This a residential lot subdivision that was never completed. A great redevelopment opportunity. The original land developer platted 141 lots. 22 lots have sold and 29 are in high and moderate FEMA flood zones.97 lots are the net usable number as some lots that sold were in flood zones. All lots are in the Sky Valley subdivision with metes and bounds. Civil engineering plans are available to review. The Seller is motivated and willing to consider creative transactions including property trades.
From I-10 take Highway 46 south cross over the Guadalupe River on the right or west side of Hwy 46 will see the entrance.
The approximate monthly Principal & Interest payment for this property would be $5,900. This payment is based on a 30-year loan at a fixed rate of 4.46 % with a down payment of $130,000. Actual lender interest rates and loan programs may vary.
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