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WT MONTGOMERY
San Antonio, TX 78252
$8,000,000
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.
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Type: Commercial Property
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Year Built: Unknown
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Lot Size: 327 Acres
Property Details
- Status:Contract Pending
- Type:Commercial Property
- MLS #:1636172
- Year Built:Unknown
Community Information
- Address:WT MONTGOMERY San Antonio, TX 78252
- County:Bexar
- City:San Antonio
- Zip Code:78252
Property Features
- Restrictions:Deed, Historical
- Utilities Available:Electricity, Sewer
- Utilities on Site:Electricity, Sewer
- Road Frontage:County
Tax and Financial Info
- Proposed Terms:Cash, Conventional
- Available Documents:Survey, Aerial Photo
$8,000,000
© 2023 Lone Star Real Estate. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lone Star Real Estate. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. Information provided is deemed reliable but not guaranteed. Listing Courtesy of Dennis Cano with Cano & Company.