San Antonio Mansion Slashed $500K, Buyers Hesitate
King William Historic District's Grand Property Price Adjustment In a notable shift for the luxury real estate market of San Antonio, a prestigious mansion in the historic King William district has undergone a remarkable price reduction. Originally listed at $4.3 million in March 2025, the mansion's price has been cut by $500,000. This highlights important trends in historic value recognition and property renovations. Buyers who are adept at navigating legal complexities may find significant opportunities in this market. The price adjustment brings the per square foot cost down to $697 from $768. Despite its 5,598 square feet of grandeur, the changes reflect larger market dynamics. The estate, with six bedrooms and four and a half bathrooms, showcases a blend of historic charm and modern renovations. It offers a unique package for discerning buyers. Additionally, nearly 10% tax assessment increases may influence buyer perceptions and decisions. Adding to the appeal, the mansio...