$4,500,000

16800 Lookout Rd Selma, TX 78154

17,100 sqft
3.1 acres
$263 / sqft
Multi-Family

Property details

About 16800 Lookout Rd

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. High traffic road with high visibility.

Highlights

Home typeMulti Family
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size17,100 sqft
Lot size3.13 Acres
Year built2010
ParkingPad
MLS #1837616

Summary

  • Appliances: Other
  • Flooring Type: Other
  • Parking: Pad
  • Exterior: Patio Slab, Covered Patio
  • Heating: Central, Electric
  • Cooling: Central Air
  • List Price: $4,500,000
  • Price/SqFt: $263
  • Directions: From 1604W, exit Lookout rd and turn right. Property is located on right hand side of road.
  • Year Built: 2010
  • Living Area: 17,100 SqFt
  • Lot Size: 3.13 Acres
  • MLS Number: 1837616
  • Office Name: Real
  • Office Phone: (210) 317-9989
  • Office Email: amanda@p31venture.com
  • Listing Agent: Amanda Mercer

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The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.
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Last updated on: 6/17/2025, 7:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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16800 Lookout Rd, Selma, TX 78154 - view of community / neighborhood sign

$4,500,000

16800 Lookout Rd

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Price information

Property sales

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Tax history

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Nearby schools

7

Paschal Elementary School

Public District PK-4

1.6 mi

590 Savannah Dr

6

Wilder Intermediate School

Public District 5-6

1.6 mi

806 Savannah Dr

5

Green Valley Elementary School

Public District PK-4

2.2 mi

1694 Green Valley Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,585. Most Selma, TX residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
65%
35k-100k
22%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
11%
Single, with Kids
22%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Continuing Education CoursesContinuing Education Courses
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • QdobaQdoba
  • SonicSonic
  • Boston MarketBoston Market

What do the neighbors drive?

  • InfinitiInfiniti
  • VolkswagenVolkswagen
  • VolvoVolvo

What do the neighbors listen to?

  • Active RockActive Rock
  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Frequently asked questions

About 16800 Lookout Rd

The listing price of 16800 Lookout Rd property is $4,500,000.

The property 16800 Lookout Rd is a multi located in Selma, Texas, 78154.

Active Listing: 16800 Lookout Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 16800 Lookout Rd are: Paschal Elementary School (GreatSchools Rating 7/10), Wilder Intermediate School (GreatSchools Rating 6/10), Green Valley Elementary School (GreatSchools Rating 5/10), Great Hearts Live Oak (GreatSchools Rating 6/10), Dobie Junior High School (GreatSchools Rating 6/10), Danville Middle School (GreatSchools Rating 6/10), Veterans Memorial High School (GreatSchools Rating 3/10), Clemens High School (GreatSchools Rating 6/10), Judson Learning Academy (GreatSchools Rating 1/10).

The property 16800 Lookout Rd is 17,100 SqFt (source: MLS/tax record).

The year of construction for 16800 Lookout Rd is 2010.

This home is located at 16800 Lookout Rd in Selma, TX and zip code 78154. This 17,100 square foot home, which was built in 2010, sits on a 3.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $4,500,000.

In May 2025, from all listings sold in Selma, TX there were more than 3 sold above asking price, over 8 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Selma, TX between April and May 2025 increased by 14.8%. In May 2025, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $302,000.

From Rocket Homes Real Estate and based on county public records data.

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