Marcus & Millichap is pleased to present Canyon View @ Tapatio Springs, a single family development opportunity overlooking the Tapatio Springs Hill Country Resort. The 370 acre tract has it all from elevated plateaus to dramatic valleys to gently rolling terrain. The Property has its agricultural exemption in place for property taxes allowing for an inexpensive carry costs should a buyer wish to land bank. If the goal is to commence development, buyers are able to continue the process of getting the existing 220 lot development plan approved or they are free to pursue their own design plan.

Besides the spectacular views and development positioning, the Property also offers great locational attributes with I-10 less than 4 miles away with Boerne 10 minutes away and San Antonio just 20 minutes away. If equestrian is your thing, the Property offers horse trails through out, is adjacent to Stricker Trail Rides and is roughly 2.5 miles from the Double Diamond Equestrian Center. Additionally, Seller is in the process of acquiring horses which would convey with the property to help maintain the agricultural exemption until a buyer is ready to commence development. Since 2010, the population has grown 22% within the 5 mile radius around the Property with the current average household income at $137,927 within 1 mile of the Property. Based on the current pricing and the projected growth rate for the San Antonio MSA and more specifically the Boerne area, Canyon View will continue a highly viable and desirable residential development opportunity.