Active Under Contract
Price CutPrice Drop: $10K (09/16)
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Single family home for sale at 5400 Thistle, San Antonio, TX 78238 | MLS# 1941278 | Listing updated on 2026-09-16
Photo 1 of Single family home for sale at 5400 Thistle, San Antonio, TX 78238 | MLS# 1941278 | Listing updated on 2026-09-16
Photo 2 of Single family home for sale at 5400 Thistle, San Antonio, TX 78238 | MLS# 1941278 | Listing updated on 2026-09-16
Photo 3 of Single family home for sale at 5400 Thistle, San Antonio, TX 78238 | MLS# 1941278 | Listing updated on 2026-09-16
Photo 4 of Single family home for sale at 5400 Thistle, San Antonio, TX 78238 | MLS# 1941278 | Listing updated on 2026-09-16
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$379,997

Monthly Est:$1,891

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,942sqft

5400 Thistle, San Antonio, TX 78238

$1,891/moEst:

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  • Single Family Residence

  • Built in 1945

  • $-- HOA

  • 1.1 acres lot

  • $196/sq.ft

Description

Frontage exposure from 2 sides on this Prime commercial 1.105 Acre corner commercial lot. Located at the intersection of Thistle Dr and Watercrest Dr, this 1.1046-acre B-2 zoned property offers outstanding visibility, dual street frontage, and flexible development potential in an established residential and commercial corridor. The site is ideally suited for a neighborhood retail strip center of approximately 10,000 to 15,000 square feet, making it an excellent fit for restaurants, medical or dental offices, boutique fitness, personal services, specialty retail, or professional offices. The size and corner positioning allow for efficient parking design, strong storefront exposure, and prominent signage-key elements for long-term business success. The property is being sold for land value; however, it includes a 1,942 square foot home built in 1945 situated on approximately 0.51 acres of the total tract. The home features four bedrooms, two bathrooms, a detached one-car garage, an eat-in kitchen, a den, a separate family room, a laundry room off the kitchen, and three wood-burning fireplaces. For a buyer who sees opportunity beyond redevelopment, the existing structure offers potential for refurbishment and adaptive reuse as a professional office, boutique studio, or other approved commercial use under B-2 zoning. It also presents a strategic option for phased development, allowing an owner to utilize or lease the home while planning future commercial improvements on the remainder of the property. Whether you envision developing a neighborhood retail center, establishing your own flagship location, or leveraging the existing structure for immediate use while holding for future growth, this property offers flexibility, scale, and long-term upside. Corner commercial sites of this size with multiple pathways to value are increasingly rare in Leon Valley.

  • Houzeo last checked: 8 minutes ago
  • Listing updated: September 16, 2026 at 10:33 pm
  • Listing Provided by: Randy Elgin | Keller Williams Legacy (210) 482-3200
  • Source: LERA MLS-TX | MLS#: 1941278 LERA MLS-TX

Property Details

  • Status

    Active Under Contract

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Bexar County

  • City

    San Antonio

  • Neighborhood

    --

  • Year Built

    1945

  • HOA Fees

    -

  • Finished Area

    1,942 sqft

  • Lot Size

    1.1 acres lot

  • Basement Area

    - sqft

  • MLS Name

    LERA MLS

  • MLS Number

    1941278

  • MLS Status

    AO

  • Days on Market

    239

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Window Features

    All

Utilities & Energy

  • Association Amenities

    None

  • Fireplace Features

    3 , Livrm, Famrm, Mstbd, Wdbrn

Other Features

  • Subdivision Name

    Leon Valley

Price History

DateEventPrice

09/16/2026

Source: mls_logoLERA MLS-TX #1941278

Contingent (Active Under Contract)

$379,997

$196/sqft

08/28/2026

Source: mls_logoLERA MLS-TX #1941278

Price Decreased

$379,997 -2.56%

$196/sqft

07/29/2026

Source: mls_logoLERA MLS-TX #1941278

Price Decreased

$389,997 -2.50%

$201/sqft

06/26/2026

Source: mls_logoLERA MLS-TX #1941278

Price Decreased

$399,999 -3.61%

$206/sqft

06/12/2026

Source: mls_logoLERA MLS-TX #1941278

Price Decreased

$415,000 -2.35%

$214/sqft

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Based on information from the San Antonio Board of REALTORS® MLS through Oct 10, 2026, 05:30PM. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed. © 2026 San Antonio Board of REALTORS - All Rights Reserved.

Advertising Broker: David Montalvo | CapTex Realty