Homes for sale - 0 Lookout, Live Oak, TX 78233

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Michelle Daep

realtormichelledaep@gmail.com +1(210) 941-7809

$ 4,000,000

Est. payment | -/mo

9.12 Acres Lot

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$ 4,000,000

Est. payment | -/mo

Save

9.12 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1927108

Annual Tax Amount $6,013

Lot Size 9.122 Acres

Property Sub-Type Land

Property Description

Prime commercial lot available for sale in the City of Live Oak; behind the intersection of Loop 1604 and Lookout Rd. This is of the last large pieces of undeveloped land in the City of Live Oak. 9.1 acres behind the intersection is available immediately for sale. This land is ideal for Multifamily development and will accomodate 22 units per acre for R-5 zoning (Apartment/Multifamily). Per city of Live Oak, Multifamily housing is allowed in a B-3 zone through a specific use permit or through a rezoning to a planned unit development, the density can be allowed to increase from 22 to 25 units per acre. Additional benefits are that the new owner will get rights to use the 12.1 acre drainage easement next to this site that can be used for hiking trails, greenbelt, and should help with water detention and development. Prospective buyers should retain an independent engineer to verify the location, accessibility and capacity of all utilities. The site is located just minutes from Live Oak Town Center at the high-traffic NE San Antonio intersection of Loop 1604 and IH-35, surrounded by major draws including South Texas' only IKEA, RBFCU, and The Forum at Olympia Parkway. The area features strong demographics with a population of over 200,000 and average household income above $79,000 within a 5-mile radius, along with 110,000+ vehicles per day on Loop 1604 and proximity to top national retailers; the property also includes access to a 12.1-acre easement for recreational use.

Location

State TX

County Bexar

Area 1500

Zoning OCL

Exterior

Utilities Available None

Schools

Elementary Schools Rolling Meadows

Middle Schools Kitty Hawk

High Schools Veterans Memorial

School District Judson

Others

Acceptable Financing Conventional, 1st Seller Carry, Cash, Investors OK

Listing Terms Conventional, 1st Seller Carry, Cash, Investors OK

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Ravpreet Singh • Keller Williams City-View • (210) 849-2175

Schools and Properties Nearby

SCHOOLSPROPERTIES

Elementary Schools 19

10

Crestview Elementary School

Public | PK - 5
8

Fox Run Elementary School

Public | PK - 5
8

School of Science and Technology - Alamo

Public | KG - 8
7

Longs Creek Elementary School

Public | PK - 5
7

Steubing Ranch Elementary School

Public | PK - 5
7

Miller's Point Elementary School

Public | PK - 5
7

Rolling Meadows Elementary School

Public | PK - 5
6

Franz Elementary School

Public | PK - 5
5

Royal Ridge Elementary School

Public | PK - 5
4

Northern Hills Elementary School

Public | PK - 5
4

El Dorado Elementary School

Public | PK - 5
4

Stahl Elementary School

Public | PK - 5
3

Clear Spring Elementary School

Public | KG - 5
3

Windcrest Elementary School

Public | PK - 5
3

Woodstone Elementary School

Public | PK - 5
2

Serna Elementary School

Public | PK - 5
0

San Antonio Country Day Montessori School

Private | PK - 6
0

Dr David M Copeland Elementary School

Public | PK - 3
0

Trinity Christian Academy

Private | KG - 12

Middle Schools 3

6

Harris Middle School

Public | 6 - 8
5

Wood Middle School

Public | 6 - 8
0

Monarch Academy at Morgan's Wonderland

Private | 6 - 12

High Schools 3

9

Judson Early College Academy

Public | 9 - 12
5

Madison High School

Public | 9 - 12
0

Judson Learning Academy

Public | 10 - 12

School and business data provided by Attom Data.

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