Located in one of San Antonios most desirable neighborhoods, 131 Mary D presents a rare redevelopment opportunity in the highly sought-after 78209 area. The existing structure requires complete renovation and is being offered primarily for its land value, location, and future potential. Importantly, the property is currently zoned multi-family verified by the City of Alamo Heights, creating added flexibility and potential upside for investors or builders. This zoning may allow for redevelopment options beyond a single-family residence, making it an attractive opportunity for those seeking income-producing potential or a multi-unit project in a premier location. The property is located within the highly regarded Alamo Heights Independent School District, further enhancing long-term desirability and demand. Surrounded by established homes, mature trees, and continued neighborhood investment, the area reflects strong stability and growth. Convenient access to parks, dining, shopping, and major thoroughfares adds to the appeal. Opportunities offering this combination of location, zoning flexibility, and school district positioning are increasingly limited in 78209. Buyer to verify zoning, restrictions, and development potential.
Listed By
Agency Name: Phyllis Browning Company
Agency Phone: (210) 824-7878
Shown By
Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 4,313.43 per month $2,670.68 Principal & Interest $1,292.75 Property Tax $350.00 Homeowner's Insurance
131 Mary D | MLS# 1931528
This single family home located at 131 Mary D, Alamo Heights, TX 78209 is currently listed for sale with an asking price of $1,200,000. This property was built in 1939 and has 3 bedrooms and 2 full and 1 partial baths with 2382 sq. ft. Mary D is located in the ALAMO HEIGHTS subdivision within the Alamo Heights ISD school district. Search ALAMO HEIGHTS real estate on suemilamreed.kellyrealtors.com today.