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Selma, TX Multifamily Home for Sale

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    $4,500,000

    • 17,100 Sq Ft

    16800 Lookout Rd, Selma, TX 78154

    With a brand new hospital being built just across the street, this partially-complete MF development is packed with potential. Entitled property. Utilities already on site. Original design plan included 34 townhomes + a clubhouse. 8 of those units have been built out but need major updating. Potential to scratch original design and re-work property for better use. Easy access to I35 & Loop 1604.

    Amanda Mercer Real Broker, LLC

    16800 Lookout Rd, Selma, TX 78154

Why Live in Selma

Selma, Texas, located just outside of San Antonio, offers residents a blend of suburban tranquility and easy access to urban amenities. The city is situated along the I-35/San Antonio corridor, enhancing its connectivity to surrounding areas. Selma features a variety of home styles, including one and two-story houses with brick, stone, and vinyl façades, as well as modern condos and townhouses with attached garages. The community is served by highly rated schools, such as Garden Ridge Elementary School and Canyon High School, where students can earn college credits through AP and dual credit courses. For things to do, Retama Park hosts live horse racing and the annual Big Texas Fun carnival, while Selma Stage Stop Park offers playgrounds, sports courts, and picnic areas. Shopping and dining are abundant at The Forum at Olympia Parkway, which includes major retailers and a variety of restaurants. Selma also hosts several community events throughout the year, such as Movie-in-the-Park and Santa at the Stage Stop, fostering a strong sense of community. Access to major highways like I-35 and Loop 1604 makes commuting convenient. Residents can stay informed through the Selma City Magazine and the city's social media pages.

Home Trends in Selma, TX

Housing Trends

Median Sale Price
$418,000
Median Single Family Sale Price
$422,000
Average Price Per Sq Ft
$188
Number of Homes for Sale
12
Last 12 months Home Sales
59
Months of Supply
2.40
Median List Price
$425,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-4%
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