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$487,500

NA PR 2771, Mico, TX, 78056

Off MarketInfo
Beds6 Beds
Baths6 Bath
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market List

About this property

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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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,925 /month
Positive
Cash Flow Estimate:
$975 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$450/month
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mico

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NA PR 2771 | Property Details | No Agent List