For sale

Price cut: $600K (12/5)

$3,900,000

16800 LOOKOUT RD, Selma, TX 78154

3beds

17,100sqft

Est.:

Multi Family

Built in 2010

-- sqft lot

$-- Zestimate^®

$228/sqft

$-- HOA

What's special

With a brand new hospital being built just across the street, this partially-complete MF development is packed with potential. Entitled property. Utilities already on site. Original design plan included 34 townhomes + a clubhouse. 8 of those units have been built out but need major updating. Potential to scratch original design and re-work property for better use. Easy access to I35 & Loop 1604. High traffic road with high visibility.

332 days

268

4

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Unit Central

Features

Flooring: Other
Has basement: No

Interior area

Total interior livable area: 17,100 sqft

Property

Parking

Total spaces: 2
Parking features: Parking Pad

Features

Levels: Two
Patio & porch: Patio, Covered

Lot

Size: 3.13 Acres

Details

Parcel number: 050461120010

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco
Foundation: Slab
Roof: Other

Condition

Year built: 2010

Utilities & green energy

Electric: Separate Electric Meter(s)
Water: Separate Water Meter(s)

Community & HOA

Community

Subdivision: Na

Location

Region: Schertz

Financial & listing details

Price per square foot: $228/sqft
Tax assessed value: $28,670
Annual tax amount: $15,000
Price range: $3.9M - $3.9M
Date on market: 1/27/2025
Cumulative days on market: 333 days
Listing terms: 1st Seller Carry,Cash,Investors OK
Total actual rent: 0

Estimated market value

Not available

Estimated sales range

Not available

$1,444/mo

Price history

Date	Event	Price
12/5/2025	Price change	$3,900,000-13.3%$228/sqft
Source: LERA MLS #1837616 Report a problem
1/27/2025	Listed for sale	$4,500,000$263/sqft
Source: LERA MLS #1837616 Report a problem