$849,000

17898 Scenic Loop

Grey Forest TX, 78023

Description

Here is a very special property, with strategic location on the Scenic Loop, next door to the City of Grey Forest, with no city taxes. This property is suitable for residential, commercial & resort use, with potential for profitable development. An old home with stone walls, on 3.1 acres, is being renovated & expanded. The owner's present plans now call for a 4 bedroom, 3 & 1/2 bath finished product of about 2,900 square feet, subject to change without notice. However, this structure could also be used for commercial purposes, & the additional land flanking the building could be developed, since virtually no services are available within the city limits. The property has great visibility, with more than 800 feet of frontage on the Scenic Loop. There is more than 890 feet of flowing, spring fed creek, with native bass & perch, at the rear of the property, lined with lush growth including mature oaks. At this point, a buyer can participate in decisions about finish-out, landscaping, and future use of the property. This is a very unique opportunity for a knowledgeable investor. Disclosure: One of the owners is a licensed real estate broker.

Details

MLS#1453082
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPrice Change
YearU
Days On Site312

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet2,900
Story(s)One Story
Acreage3.10
Property ViewYes

Market Activity 78023

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Area Information
StateTX
CountyBexar
CityGrey Forest
Zip Code78023
Area1001
Community Namegrey forest
School DistrictNorthside
Elementary SchoolHelotes
Middle SchoolHector Garcia
High SchoolOconnor
Listing VS Median (in grey forest)
Price:
$849,000
low | high
Med:
$572,500
82.567726737338% of Average
SqFt:
2,900
low | high
Med:
2,920
49.310344827586% of Average
$ / SqFt:
$293
low | high
Med:
$197
82.780829722654% of Average
On Site:
312
low | high
Med:
100.500000
100% of Average
Sourced by Back At You
Listing Updated: March 1, 2021 8:11:12 PM PST
Joseph Bacchetta LogoMLS Number: 1453082
Listing Provided By:
Joseph Bacchetta  of  Bacchetta Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the San Antonio Board of Realtors