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5396 US-281 - US Hwy 281 Commercial Development Site – ±7.4 7.4 Acres of Commercial Land Offered at $2,550,000 in Burnet, TX 78611

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Investment Highlights

  • ±7.4 AC commercial site
  • 50’ concrete commercial drive, 20’ asphalt commercial drive
  • Water / sewer / power / fiber onsite, 3-phase power available
  • ~890’ US-281 frontage
  • Pool & pavilion income producing, Two yard leases in place
  • Zoned C-3 / C-1

Executive Summary

Property Overview
Offered for sale is a prime ±7.4-acre commercial property located along US Highway 281 in Burnet, Texas, consisting of parcel IDs 113184 and 58015. This highly visible site features approximately 890 feet of highway frontage and is positioned along one of the region’s most heavily traveled north–south corridors, providing outstanding exposure and access.
The property is fully improved with commercial-grade infrastructure, utilities, and access, making it well suited for immediate development, investment, or owner-user occupancy.
Site & Infrastructure
The property benefits from substantial existing improvements, including a 50-foot-wide commercial concrete driveway and a 20-foot-wide commercial asphalt driveway, providing excellent ingress, egress, and circulation for passenger vehicles, delivery traffic, and commercial operations.
All major utilities are available on site, including water, sewer, power, and fiber. Three-phase electrical service and fiber easements are in place, supporting industrial, medical, institutional, and technology-driven users. A north access easement road is already constructed, further enhancing internal circulation and future development potential.
The entire property is fully fenced and secured, with a current land survey and geotechnical survey available for buyer review.
Zoning & Development Potential
The site is zoned C-3 and C-1, allowing for a broad range of commercial, retail, office, medical, light industrial, service, and mixed-use applications. This flexible zoning framework supports both single-user occupancy and multi-tenant development concepts.
A replat will be required for certain development configurations, providing buyers the opportunity to customize lot layouts and maximize site utilization.
Improvements & Income
The property includes an existing ±2,223 SF building previously configured for office and professional use, which is currently vacant and available for lease or owner-user occupancy.
In addition, the site currently generates income through:
• Two active yard leases
• One building lease (currently vacant)
• Pool and pavilion facilities producing supplemental income
These revenue streams provide immediate cash flow while supporting long-term redevelopment or repositioning strategies.
Location & Market Position
Situated on US Highway 281, the property enjoys direct connectivity to Burnet, Marble Falls, Lampasas, and the greater Highland Lakes region. The corridor serves as a major commuter and commercial route, supporting consistent traffic counts and strong regional visibility.
Surrounding development includes commercial, institutional, residential, and service-oriented uses, creating a stable and growing trade area.
Investment & Owner-User Opportunity
This offering presents a rare opportunity to acquire a large, infrastructure-ready commercial site with substantial frontage, multiple access points, flexible zoning, and existing income.
Ideal for:
• Owner-users seeking a flagship location
• Developers planning multi-tenant or mixed-use projects
• Investors pursuing stabilized or value-add assets
• Contractors, medical groups, schools, or service providers requiring yard and building space
With utilities in place, established access, and entitlement groundwork completed, this property significantly reduces development timelines and capital requirements.
Pricing
Offered at $2,550,000, representing an exceptional opportunity to acquire one of Burnet’s most versatile commercial sites with immediate income and long-term upside.

Financial Summary (Actual - 2025)

Annual Annual Per AC
Gross Rental Income - -
Other Income $25,000 $3,378.38
Vacancy Loss - -
Effective Gross Income $25,000 $3,378.38
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual -
Annual Per AC -
Other Income
Annual $25,000
Annual Per AC $3,378.38
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $25,000
Annual Per AC $3,378.38
Net Operating Income
Annual -
Annual Per AC -

Property Facts

Price $2,550,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Auto Dealership
  • Auto Repair
  • Auto Salvage Facility
  • Bank
  • Bar
  • Baseball Field
  • Bowling Alley
  • Carwash
  • Cement or Gravel Plant
  • Contractor Storage Yard
  • Convenience Store
  • Correctional Facility
  • Daycare Center
  • Department Store
  • Distribution
  • Drugstore
  • Fast Food
  • Food Processing
  • Garden Center
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Industrial Park
  • Lodge or Meeting Hall
  • Lumberyard
  • Medical
  • Motel
  • Movie Theater
  • Movie, Radio or Television Studio
  • Neighborhood Center
  • Office Park
  • Open Space
  • Planned Unit Development
  • Public Library
  • Public Park
  • Public Swimming Pool
  • Research and Development
  • Radio or Television Transmission Facility
  • Recycling Center
  • Refrigeration or Cold Storage
  • Regional Mall
  • Rehabilitation Center
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Schools
  • Self Storage
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
  • Theater or Concert Hall
  • Truck Stop
  • Truck Terminal
  • Utility Substation
  • Veterinarian or Kennel
  • Warehouse
Total Lot Size 7.40 AC
Zoning C1/C3 - Light to Heavy Commercial https://library.municode.com/tx/burnet/codes/code_of_ordinances?nodeId=COOR_CH118ZO

1 Lot Available

Lot A1018,S547

Price $2,550,000
Price Per AC $344,594.59
Lot Size 7.40 AC

±7.4 AC commercial site w/ ~890’ US-281 frontage. Utilities onsite (water/sewer/power/fiber), 3-phase & fiber easements, dual commercial drives, fenced, north easement road in place. Zoned C-3/C-1.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 58015
  • 113184
Land Assessment
$2,021,472
Improvements Assessment
$339,831
Total Assessment
$2,361,303
  • Listing ID: 39241838

  • Date on Market: 1/28/2026

  • Last Updated:

  • Address: 5396 US-281, Burnet, TX 78611

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