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All Forum Posts by: Matt James

Matt James has started 1 posts and replied 2 times.

Post: Tiny Home Market?

Matt JamesPosted
  • Austin, TX
  • Posts 2
  • Votes 1
I'm an architect / developer living with my partner in an airstream outside of Austin. Neither of us thinks it's a permanent situation living in 250 SF even if it is well designed. I think a tiny home is a great idea but there's probably not much money in it unless it's an accessory dwelling financed in a well developed city by an independently wealth person or couple. One might be able to manufacture tiny homes in Florida for seniors. Even if the designs are truly eye catching and unique, I suspect a business based on tiny homes will be unprofitable unless conceived in a booming city that has a surplus of small lots and people ready to change their lives for a real reason like surviving property costs. Maybe the trump era will provide such a scenario.

Post: San Antonio land near downtown

Matt JamesPosted
  • Austin, TX
  • Posts 2
  • Votes 1
Hi everybody! I've purchased a small lot in a single family zoned neighborhood in Southtown San Antonio right next to the highway interchange offramp and a high school sports field to develop it as a rental or sale lot. It's approximately 40x90 feet without setbacks and the buildable lot would be around 20x40 plus onsite parking and two stories. An accessory dwelling is possible although very compact. The site is not zoned for residential as it is a unplatted parcel. It's also at the end of a short dead end street. Ive been entertaining various options because the utilities are nonexistent and the waste lines in particular would cost about $6000 for an extension. I'm looking for advice on how to maximize the profit margin with low overhead development costs as a starting point. It's an interesting concept because the city needs more development to improve this older-generation neighborhood that is partially run down and quite close to Southtown amenities like the blue star arts district and new mission reach trails. It's my hometown so I have some personal interest in adding value as well as helping someone have a great place to live. What is the market willing to reasonably offer to maximizing the potential of this type of site? What would I stand to gain and would it be worth it? Additionally, what are the odds that an investor would be interested in becoming part of this process and at what stage of its development? I am an architect and capable of putting together a full concept and set of plans as necessary. Would it be overly speculative to be developing houses in San Antonio and for what type of investor should I be aiming for?