123 Gray Street
San Antonio, TX 78208
2
Bed
2
Bath
800Sqft
0.17Acre(Lot)
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 Downt
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Room Information
Rooms Total: 2 -
Flooring Information
Carpet -
Roofing Information
Metal -
Interior Features
Roof: Metal Laundry Features: Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Other Cooling: None
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Building Information
Year Built: 1948 Building Area Total: 800 Construction Materials: Vinyl Siding Stories: 1 Private Pool: No
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Lot Information
Main Square Feet: 0.1745 Acres Lot Size Acres: 0.1745 Lot Size Square Feet: 7601.22 Lot Description: Back Yard, SubdividedProperty Information
Subdivision: Ncb 1165 Source Property Type: Residential Postal Code Plus 4: 1747 Property SubType: Single Family Residence Property Age: 78
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Listing Price Information
Listing Price: $98999 Cash, Owner Will Carry
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Tax Information
Parcel Number: 011650010240 Tax Year: 2025 Annual Tax: $4368 Tax Legal Desc: NCB 1165 BLK W 1/2 F LOT 24
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Parking Information
Parking Total: 1 No Garage, Driveway, Attached Carport, AttachedGarage Information
Has Garage: Yes
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School Information
Elementary School: Pershing Elementary SchoolJunior High School: Davis Middle SchoolSenior High School: Houston High School -
Location Information
Direction: Take I-35 S and exit 159B toward Walters St / JBSA-Ft Sam Houston. Merge onto the I-35 frontage road, then turn right onto N Walters St. Turn left onto E Carson St, then right onto Shirley St, and left onto Gray St. The property will be on the right at 123 Gray St. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1613 N Olive St, San Antonio, TX, 78208 | $465,000 | 4 | 2 | 1,914 | 1,914 SqFt |
| 820 Frank Ave, San Antonio, TX, 78208 | $184,000 | 2 | 1 | 990 | 990 SqFt |
| 425 Sandmeyer St, San Antonio, TX, 78208 | $285,000 | 2 | 2 | 970 | 970 SqFt |
| 1712 N Pine, San Antonio, TX, 78208 | $459,900 | 3 | 2 | 1,750 | 1,750 SqFt |
| 915 Mason, San Antonio, TX, 78208 | $389,000 | 3 | 2 | 1,472 | 1,472 SqFt |
| 326 Sharer Street, San Antonio, TX, 78208 | $349,900 | 3 | 2 | 1,674 | 1,674 SqFt |
| 320 Sharer, San Antonio, TX, 78208 | $230,000 | 3 | 3 | 1,111 | 1,111 SqFt |
| 611 Mason St, San Antonio, TX, 78208 | $360,000 | 6 | 5 | 3,700 | 3,700 SqFt |
| 530 E Carson St, San Antonio, TX, 78208 | $450,000 | 5 | 4 | 2,149 | 2,149 SqFt |
| 529 Mason St, San Antonio, TX, 78208 | $385,000 | 3 | 2 | 1,813 | 1,813 SqFt |
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ByOwner last updated this listing 06/10/2026 @ 18:38
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