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Zoned Flex Multifamily Development Site
For Sale
$475,000

105 West 4th Street, Keene, TX 76059

City-limited lot currently zoned SF-2 with previously approved civil plans for a 32-unit multifamily project.

Property Size88,252 SF
Price / SF$5.38
Days on Market449

Property Features for 105 West 4th Street

General Information

Standard status Active
Size 88,252 SF
Property subtype Lots & Acreage / Unimproved Land
Zoning SF-2

Additional Details

Multifamily Units 32

Amenities

No
Listing Agency: Airstream Realty LLC
Listed By: Michael Smith · License #0635303
Source: Compass
Added: Jun 17, 2025 Changed: Sep 8 Last Checked: Sep 8 at 4:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Airstream Realty LLC

Investment Insights

Based on property information with market context.

This development site is currently zoned SF-2 and is located within the City of Keene. The property has previously city-approved civil plans for a 32-unit multifamily apartment development totaling 56 bedrooms.

The seller notes a flexible ownership approach and is willing to cover or credit permit re-approval costs, subject to re-approval. The project team indicates the site may be suited for a range of multifamily and mixed-use concepts, including townhomes and senior living, alongside other potential development directions.

Prospective buyers should review the existing SF-2 zoning and the prior civil plan approvals, as well as any permitting requirements for re-approval.

Key Highlights

  • City‑limited lot in Keene, currently zoned SF‑2
  • Previously city‑approved civil plans for a 32‑unit multifamily apartment development
  • Planned unit mix totals 56 bedrooms for the 32‑unit multifamily concept

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Building Supply Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32
Residential units

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby

Demographics for 76059, TX

4,928
Population
2,100
Households
2.3
Avg Household Size
34
Median Age
28%
College-Educated
83%
High-School Grad
2.5 sq mi
ZIP Area
1,971
Density / Sq Mi
$50,000
Median Household Income
$32,614
Median Earnings
$939
Median Rent
$223,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - City-limited lot currently zoned SF-2 with previously approved civil plans for a 32-unit multifamily project.
Where is this residential land & home lot located?
The property is located at 105 West 4th Street Keene, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: City‑limited lot in Keene, currently zoned SF‑2; Previously city‑approved civil plans for a 32‑unit multifamily apartment development; Planned unit mix totals 56 bedrooms for the 32‑unit multifamily concept
More about this property
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