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.
For sale
$98,999
123 Gray St, San Antonio, TX 78208
2beds
800sqft
:
Get pre-qualified$759/mo
Single Family Residence
Built in 1948
7,601 Square Feet Lot
$-- Zestimate®
$124/sqft
$-- HOA
What's special
- 143 days |
- 191 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Christopher Moran TREC #0655612 915-502-1439,
Home Pros Real Estate Group
Source: HAR,MLS#: 48633181
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Utility Room
Primary bathroom
- Features: Half Bath, Secondary Bath(s): Shower Only
Heating
- Other
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
Property
Parking
- Total spaces: 1
- Parking features: No Garage, Driveway, Attached Carport
- Carport spaces: 1
Features
- Stories: 1
- Fencing: Full
Lot
- Size: 7,601 Square Feet
- Features: Back Yard, Subdivided, 0 Up To 1/4 Acre
Details
- Parcel number: 011650010240
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Ncb 1165
Location
- Region: San Antonio
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $178,980
- Annual tax amount: $4,368
- Date on market: 3/9/2026
- Listing terms: Cash,Investor,Owner Will Carry
Estimated market value
Not available
Estimated sales range
Not available
$1,200/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Listed for sale | $98,999$124/sqft |
Source:  HAR #48633181 Report a problem | ||
| 4/9/2026 | Pending sale | $98,999$124/sqft |
Source: HAR #48633181 Report a problem | ||
| 3/9/2026 | Listed for sale | $98,999$124/sqft |
Source: HAR #48633181 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,368 +4902.3% | $178,980 +94.2% |
| 2024 | $87 -36.9% | $92,155 +10% |
| 2023 | $138 -3% | $83,777 +10% |
| 2022 | $143 -10.5% | $76,161 +10% |
| 2021 | $159 | $69,237 +10% |
| 2020 | $159 +11.8% | $62,943 +10% |
| 2019 | $143 | $57,221 +10% |
| 2018 | $143 +1.5% | $52,019 +10% |
| 2017 | $140 +9.9% | $47,290 +10% |
| 2016 | $128 +6.2% | $42,991 +10% |
| 2015 | $120 | $39,083 +10% |
| 2014 | $120 | $35,530 +2.3% |
| 2013 | -- | $34,740 -2.1% |
| 2012 | -- | $35,480 -5% |
| 2011 | -- | $37,350 -5.7% |
| 2010 | -- | $39,600 -7.5% |
| 2009 | -- | $42,825 +10% |
| 2008 | -- | $38,932 +4% |
| 2007 | -- | $37,450 +16.2% |
| 2006 | -- | $32,240 +10.2% |
| 2005 | -- | $29,250 |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Government Hill Alliance
Nearby schools
GreatSchools rating
- 2/10Pershing Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Davis Middle SchoolGrades: 7-8Distance: 3.5 mi
- 2/10Houston High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Pershing Elementary School
- Middle: Davis Middle School
- High: Houston High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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