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502 S School St - Boerne 12 Paper Lots - shovel ready 5.64 Acres of Residential Land Offered at $1,590,000 in Boerne, TX 78006



INVESTMENT HIGHLIGHTS
- 12 paper lots, fully engineered and approved by City of Boerne
- Small enclave community, perfect for a custom builder
- 0.5 mile walk to Boerne Main Street
EXECUTIVE SUMMARY
A fabulous opportunity for a Builder to control their own destiny with a small enclave single family development 1/2 mile from Boerne Main Street. Develop these fully approved paper lots into finished lots and sell to individuals to build their custom homes, or build and sell homes directly to homebuyers.
PROPERTY FACTS
| Price | $1,590,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Bulk/Portfolio Sale | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 5.64 AC |
| Zoning | R1-M - Medium-Density Residential (7,800 SF minimum lot size, 65' wide) | ||
| Price | $1,590,000 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 5.64 AC |
| Zoning | R1-M - Medium-Density Residential (7,800 SF minimum lot size, 65' wide) |
1 LOT AVAILABLE
Lot
| Price | $1,590,000 | Lot Size | 5.64 AC |
| Price Per AC | $281,914.89 |
| Price | $1,590,000 |
| Price Per AC | $281,914.89 |
| Lot Size | 5.64 AC |
12 paper lots, fully engineered and approved by City of Boerne. The project is shovel ready to develop 12 single family lots.
DESCRIPTION
Fully entitled and approved engineering plans by City of Boerne for 12 single family development. Seller has bids from three site contractors to construction the site into finished lots.
PROPERTY TAXES
| Parcel Number | 14414 | Improvements Assessment | $0 |
| Land Assessment | $1,763,640 | Total Assessment | $1,763,640 |
PROPERTY TAXES
Parcel Number
14414
Land Assessment
$1,763,640
Improvements Assessment
$0
Total Assessment
$1,763,640
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502 S School St - Boerne 12 Paper Lots - shovel ready
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