Company Profile: 23 Palace Place Dr
Background
23 Palace Place Dr is a residential property located in San Antonio, Texas, within the 78248 ZIP code. This single-family home, built in 1997, offers 4,655 square feet of living space, featuring 5 bedrooms and 3.5 bathrooms. Situated on a 0.5-acre lot, the property includes a 3-car garage and is part of the Waters at Deerfield neighborhood. The home is characterized by stucco exterior and includes a spa.
Key Strategic Focus
As a residential property, 23 Palace Place Dr's strategic focus is on providing a comfortable and spacious living environment for its residents. The property is designed to cater to families seeking a luxurious and private residence in a desirable neighborhood.
Financials and Funding
The property has experienced appreciation over the years. In 2025, the estimated market value was approximately $962,700, with an estimated sale price range between $876,000 and $1.06 million. The property tax assessment for 2025 was $868,000, reflecting a slight decrease from the previous year.
Pipeline Development
As a residential property, 23 Palace Place Dr does not have a pipeline of products or services. Its value proposition lies in its established features and location, catering to the housing needs of potential buyers.
Technological Platform and Innovation
The property includes a spa, enhancing its appeal to potential buyers seeking luxury amenities. However, there is no specific information available regarding other technological platforms or innovations associated with the property.
Leadership Team
As a residential property, 23 Palace Place Dr does not have a leadership team. Ownership and management details are not publicly disclosed.
Competitor Profile
Market Insights and Dynamics
The San Antonio real estate market, particularly in the 78248 ZIP code, is characterized by a mix of single-family homes and luxury residences. The area offers a suburban lifestyle with access to urban amenities, making it attractive to families and professionals. The market has experienced fluctuations in property values, with recent data indicating a buyer's market with a median sale price of $500,000 and an average of 86 days on the market.
Competitor Analysis
In the vicinity of 23 Palace Place Dr, several comparable properties are available:
- 26 Palace Place Dr: Listed for $1,075,000, this property offers similar features and is located in the same neighborhood.
- 22 Palace Place Dr: Off the market with an estimated value of $1,057,000, this property shares the same architectural style and amenities.
These properties serve as direct competitors, offering similar living spaces and amenities within the same neighborhood.
Strategic Collaborations and Partnerships
As a residential property, 23 Palace Place Dr does not engage in strategic collaborations or partnerships. Its value proposition is based on its location, size, and amenities.
Operational Insights
The property's location in the Waters at Deerfield neighborhood provides a competitive advantage, offering a desirable living environment with access to local amenities and services. The inclusion of a spa adds to its appeal, differentiating it from other properties in the area.
Strategic Opportunities and Future Directions
Potential opportunities for 23 Palace Place Dr include:
- Market Positioning: Emphasizing its luxury features and prime location to attract high-end buyers.
- Property Enhancements: Implementing upgrades or renovations to increase market value and appeal.
- Marketing Strategies: Utilizing targeted marketing campaigns to reach potential buyers seeking luxury residences in San Antonio.
Contact Information
For inquiries regarding 23 Palace Place Dr, interested parties should contact local real estate agents or property management services specializing in the San Antonio area.
