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Investment Highlights

  • Planned Program: 360 manufactured housing sites
  • Target Buyer: MH developers, land developers, housing-focused private capital
  • Key Remaining Item: Wastewater
  • Status: Advanced predevelopment / entitlement progress materially underway
  • Implied Price: ±$18,056 per planned site

Executive Summary

Labus Park is a 49.0± acre manufactured housing development opportunity located along Labus Road in Elmendorf / South San Antonio, Texas. Current planning materials support a 360-site manufactured housing program, giving the property meaningful scale within the South Bexar County housing market.
This is not a raw land offering. Ownership has advanced key predevelopment work, including surveying, conceptual planning, site development planning, traffic analysis, stormwater planning, public water planning, detention design, tree mitigation, SWPPP, agency coordination, technical reviews, and platting-related workstreams.
Wastewater remains the principal execution item. Ownership has indicated the wastewater plan has been through multiple regulatory reviews and is pursuing a wastewater treatment plant solution. Other utilities are reportedly in good standing, subject to buyer verification.
The property is being offered at $6,500,000, or approximately $18,056 per planned site. Pricing should be viewed on a planned-site basis, supported by site yield, predevelopment progress, and execution-path clarity — not generic price-per-acre land logic.
Labus Park is best suited for MH developers, land developers, and housing-focused private capital seeking an advanced MH development opportunity with remaining execution upside.

Property Facts

Price $6,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Industrial
Total Lot Size 49.40 AC

1 Lot Available

Lot

Price $6,500,000
Price Per AC $131,592.27
Lot Size 49.40 AC
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
04010-000-0116
Land Assessment
$545,140
Improvements Assessment
$65,340
Total Assessment
$610,480
  • Listing ID: 40582402

  • Date on Market: 5/19/2026

  • Last Updated:

  • Address: 5809 Labus Rd, Elmendorf, TX 78112

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