Approximately 16.68 acres of prime land ideally located along the north side of Highway 46, between Highway 281 and FM 3159. The property sits near Smithson Valley High School and is just minutes from the Highway 281/46 intersection and the growing Singing Hills Development, placing it in the path of strong growth. The site offers approximately 518 feet of frontage on Highway 46, providing excellent visibility and access. It is well suited for an owner/user, redevelopment opportunity, or a long-term buy-and-hold investment. The property is located outside city limits and is unrestricted, while still falling within the Bulverde ETJ. Improvements include three existing homes totaling approximately 4,993 square feet (1,948 SF, 1,425 SF, and 1,620 SF), along with multiple garages and storage sheds, offering interim income or flexible use during future development.