NA PR 2771

Mico, TX 78056
$500,000
6 beds | 6 baths | 2.00 acres | #1823861

Description

Incredible Opportunity, with Owner-Finance Available. Unfinished 6,400 SqFt Luxury Home with Stunning Hill Country Views This is a rare opportunity to complete your dream home in one of the most desirable gated communities near Medina Lake, just minutes from San Antonio's Northwest side. Set on a spacious 2-acre lot with panoramic views of the Texas Hill Country, this property offers the potential to create a luxurious, custom estate with substantial built-in equity. The home is currently in the exterior finish stage, with major construction milestones already completed. The property has been roughed in, including plumbing, electrical, AC, and insulation, and the roof is in place. All windows are installed, and the sheetrock stage has been reached. With approximately $500K required to complete the home, this presents a prime opportunity for an individual homeowner or investor to finish the project and realize significant upside potential. Spanning 6,400 square feet, this expansive home features 5 bedrooms and 5 bathrooms, including a complete mother-in-law or guest suite-perfect for multi-generational living, guests, or rental potential. The layout offers open spaces for entertainment,a large kitchen, and luxurious living areas, all designed to take full advantage of the breathtaking views the surrounding Hill Country. Comparable homes in the area have sold for around $1.5 million, and this property offers more square footage nearly 1,000 square feet larger providing exceptional value for the buyer with vision. Whether you're an investor looking for a lucrative project or a homeowner who wants to personalize and finish a luxury estate, this property is the perfect canvas to create a stunning residence that will have substantial built-in equity. Located in an upscale, gated community, the property offers peace, privacy, and exclusivity, all while being just a short drive from the amenities of San Antonio. This is an ideal opportunity for anyone looking to finish a home that combines the charm of the Texas Hill Country with modern luxury. Detailed plans, video and more pics are available upon request.
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  • Property Details
      • Bedrooms:6
      • Bathrooms:6
      • Full Baths:6
      • Pool:N
      • Acres:2
      • Property type:Purchase
      • Style:Two Story
      • Year built:2023
      • Subdivision:SUMMIT RIDGE
      • School district:Medina Valley I.S.D.
      • Elementary School:Medina Valley
      • Middle School:Medina Valley
      • High School:Medina Valley
      • MLS #:1823861
      • Cost:500000
      • Property subtype:Single Family Detached
      • MLS #:1823861

Location

Dana Phillips Premier TeamPhillips & Associates Realty
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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