16800 LOOKOUT RD, Selma, TX 78154

Building Details

Year built

2010

Listing agent Amanda Mercer Show Phone

Listing office Real Broker, LLC t***@joinreal.com 2626 Cole Avenue, Houston, TX Show Phone

Listing date Mar 25, 2026

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MLS# 1837616 Listing URL

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Overview

This partially-complete multifamily development is located in Selma, Texas. The 3.13-acre property is entitled and has utilities already on site. The original design plan included 34 townhomes and a clubhouse. Eight of the units have been built but require major updating. The property offers the potential to rework the original design for better use. It provides easy access to I35 and Loop 1604. The property is situated on a high-traffic road with high visibility. A new hospital is under construction across the street from the property.

Map

City

Selma

County

Guadalupe

State

Texas

Longitude

-98.314417

Latitude

29.59205

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FAQs

What type of property is this?

Commercial land - Partially complete multifamily development with high potential in Selma, TX.

Where is this commercial land located?

The property is located at 16800 LOOKOUT RD Selma, TX.

What is the asking price?

The asking price for this property is $3,900,000.

What are key features of this property?

This property features: Entitled property with utilities already on site; High visibility location with easy access to I35 & Loop 1604; Potential to re‑work property design for better use