Price: $1,500,000
Building Size SqFt: 6,228
Lot Size Acres: 0.49
Lot Size SqFt: 21,475
Status: Active
Property Type: Apartments
Year Built: 1960
Days on Website: 13
Courtesy of Phyllis Browning Company, David Abrahams (210) 824-7878
Property Description
PORTFOLIO SALE: Covered play – for multi-family redevelopment. 0.493-acre, 3-parcel assemblage in Tobin Hill North near N. St. Mary’s St, on the growth path toward the Pearl. 5 of 7 units currently occupied, $74,340/yr in-place gross rent with potential to $103,380/yr at full occupancy. 631 zoned MF-33; 635 & 641/643 zoned R-6 with an established duplex use supporting rezoning. Est. redevelopment potential of 14-15 units at full build-out (buyer to verify with the City). Seller will not divide parcels. $1,500,000 for the full assemblage – priced near land value. Also listed as Commercial Improved (631 Ashby) and on CoStar and Crexi.
Open House
Property Details and Features
- Listing
- Listing date: 2026-07-31 05:00:00
- 13 days on market
- 13 cumulative days on market
- $241 per square foot
- Location
- County: Bexar
- Area: 0900
- Building
- Built in 1960
- Approximate age: 66
- Building/center name: ASHBY PLACE PORTFOLIO
- Gross building area: 6,228 square feet
- Other
- 6,228 square feet
- 2 stories
- 3 buildings
- Roof
- Metal
- Interior Features
- Ceiling height: 8
- Cooling
- Window
- Wall
- Heating
- Floor Furnace
- Window Unit
- Lot
- Lot size: 0.493
- Property
- Zoning: MF-33 (631) / R-6 (635, 6
- Schools
- School district: San Antonio I.S.D.
- Miscellaneous
- Gross income: 74340.00
- Net operating income: $48,073
- Net leasable area: 6228
- Monthly lease: $0
- None
- Actual
- Estimated
- None
- No
- Other
- 7 rentals
- 7 parking spaces
- 7 units
- Other tax: 5030.13
- Taxes
- Total tax: $26,267
- Annual tax: $26,267
- City tax: $5,829
- County tax: $2,974
- $12,433 school tax
- Property Tax ID: 030530000032
- Utilities
- Gas utility supplier: CPS
- Electric utility supplier: CPS
- Garbage utility supplier: CITY
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
- Electricity
- Gas
- Water
- Sewer
Property Map
$1,500,000 – 631 E Ashby Pl, San Antonio, TX 78212
