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Property Description

Labus Park is a 49.0± acre manufactured housing development opportunity located along Labus Road in Elmendorf / South San Antonio, Texas. Current planning materials support a 360-site manufactured housing program, giving the property meaningful scale within the South Bexar County housing market.

This is not a raw land offering. Ownership has advanced key predevelopment work, including surveying, conceptual planning, site development planning, traffic analysis, stormwater planning, public water planning, detention design, tree mitigation, SWPPP, agency coordination, technical reviews, and platting-related workstreams.

Wastewater remains the principal execution item. Ownership has indicated the wastewater plan has been through multiple regulatory reviews and is pursuing a wastewater treatment plant solution. Other utilities are reportedly in good standing, subject to buyer verification.

The property is being offered at $6,500,000, or approximately $18,056 per planned site. Pricing should be viewed on a planned-site basis, supported by site yield, predevelopment progress, and execution-path clarity — not generic price-per-acre land logic.

Labus Park is best suited for MH developers, land developers, and housing-focused private capital seeking an advanced MH development opportunity with remaining execution upside.

Investment Highlights

Planned Program: 360 manufactured housing sites                                          

Implied Price: ±$18,056 per planned site                                                          

Status: Advanced predevelopment / entitlement progress materially underway

Key Remaining Item: Wastewater                                                                      

Target Buyer: MH developers, land developers, housing-focused private capital

Labus Park

Labus Rd, Elmendorf, Texas 78112

$6,500,000
Basic Details
Status : Available
Price : $6,500,000
Listing Type : Public
Ownership : Fee Simple
Country : United States
City : Elmendorf
Acres : 49
LIPG License : FL - CO1063864
Leisure Investment Properties Group LLC : in cooperation with
Broker : Jennifer Stein Real Estate, Inc.
Broker License : TX - 9012035
Listing Broker Name : Jennifer D. Stein
Listing Broker License : TX - 801052
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Jose Villao
Leisure Investment Properties Group
17539 Darby Lane Tampa, FL 33558
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17539 Darby Lane | Tampa, FL | 33558

(813) 269-1144

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