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Selma, TX Multifamily Home for Sale

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  • 16800 Lookout Rd, Selma, TX 78154
    16800 Lookout Rd, Selma, TX 78154
    16800 Lookout Rd, Selma, TX 78154
    /9

    $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
Texas Selma

Multi-Family Homes & Duplexes for Sale in Selma, TX

About Selma

Located just outside of San Antonio, Selma has a history that takes it from a stagecoach stop to the city it is today. Ideally situated along the I-35/San Antonio corridor, Selma lets residents enjoy the big city without the crowds and traffic. “Selma continues to grow as a city, especially with its recent expansion of the I-35 opening up its accessibility to the surrounding areas,” says Kristen Galloway, a longtime resident of San Antonio. “A lot of new homes are also being built there, including townhouses and condos for people who want to ow ...

Learn more about living in Selma

Home Trends in Selma, TX

On average, homes in Selma, TX sell after 90 days on the market compared to the national average of 47 days. The average sale price for homes in Selma, TX over the last 12 months is $336,034, down 8% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)
$310,000
Median Single Family Price
$322,450
Average Price Per Sq Ft
$166
Number of Homes for Sale
27
Last 12 months Home Sales
98
Months of Supply
3.30
Median List Price
$345,000
Median Discount From 1st List Price
4%
Median Home Sale Price YoY Change
-6%
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