two adjacent lots in 78220 San Antonio Texas. The combined Square Footage of the two properties is 15000 SQFT (~.35 Acres). Each Separate lot is platted with Bexar County at 7500 SQFT (~.173 Acres) One lot is front facing and has access directly off Martin Luther King Drive, and the other adjoining lot has access off Sterling Ave. There is a 30 x 25 Garage on the Sterling property with a concrete foundation. There is another small area on the property that has a concrete foundation with no structure. Utility wise, there is currently one active electricity drop meter and 220 wiring, but there is not currently any water / plumbing. Both neighbors already have city water, so to create a access point should not be very difficult. There have been 3 different properties without structures that have sold for $48,000 in the last 6 months within half a mile that are a little under 7500SQFT. There are some ~7500 SQFT properties without structures and less square footage that are listed for $100,000 that have not sold. None of the properties that have sold that meet this criteria, have forward facing access to Martin Luther King Drive, and it is unclear if they have electricity. It is with this evidence in mind that we have priced the property at the very competitive price of $139,000 Attached are the Legal Descriptions, addresses, and screen shots of survey information from the county recorder’s office. Front facing Lot: Address: 2962 Martin Luther King Drive, San Antonio Tx 78220 Legal Description: NCB 10257 BLK 3 LOT 9 Zoned R-4 Residential Adjoining facing Lot: Address: 235 Sterling Drive, San Antonio Tx 78220 Legal Description: NCB 10257 BLK 3 LOT 21 Zoned R-4 Residential 2022 Property Closings ~7500 SQFT within .5 miles of property and within 78220 ZIP 1. Address: 606 Pecan Valley Drive 78220 Lot Size: 5954 SQFT Structure: NONE Sale Price: $48,500 Sale Date: 7/7/2022 URL: https://www.zillow.com/homedetails/534-Sterling-Dr-San-Antonio-TX-78220/26270429_zpid/ 2. Address: 606 Pecan Valley Drive 78220 Lot Size: 7840 SQFT Structure: NONE Sale Price: $48,000 Sale Date: 4/15/2022 URL: https://www.zillow.com/homedetails/606-Pecan-Valley-Dr-San-Antonio-TX-78220/69631530_zpid/ 3. Address: 614 Pecan Valley Drive 78220 Lot Size: 7840 SQFT Structure: NONE Sale Price: $48,000 Sale Date: 4/15/2022 URL: https://www.zillow.com/homedetails/614-Pecan-Valley-Dr-San-Antonio-TX-78220/69631532_zpid/
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