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; 2 vacant units at 631 available for immediate lease-up or redevelopment planning. 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.
| Listing Id: | 2005424 |
|---|---|
| List Price: | $1,375,000 |
| Property Type: | Multi Family |
| Status: | Active |
| Living Area: | 6,228 |
| Tax Annual Amount: | $26,267 |
| Lot Size Acres: | 0.493 |
| Architectural Style: | OTHER |
| City: | San Antonio |
| County Or Parish: | Bexar |
| Subdivision Name: | Tobin Hill |
| ZIP: | 78212 |
| Year Built: | 1925 |
| Accessible Adaptive Home: | NO |
| Elementary School: | HAWTHORNE |
| High School: | EDISON |
| Cooling: | WINDW |
| Exterior Features: | TREES, OTHER |
| Exterior: | OTHER |
| Flooring: | CTILE, WOOD |
| Heating Fuel: | ELEC |
| Heating: | FLRFR, WNDUN |
| Roof: | METAL |
| Construction: | PRE_OWNED |
| Owner Lrea_lreb: | NO |
| School District: | SAN_ANTON |
| Parcel Number: | 030530000052 |
| Builder Name: | UNKNOWN |
| Utility Supplier Gas: | CPS |
| Utility Supplier Elec: | CPS |
| Utility Supplier Grbge: | CITY |
| Utility Supplier Water: | SAWS |
| Utility Supplier Sewer: | SAWS |
| Directions: | E Ashby Pl off of N St Mary's |
| MLS Area Major: | _0900 |
| Original List Price: | $1,500,000 |
| Sale_rent: | SALE |
| State Or Province: | TX |
| Postal Code: | 78212 |
| Price_SQFT: | $220.77 |
| Recent Rehab: | NO |
| Source Sqft: | D |
| Subdivision Legal Name: | TOBIN HILL NORTH |
| Tax Property Id: | 030530000052 |
| Taxed By Mltpl Counties: | NO |
| Hoa Mandatory: | NONE |
| Zoning: | MF-33 (631) / R-6 (635, 6 |
| Proposed Terms: | CASH, OTHER |
| Listing Terms: | CASH, INVOK, OTHER |
| Sale Includes: | BLDGS, LAND, OTH |
| Net Operating Income: | $48,073 |
| Vacancy Allowance Rate: | 29.0 |
| Operating Expense: | $26,267 |
| Meters: | SPELC, SPGAS, SPWTR |
| Operating Expense Includes: | TAXES |
| Unit 1 Info: | OTHER |
| Unit 2 Info: | NA |
| Unit 3 Info: | NA |
| Unit 4 Info: | NA |
| Unit 5 Info: | NA |
| Unit 6 Info: | NA |
| Unit 7 Info: | NA |
| Unit Type 1 Beds Total: | 2 |
| Unit Type 1 Baths Total: | 1 |
| U1 Handicap Access: | NO |
| U1 Half Baths: | 0 |
| Unit Type 1 Garage Spaces: | 1 |
| U1 Occupied: | NO |
| U1 Park Type: | P |
| Unit Type 1 Total Rent: | $1,295 |
| Unit Type 2 Beds Total: | 2 |
| Unit Type 2 Baths Total: | 1 |
| U2 Handicap Access: | NO |
| Unit Type 2 Garage Spaces: | 1 |
| U2 Occupied: | NO |
| Unit Type 2 Total Rent: | $1,125 |
| Unit Type 3 Beds Total: | 2 |
| Unit Type 3 Baths Total: | 1 |
| U3 Handicap Access: | NO |
| U3 Half Baths: | 0 |
| Unit Type 3 Garage Spaces: | 1 |
| U3 Occupied: | YES |
| Unit Type 3 Total Rent: | $1,345 |
| Unit Type 4 Beds Total: | 2 |
| Unit Type 4 Baths Total: | 1 |
| U4 Handicap Access: | NO |
| U4 Half Baths: | 0 |
| Unit Type 4 Garage Spaces: | 1 |
| U4 Occupied: | YES |
| Unit Type 4 Total Rent: | $1,300 |
| Unit Type 5 Beds Total: | 3 |
| Unit Type 5 Baths Total: | 1 |
| U5 Handicap Access: | NO |
| U5 Half Baths: | 0 |
| Unit Type 5 Garage Spaces: | 1 |
| U5 Occupied: | YES |
| Unit Type 5 Total Rent: | $1,495 |
| Unit Type 6 Beds Total: | 2 |
| Unit Type 6 Baths Total: | 1 |
| U6 Handicap Access: | NO |
| U6 Half Baths: | 0 |
| Unit Type 6 Garage Spaces: | 1 |
| U6 Occupied: | YES |
| Unit Type 6 Total Rent: | $1,255 |
| Unit Type 7 Beds Total: | 2 |
| Unit Type 7 Baths Total: | 1 |
| U7 Handicap Access: | NO |
| U7 Half Baths: | 0 |
| Unit Type 7 Garage Spaces: | 1 |
| Unit Type 7 Total Rent: | $800 |
| Tax Year: | 2026 |
| Architectural Style: | OTHER |
Listing Courtesy of: Phyllis Browning Company
Listing Agent: David Abrahams
(253) 310-1973
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LERA MLS data last updated on October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
