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10323 Moursund Blvd
San Antonio, TX 78221
Asking Price
$1.20M
Asset Type
Residential Land
Class
Class B
What's Special
60–70 Paper Lots | 21.18 Contiguous Acres | Moursund Blvd Frontage <ul><li>21.18 contiguous acres across two parcels with no gap parcels and no deed restrictions</li><li>R-4 zoned (City of San Antonio); estimated 60 to 70 single-family lots at 6,000 sq ft minimums</li><li>Rezoning to multifamily, build-to-rent, or light industrial is feasible</li><li>Direct Moursund Blvd frontage with approximately 1,600 ft usable depth</li><li>Ag-exempt; annual property taxes approximately $28 (Parcel 1)</li><li>Unplatted; design your own lot configuration, street grid,
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
