$8,000,000
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0000 WT MONTGOMERY San Antonio, TX 78252
327 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1636172
Sold Date 07/22/24
Lot Size 327.000 Acres
Acres 327.0
Property Sub-Type Commercial Land
Property Description
Straus Ranch. Unique residential development opportunity. 53 acres +/- within the F.E.M.A special flood hazard area. The property will be conveyed with the following restrictions: (i) no quarrying, and (ii) 40% of the property will be set aside as conservation area not to be developed, and only 1/2 of said conservation area can come from the flood plain. The property conveys with 18 acre feet per annum of Edwards Aquifer Authority irrigation rights. Buyer is encouraged to develop joint access with adjoining San Antonio River Authority tract. Historic Cemetery located on the property. This unique property along the Medina River offers the opportunity for several potential uses. The combination of cleared and level land with the park-like Medina River frontage would allow for the development of an exceptional residential community. Mature oak, pecan, and cypress trees are abundant along the river basin. The river basin has the potential for use as an exclusive community park and would be an outstanding feature of a residential development.
Location
State TX
County Bexar
Area 2304
Zoning OCL
Exterior
Utilities Available Electricity, Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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