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Lot/land
  • $475,000

    481 Blue Bill Cove LOT 5-7, Lakehills, TX 78063

    --beds
    --baths
    2.18Acres
    Unimproved Land
    Built in ----
    2.18 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Minutes from lake medina
    Just minutes from Lake Medina, this 5.7+ acre tract already has 45 platted single-family lots ready for your vision. Seller is motivated and open to Owner Financing. The existing plat can be reconfigured quickly and affordably, allowing for multiple development strategies and compliance with septic requirements. A commercial water option is available for those looking to maximize density or create an STR-friendly community. Property also has an additional: 900 sq. ft., 2 bed / 2 bath spec home on 2 lots is already 85% complete, giving you an immediate head start as a model home, short-term rental, or first sale. This is a rare bulk purchase opportunity for builders and developers to control the pace, phase releases, and create their own community. No individual or small-lot sales. Buyer to verify all measurements, utilities, and development requirements.
    14 days
    on Zillow
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    26
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    Zillow last checked: 7 hours ago

    Listing updated: August 25, 2025 at 01:53pm

    Listed by:

    Scott Malouff TREC #658231 (210) 365-6192,

    Keller Williams Heritage

    Source: LERA MLS,MLS#: 1892000MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Hills
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, Unimproved Water Front
    • Body of water: Lake Medina
    • Frontage length: 0
    Lot
    • Size: 2.18 Acres
    • Features: Wooded, Irregular Lot, Partial Cleared, Corner Lot, Sloped
    • Topography: Sloping,Hilly,Rocky
    • Residential vegetation: Many Trees
    Details
    • Parcel number: 15400000040050
    • Zoning description: RESIDENTIAL

    Utilities & green energy

    • Sewer: Septic System: Allowed
    • Water: Water System, Water on Site
    • Utilities for property: Water Available, Electricity Available, Water Connected, Electricity Connected

    Community & HOA

    Community
    • Features: Other - See Remarks
    • Subdivision: Morgan Heights
    Location
    • Region: Pipe Creek

    Financial & listing details

    • Annual tax amount: $1,480
    • Price range: $475K - $475K
    • Date on market: 8/12/2025
    • Listing terms: Conventional,Cash
    • Electric utility on property: Yes
    • Road surface type: Unimproved, Paved
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