7665 Fm 32, Fischer, TX 78623

$149,000

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List Price
$149,000
Status
ACTIVE
MLS#
619822

Property Description

Both lots are being sold together for the listed price, offering a rare 1.18-acre multifamily development opportunity in the Texas Hill Country along FM 32 in Fischer, TX. Located at 7671 FM 32 (Lot 6) and 7665 FM 32 (Lot 7), these Rancho Del Lago lots are approved for multifamily development and allow for a duplex, triplex, or fourplex on each lot, creating the potential for up to 8 total rental units. Investors, builders, and developers will appreciate that much of the preliminary work has already been completed. Sellers have site plans, foundation engineering, and duplex plans available for review by qualified buyers with proof of funds. Modular construction is welcome. Conveniently located less than 4 minutes from Canyon Lake High School, the property offers strong appeal for future tenants seeking proximity to local schools, employment centers, and Canyon Lake amenities. City water is available with taps on site. Septic systems will be required; estimates are available upon request. Looking for a turnkey building solution? The sellers are also available to build to suit on a cost-plus basis with the purchase of the property, providing flexibility for investors seeking a streamlined path from acquisition to construction. Opportunities for multifamily development in this location are limited. Secure both lots and take advantage of the planning work already completed.

Additional Information

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None
School District
Comal ISD
Elementary School
Rebecca Creek
High School
Canyon Lake High School
Middle School
Mountain Valley Middle School
Sewer
Septic Needed
Street Name
Fm 32
Street Number
7665
Neighborhood
Rancho Del Lago 7
Acres
1.18
County
Comal

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Calculator source: Real Geeks

Listing courtesy of All City Real Estate Ltd. Co. Contact: (866) 277-6005

Listing courtesy of Listing Agent: Sylvia Muzzy (SMuzzy.MPG@gmail.com) from Listing Office: All City Real Estate Ltd. Co.