About 481 Blue Bill Cove
Just minutes from Lake Medina, this 5.7+ acre tract already has 45 platted single-family lots ready for your vision. Seller is motivated and open to Owner Financing. The existing plat can be reconfigured quickly and affordably, allowing for multiple development strategies and compliance with septic requirements. A commercial water option is available for those looking to maximize density or create an STR-friendly community. Property also has an additional: 900 sq. ft., 2 bed / 2 bath spec home on 2 lots is already 85% complete, giving you an immediate head start as a model home, short-term rental, or first sale. This is a rare bulk purchase opportunity for builders and developers to control the pace, phase releases, and create their own community. No individual or small-lot sales. Buyer to verify all measurements, utilities, and development requirements.
Features of 481 Blue Bill Cove
| MLS® # | 1892000 |
|---|---|
| Price | $299,000 |
| Remarks | $Just minutes from Lake Medina, this 5.7+ acre tract already has 45 platted single-family lots ready for your vision. Seller is motivated and open to Owner Financing. The existing plat can be reconfigured quickly and affordably, allowing for multiple development strategies and compliance with septic requirements. A commercial water option is available for those looking to maximize density or create an STR-friendly community. Property also has an additional: 900 sq. ft., 2 bed / 2 bath spec home on 2 lots is already 85% complete, giving you an immediate head start as a model home, short-term rental, or first sale. This is a rare bulk purchase opportunity for builders and developers to control the pace, phase releases, and create their own community. No individual or small-lot sales. Buyer to verify all measurements, utilities, and development requirements. |
| Acres | 2.18 |
| Type | Land |
| Status | Active |
| Housing Type | Residential Lot |
Community Information
| Address | 481 Blue Bill Cove |
|---|---|
| Area | 2400 |
| Subdivision | MORGAN HEIGHTS |
| City | Lakehills |
| County | Bandera |
| State | TX |
| Zip Code | 78063 |
Amenities
| Utilities | Water System, Electric |
|---|---|
| View | Lake Medina |
| Is Waterfront | Yes |
| Pool On Property | No |
Exterior
| Lot Features | Undeveloped, Improved, Wooded, Irregular, Partial Cleared |
|---|
School Information
| District | Bandera Isd |
|---|---|
| Elementary | Hill Country |
| Middle | Bandera |
| High | Bandera |
Additional Information
| Date Listed | August 12th, 2025 |
|---|---|
| Days on Market | 63 |
| Zoning | RESIDENTIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Scott Malouff |
|---|---|
| Office | Keller Williams Heritage |