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$149,000 Just Listed
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Property Description
Both lots are being sold together for the listed price, offering a rare 1.18-acre multifamily development opportunity in the Texas Hill Country along FM 32 in Fischer, TX. Located at 7671 FM 32 (Lot 6) and 7665 FM 32 (Lot 7), these Rancho Del Lago lots are approved for multifamily development and allow for a duplex, triplex, or fourplex on each lot, creating the potential for up to 8 total rental units. Investors, builders, and developers will appreciate that much of the preliminary work has already been completed. Sellers have site plans, foundation engineering, and duplex plans available for review by qualified buyers with proof of funds. Modular construction is welcome. Conveniently located less than 4 minutes from Canyon Lake High School, the property offers strong appeal for future tenants seeking proximity to local schools, employment centers, and Canyon Lake amenities. City water is available with taps on site. Septic systems will be required; estimates are available upon request. Looking for a turnkey building solution? The sellers are also available to build to suit on a cost-plus basis with the purchase of the property, providing flexibility for investors seeking a streamlined path from acquisition to construction. Opportunities for multifamily development in this location are limited. Secure both lots and take advantage of the planning work already completed.
Full Property Details
Full Property Details for 7665 Fm 32
General
- Price: $149,000
- Status: Active
- Type: Land Residential
- Source: Central_Texas_MLS
- MLS ID: 619822
- Updated: 7/17/2026
- Added to Site: 2 day(s) ago
Location
- County: Comal
- Subdivision: Rancho Del Lago 7
- Driving Directions: From San Antonio, take Exit 191 toward 306/Canyon Lake; merge onto N IH 35 frontage rd; turn right onto FM 3424 N; turn left onto FM 32. The entrance is a gravel sloped entrance directly off of FM 32.
School Information
- Elem School District: Comal ISD
- Midd School District: Comal ISD
- High School District: Comal ISD
- Elementary School: Rebecca Creek
- Middle School: Mountain Valley Middle School
- High School: Canyon Lake High School
Utilities
- Sewer: Septic Needed
- Utility Description: Electricity Available
Structural Information
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 1.18
- Fencing (Description): None
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial, Building Plans, Deed Restriction, Survey
- Legal Description: RANCHO DEL LAGO PHASE 7, LOT 7
- Disclosures/Rstr.: Familial Relation
- Property ID: 46096
- Lot Number: 7
Listed by All City Real Estate Ltd. Co
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Price & Sales History for 7665 Fm 32
Date
Details
Price
Change
Source
7/15/2026
Listed
$149,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7665 Fm 32
Year
Property Taxes
Change
Tax Assessment
Change
2025
$845
1%
$56,340
—
2023
$840
-11%
$56,340
—
2022
$948
158%
$56,340
175%
2021
$368
18%
$20,490
18%
2020
$312
77%
$17,410
89%
2018
$176
-34%
$9,220
-36%
2019
$266
61%
$14,340
64%
2017
$165
-5%
$8,750
-5%
2016
$173
-10%
$9,220
-10%
2015
$192
-29%
$10,240
-29%
2014
$269
-1%
$14,340
—
2013
$273
—
$14,340
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7665 Fm 32
7665 Fm 32, Fischer, TX 78623 (MLS# 619822) is a Land Residential property with a lot size of 1.18 acres. 7665 Fm 32 is currently listed for $149,000 and was received on July 15, 2026. Want to learn more about 7665 Fm 32? Do you have questions about finding other Land Residential real estate for sale in Fischer? You can browse all Fischer real estate or contact a Coldwell Banker agent to request more information.

