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12246 State Highway 16 S 4,000 SF Specialty Building Offered at $1,500,000 at a 4.19% Cap Rate in Pipe Creek, TX 78063
Investment Highlights
- 4.858-acre RV park and restaurant site in Texas Hill Country
- 4,000 SF restaurant/bar with spacious beer garden
- Excellent visibility with 11,248 cars/day on Highway 16
- 14 RV slips with separately metered electric and full septic
- Over 40 years of continuous operation and local tradition
Executive Summary
Nestled in the heart of Texas Hill Country, the Roadhouse RV Park and Restaurant offers a rare opportunity to acquire a legacy property with strong cash flow and unmatched character. Spanning nearly 5 acres along State Highway 16 in Pipe Creek, this asset includes 14 RV slips and a spacious 4,000 SF restaurant/bar building with a vibrant beer garden. With over 40 years of local tradition, the Roadhouse is one of the last true roadhouses in the region, serving a community experiencing some of the fastest population growth in the country.
Property Facts
| Price | $1,500,000 | Building Class | C |
| Price Per SF | $375 | Lot Size | 4.85 AC |
| Sale Type | Investment | Building Size | 4,000 SF |
| Cap Rate | 4.19% | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1985 |
| Property Subtype | Trailer/Camper Park |
| Price | $1,500,000 |
| Price Per SF | $375 |
| Sale Type | Investment |
| Cap Rate | 4.19% |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 4.85 AC |
| Building Size | 4,000 SF |
| No. Stories | 2 |
| Year Built | 1985 |
Property Taxes
| Parcel Number | 159977 | Improvements Assessment | $28,150 |
| Land Assessment | $163,850 | Total Assessment | $192,000 |
Property Taxes
Parcel Number
159977
Land Assessment
$163,850
Improvements Assessment
$28,150
Total Assessment
$192,000
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12246 State Highway 16 S
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