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.
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
- 14 days
- on Zillow |
- 26 |
- 0 |
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#: 1892000
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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