107 Willim St, San Antonio, TX 78209

A rare opportunity in the heart of Alamo Heights. Set on an oversized 0.41-acre lot between Broadway Street and Cambridge Oval, 107 Willim offers something increasingly difficult to find: a substantial parcel in an exceptional location with multiple paths forward.

The existing four-unit property provides an immediate foundation for the next owner’s vision. Give the units a quick refresh and reposition them for rental income, undertake a more comprehensive renovation, or explore the long-term redevelopment potential of the site. Zoned MFD, the property may offer opportunities for additional residential density or other permitted uses, subject to City of Alamo Heights approval and independent verification.

Location is a defining advantage. Just blocks from Merit Coffee, Bird Bakery, Paloma Blanca and other neighborhood favorites, with Central Market, H-E-B, shopping, dining and everyday conveniences only minutes away, the property sits in one of the most desirable and established areas of San Antonio.

Original wood floors, abundant natural light and classic character remain throughout the existing building, giving renovation-minded buyers a strong starting point. For developers and investors, the size of the lot, zoning and location create an entirely different opportunity to explore what the property could become.

Renovate. Reposition. Redevelop. Few properties offer this combination of location, lot size and flexibility in Alamo Heights. 107 Willim is an opportunity to acquire a distinctive piece of real estate today, and determine the best vision for its next chapter.

At $229 per square foot, this four-unit income property on Willim Street in San Antonio offers smart density in one of San Antonio's most walkable neighborhoods. The 3,914-square-foot main building sits on a 0.41-acre lot zoned MFD, creating multiple value-add scenarios beyond its current cash flow.

The property's location between Broadway and Cambridge Oval puts tenants within walking distance of Merit Coffee, Bird Bakery, and Paloma Blanca. Central Market and H-E-B are minutes away, and the walkability factor translates directly to tenant retention. The detached studio unit requires foundation work but represents a clear path to additional income once remediated.

Design efficiency defines the main building. Original wood floors and tile work provide durability without requiring full renovation. Ceiling fans and stackable washer-dryer connections appeal to modern renters managing small spaces efficiently. The front porch creates entry character typical of this 1949 construction, while functional unit layouts minimize wasted square footage.

The real value sits in what's possible next. Alamo Heights ISD zoning may allow for up to nine units on this footprint, subject to city verification and buyer due diligence. Current operators can stabilize four units while planning future development. The property's location near public transit adds appeal for renters who work downtown or at the major employment centers in the area.

At $898,000 for an income-producing asset with redevelopment optionality, this captures a middle ground between stabilized multi-family operations and development play. The 65-day market time reflects both opportunity window and realistic pricing. For investors comfortable with a refresh-and-optimize approach, the numbers work now while upside gets built into the business plan over the next three to five years.