123 Gray Street

About this home

Located near the historic Government Hill district, this property offers a great opportunity for homeowners, investors, or developers in one of San Antonio’s growing central areas. The home features 2 bedrooms and 1 full bathroom and can be restored into a comfortable residence or serve as a buy and hold, flip, or development opportunity. The real value is the spacious 7,600 sq ft lot and its development potential. Currently zoned R6, the property allows for the possibility of adding an ADU, creating an opportunity for additional rental income or multigenerational living. The zoning may also present the potential to rezone to R2 to allow for duplex development, making this an attractive option for investors looking to maximize land use. Located near Government Hill and minutes from Downtown San Antonio, The Pearl, Fort Sam Houston, and other military bases. Easy access to I-35, Hwy 281, I-10, and Loop 410. Owner to owner sale available with as little as 10 percent down.

Property details

Property type

SingleFamilyResidence

Year built

1948

Subdivision

Ncb 1165

Stories

1

Garage spaces

0

Parking

Attached Carport,Driveway,None

Heating

Other

Cooling

None

County

Bexar

Annual taxes

$4,368

Days on market

242

Schools

District

239 - San Antonio

Elementary

PERSHING ELEMENTARY SCHOOL

Middle

DAVIS MIDDLE SCHOOL

High

HOUSTON HIGH SCHOOL