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Investment Highlights

  • Seller Financing Available
  • Quick access to I-10 and downtown San Antonio
  • Shovel Ready

Executive Summary

Shovel-ready 12-unit development site in the highly sought-after Tobin Hill neighborhood, located just blocks from the Pearl Brewery. The owner is open to flexible financing options. Approved plans call for a mix of multi-story, townhome-style residences
offering one- and two-bedroom floor plans, each with a private garage.
Market Highlights
Rental Market: Average rents in this trade area are approximately $1,800 per month (CoStar). The submarket has seen strong demand with an average annual absorption of 274 units over the past three years. In the past 12 months alone, absorption surged to 478 units, with only ~100 new units currently proposed (CoStar).
For-Sale Townhome Market: Over the past 24 months, the median sold price in this submarket was ~$450,000 per unit. The current median
asking price is ~$515,000 (LERA MLS). This site offers a unique opportunity to deliver modern, in-demand housing to one of San Antonio’s most vibrant and walkable
neighborhoods.

Attachments

Mclane Flyer

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.31 AC
Zoning IDZ & MF-33 - IDZ and multifamily district

1 Lot Available

Lot

Lot Size 0.31 AC

Description

Two-parcel infill residential site located on Mc Lane in the desirable Tobin Hill neighborhood. The property is surrounded by a mix of residential infill developments and nearby commercial uses, creating a dynamic urban environment. Location Highlights Walking distance to the Pearl Brewery, one of San Antonio’s premier destinations for dining, shopping, and entertainment Quick access to I-10 and downtown San Antonio, offering excellent connectivity to the broader metro area Surrounded by ongoing infill projects, reinforcing Tobin Hill’s position as one of the city’s most active and sought-after neighborhoods

Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
  • Listing ID: 37743187

  • Date on Market: 2025-09-19

  • Last Updated:

  • Address: 314 McLane St, San Antonio, TX 78212

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