Government Hill Homes under $400,000

Welcome to Government Hill, a vibrant and historic subdivision nestled in the heart of San Antonio, Texas. Known for its charming streets and rich cultural heritage, Government Hill offers a unique blend of old-world charm and modern conveniences, making it an ideal place for families, young professionals, and retirees alike.

With its prime location just a stone's throw away from downtown San Antonio, residents enjoy easy access to a plethora of dining, shopping, and entertainment options. The area is steeped in history, with beautifully preserved homes that reflect the architectural styles of yesteryear, alongside newer constructions that cater to contemporary tastes.

One of the most appealing aspects of Government Hill is the availability of homes priced under $400,000. This affordable housing market makes it an attractive option for first-time homebuyers and those looking to invest in a growing community. You can find a diverse range of properties, from quaint bungalows to spacious family homes, all featuring unique character and charm. Many residences boast lush gardens and inviting outdoor spaces, perfect for enjoying the warm Texas sunshine.

Community spirit thrives in Government Hill, where neighbors come together for local events and festivals, fostering a welcoming atmosphere that makes everyone feel at home. With its rich history, affordability, and close-knit community, Government Hill is not just a place to live—it's a place to thrive. Come explore this hidden gem in San Antonio, where your dream home awaits!

Newest Government Hill Homes under $400,000

$300,000

2017557 MLS ⋅ ACTIVE Status

Just outside Fort Sam Houston in the Government Hill area. This 3-unit property is fully occupied, providing immediate rental income. The location is a major highlight, with quick access to downtown, the River Walk, the Alamo, the Frost Bank Center, and the Pearl entertainment district. Plus convenient access to the airport. With solid income and future upside, this is a great opportunity to add a centrally located multi-family property to your portfolio.

223 Bee St, San Antonio

$399,000

2 Beds ⋅ 1 Baths ⋅ 2017458 MLS ⋅ ACTIVE Status

Opportunity to restore 2 historic houses on one lot in historic Government Hill by Ft. Sam Houston & The Pearl. With all growing in-demand area is the future BESA development (Broadway East) & High end shops & restaurants & hotel. No measurements for 2nd house.

1825 N Palmetto, San Antonio

$249,500

2016437 MLS ⋅ ACTIVE Status

TWO HOMES, ONE GREAT OPPORTUNITY! Located just minutes from Downtown San Antonio, this unique property offers the versatility and potential of two separate homes on one property. The main house features a distinctive brick exterior, durable metal roof, exposed brick interior walls, ceramic tile flooring, and a spacious kitchen with a large island and new shaker-style cabinets. The second home is a charming open-concept, loft-style residence that offers additional living space, guest accommodations, rental potential, or a creative workspace. Both homes need some remaining finish work, making this an excellent opportunity for an investor, owner-occupant, or buyer looking to add their own personal touches. Conveniently located near Downtown San Antonio, dining, shopping, entertainment, and major thoroughfares. Bring your vision and finish out this unique property to make it your own!

2247 N Interstate 35, San Antonio

$305,000

2 Beds ⋅ 1 Baths ⋅ 2012949 MLS ⋅ PRICE CHANGE Status

A 1930 bungalow on an unusually generous corner lot places 1620 N Olive within minutes of Pearl and downtown San Antonio. Just outside the Government Hill Historic District, the property pairs the character of an established neighborhood with considerable room to renovate, expand or reimagine. The existing home retains much of its original character, including a covered front porch, brick fireplace with built-in cabinetry and a straightforward floor plan ready for renovation. A detached approximately 700-square-foot garage provides substantial additional space and further flexibility. Nearly 9,500 square feet of land gives the property a scale that is increasingly difficult to find this close to the urban core. Its elevated position and corner setting create possibilities for future construction designed to capture views toward the downtown skyline. Two blocks from the forthcoming BESA development and less than a mile from Pearl, the property sits within a rapidly evolving stretch of Government Hill while remaining immediately connected to downtown.

1620 N Olive St, San Antonio

$115,000

2 Beds ⋅ 1 Baths ⋅ 2011556 MLS ⋅ PRICE CHANGE Status

This home offers excellent potential in a prime location for Airbnb, short-term, or long-term rental opportunities! Located directly next to a Fort Sam Houston entrance and just down the street from the Pearl District, it is also conveniently close to Downtown and Frost Center. The spacious lot may allow for a possible ADU, if permitted. The home needs updating and some TLC, but offers an excellent opportunity for the right owner or investor to make improvements and add value!

313 Bee St, San Antonio

$159,000

3 Beds ⋅ 1 Baths ⋅ 2011269 MLS ⋅ PRICE CHANGE Status

Charming 3 bed, 1 bath (single story) that is move-in ready near the Fort Sam Houston gate. This home features laminate and tile flooring throughout (no carpet), an eat-in kitchen with refrigerator included, and an indoor laundry area. Enjoy a spacious backyard for relaxing or play. Excellent location with easy access to I-35, I-37, Downtown, Southtown, and the Pearl.

638 Hood, San Antonio

$309,900

6 Beds ⋅ 5 Baths ⋅ 2005764 MLS ⋅ PRICE CHANGE Status

Rare investor opportunity in the heart of historic Government Hill! This 1890s home is rich in character and ready for its next chapter, offering approximately 3,700 square feet with 6 bedrooms and 5 bathrooms. Original architectural details include soaring 12-foot ceilings, beautiful old-growth longleaf pine floors, and a stunning wood staircase with its original railing, preserving the timeless craftsmanship of this historic property. Major structural improvements have already been completed, including the roof, foundation, framing, and a substantial addition, allowing you to focus on bringing your vision to life. Architectural floor plans are available to help streamline the renovation process. Situated on a generous 0.24-acre lot, the home also features a newly rebuilt wraparound veranda, providing the perfect space to showcase this historic gem. Please note that there is currently no HVAC system installed. This property is being offered as an investor-only opportunity and is available for cash or hard money financing only. Don't miss this rare chance to restore and transform a remarkable piece of San Antonio history.

611 Mason, San Antonio

$245,000

2 Beds ⋅ 1 Baths ⋅ 2004360 MLS ⋅ PRICE CHANGE Status

Welcome to this beautifully renovated 2-bedroom, 1-bath home nestled in the heart of the sought-after Government Hill Historic District. Thoughtfully updated while preserving its historic charm, this move-in-ready home seamlessly blends classic character with modern finishes for comfortable everyday living. The stylish kitchen is designed to impress, featuring elegant quartz countertops and a gas cooktop that makes meal preparation a delight. Tasteful renovations throughout the home create a bright and inviting atmosphere while maintaining the timeless character that makes historic homes so desirable. Ideally located just minutes from The Pearl, the San Antonio River Walk, Fort Sam Houston, the Alamodome, downtown San Antonio, local restaurants, shopping, and major highways, this home places you in the center of everything San Antonio has to offer. Enjoy the charm of one of the city's most treasured historic neighborhoods while experiencing the convenience of modern urban living. Whether you're searching for your first home, a downsizing opportunity, or an investment in one of San Antonio's most established neighborhoods, this fully renovated Government Hill Historic District gem is one you won't want to miss.

821 E Josephine St, San Antonio

$195,000

2 Beds ⋅ 1 Baths ⋅ 1997673 MLS ⋅ ACTIVE Status

This 2-bedroom, 1-bathroom house is across the street from historical Fort Sam Houston. This house is located on the same street as Hotel Emma and the same block as Lamermont Event Castle. The property has been used for non-profit purposes since the 1980's. It has been used as a small worship center, vicarage, and school-age daycare center-your next home in the historic Government Hill neighborhood. The property is zoned R-6.

914 E Grayson St, San Antonio

$230,000

4 Beds ⋅ 1 Baths ⋅ 1993252 MLS ⋅ ACTIVE Status

Fully remodeled and move-in ready! This charming one-story home in the desirable Government Hill area offers 4 bedrooms, 1 full bathroom, and a comfortable, inviting living space. Featuring modern updates throughout, this home beautifully blends classic character with contemporary finishes, including updated flooring, fresh paint, and a thoughtfully renovated interior. Recent improvements include a detached storage unit/garage, a new driveway, and a new sidewalk, adding convenience, functionality, and curb appeal. Ideally located near I-35, University of the Incarnate Word, Fort Sam Houston, The Pearl, Downtown San Antonio, and Freeman Coliseum, this property provides easy access to shopping, dining, entertainment, major employers, and local attractions. Whether you're looking for a primary residence or an investment opportunity, this property offers excellent value in one of San Antonio's most centrally located neighborhoods. Don't miss this opportunity to own a beautifully updated home in Government Hill!

235 Gray St, San Antonio

$164,900

2 Beds ⋅ 1 Baths ⋅ 1968097 MLS ⋅ ACTIVE Status

Fully leased, turn-key investment opportunity in Government Hill near Downtown San Antonio and the Pearl District. Current tenant pays $1,550/month, providing immediate cash flow from day one. Offered at $164,900, the property presents an attractive in-place 8.4 cap rate with no immediate capital improvements required. Ideal for investors seeking a stabilized, low-maintenance rental in one of San Antonio's strongest urban infill corridors. Tenant lease extends through May 2027. Do not disturb tenant. Showings only upon accepted offer. Buyer to independently verify all information.

820 Frank Ave, San Antonio

$375,000

3 Beds ⋅ 2 Baths ⋅ 1966373 MLS ⋅ ACTIVE Status

Have you ever wanted to own a piece of SA history and also have an investment. This property is a wonderful opportunity for Airbnb with the main home and the back one. The tiny home was rented out at $700 on a month for extra income before or use it for guests. It is consistently booked on weekends and has a 5 star rating. The quoted Sq. Ft. does not include the tiny home. More than 20 years ago, the current owners set out in search of a historic home-one with good bones, timeless character, and a soul that spoke to them. From the moment they stepped through the doors, they knew instantly they had found the one. The soaring ceilings seemed to breathe with history, the longleaf pine floors added warmth and character, and the charming quirks-such as a hallway that once served as the original back porch-captured their imagination. Unlike so many homes that lose their essence to quick flips, this one had been lovingly preserved. The owners fell in love not only with the house, but also with its setting. The backyard stretches wide and is shaded by graceful trees that invite gatherings. As artists and dreamers, they saw a canvas waiting to be filled and, over the years, made thoughtful upgrades while honoring the home's original character. It now awaits it new owners to make it into their own. An artsy tiny house was added to the backyard and served as a home for a mother-in-law for several years. Additional updates included painted interiors, an ample screened porch added to the main house, and countless other improvements made over two decades of ownership. Thier hope is that those who walk through its doors will feel the same spark-a sense of being welcomed home by something larger than themselves-and will cherish it just as deeply. There is access off the back street as well.

529 Mason St, San Antonio

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