For sale

$3,900,000

16800 Lookout Rd, Selma, TX 78154

3beds

17,100sqft

$27,785/mo

Get pre-qualified

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.

546 days

210

8

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: 547 days
Listing terms: 1st Seller Carry,Cash,Investors OK
Total actual rent: 0

Estimated market value

Not available

Estimated sales range

Not available

$1,609/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

Public tax history

Year	Property taxes	Tax assessment
2025	$494 -3.1%	$28,670
2024	$510 0%	$28,670
2023	$510 +24.4%	$28,670 +37.4%
2022	$410 +51.3%	$20,860 +65.6%
2021	$271	$12,600 -6%
2020	$271 -10.2%	$13,400 +2.3%
2019	$301	$13,100 +4.8%
2018	$301	$12,500

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified