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.
Active
Price cut: $29.9K (9/3)
$119,000
7665 Fm 32, Fischer, TX 78623
--beds
--baths
1.18Acres
Unimproved Land
Built in ----
1.18 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Texas hill countryRancho del lago lots
- 94 days
- 13
- 0
Zillow last checked:
Listing updated:
Listed by:
Sylvia Muzzy (866)277-6005,
All City Real Estate Ltd. Co
Source: Central Texas MLS,MLS#: 619822
Originating MLS: Four Rivers Association of REALTORS
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: None
- View description: None
- Body of water: None
Lot
- Size: 1.18 Acres
Details
- Additional structures: None
- Additional parcels included: R46095 & R46096
- Parcel number: 46096
- Zoning description: n/a
Utilities & green energy
- Sewer: Septic Needed
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: None
- Subdivision: Rancho Del Lago 7
HOA
- Has HOA: No
Location
- Region: Fischer
Financial & listing details
- Tax assessed value: $56,340
- Date on market: 7/15/2026
- Cumulative days on market: 95 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Price change | $119,000-20.1% |
Source: | ||
| 8/31/2026 | Price change | $148,900-0.1% |
Source: | ||
| 6/25/2026 | Listed for sale | $149,000+56.8% |
Source: | ||
| 5/16/2025 | Listing removed | $95,000 |
Source: | ||
| 5/5/2025 | Listed for sale | $95,000 |
Source: | ||
| 4/14/2025 | Listing removed | $95,000 |
Source: | ||
| 5/6/2024 | Price change | $95,000-5% |
Source: | ||
| 2/6/2024 | Price change | $100,000-50% |
Source: | ||
| 12/20/2023 | Listed for sale | $200,000+471.4% |
Source: | ||
| 10/20/2020 | Sold | -- |
Source: | ||
| 9/4/2020 | Pending sale | $35,000 |
Source: Exit Realty-New Braunfels #401522 Report a problem | ||
| 2/6/2020 | Listed for sale | $35,000 |
Source: Exit Realty-New Braunfels #401522 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $56,340 |
| 2025 | $845 +1.8% | $56,340 |
| 2024 | $830 -1.2% | $56,340 |
| 2023 | $840 -11.4% | $56,340 |
| 2022 | $948 +157.9% | $56,340 +175% |
| 2021 | $368 +18% | $20,490 +17.7% |
| 2020 | $312 +17% | $17,410 +21.4% |
| 2019 | $266 +51.5% | $14,340 +55.5% |
| 2018 | $176 | $9,220 +5.4% |
| 2017 | -- | $8,750 -5.1% |
| 2016 | $173 -35.7% | $9,220 -10% |
| 2015 | $269 | $10,240 -28.6% |
| 2014 | $269 | $14,340 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 78623
Nearby schools
Schools provided by the listing agent
- Elementary: Rebecca Creek
- Middle: Mountain Valley Middle School
- High: Canyon Lake High School
- District: Comal ISD
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








