That whole are is being rejuvenated but some areas are more promising than others. When you mean its in that area, do you mean that it is actually in Government Hill. Or is it on the other side of 35 closer to Near east or Dignowity. All of those areas are seeing rejuvenation, and have a lot of great houses with awesome potential to be beautiful homes again. There are many businesses starting to extend from Broadway into government hill. The Alamo brewery was finished not long ago and its in the Near east/Dignowity area and since then there have also been a great deal of restaurants and bars popping up close by.
I am very excited to see the progess in the older neighborhoods of San Antonio, and I really hope it continues. We just moved to Tobin Hill north which is a little south of there and in the 6 months we have been here we have seen new construction real estate, old homes being renovated, new businesses etc.
Feel free to message me directly if you have more specific questions, I would be more than happy to help.