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Park Rd. 37 and FM 1283 7.65 Acres of Commercial Land Offered at $1,330,125 in Lakehills, TX 78063

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EXECUTIVE SUMMARY

See broker for sale price

PROPERTY FACTS

Price $1,330,125
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Restaurant
Total Lot Size 7.65 AC
Zoning Commercial - Commercial

1 LOT AVAILABLE

Lot

Price $1,330,125
Price Per AC $173,872.55
Lot Size 7.65 AC

Frontage on Park Road 37 and FM 1283. Property wraps around hard corner. Mostly Flat. Site prep work complete for retail development on PR 37 frontage.

DESCRIPTION

Location, Location, Location. 7.65 Acres in Lakehills Texas, Bandera County. Adjacent to the Shell Station at the only major intersection (FM 1283 & Park Road 37) in the precinct. Not in city limits. 5 Lots out of Laurel Creek subdivision which are deeded commercial or residential with no current HOA. The property has over 650 feet frontage of Park Road 37 and all 5 lots have access from Laurel Ridge Dr. All 5 lots have deeded use of Private Water Well with connections at Laurel Ridge Dr. Property has three natural somewhat level areas that would allow for the perfect multi use development. Some sitework has been completed on the assumed retail area that fronts Park Road 37. Due to the size of the combined lots OSSF’s should not be a problem for future development. There are two 200-amp services on the property feeding two Manufactured homes provided by Bandera Electrical COOP and Three Phase power is available nearby. Current nearby Business EZ Mart Shell Station, Big’s Valero station, Dollar General, True Value, Hill Country Grocery Store, La Cabana Mexican Restaurant, Lakehills County Annex Pct. 2. This Sale is for land only. Manufactured homes and addition buildings can be purchased as private property or will be removed by the seller after the land transaction is completed.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
165496
Land Assessment
$71,340
Improvements Assessment
$0
Total Assessment
$71,340
  • Listing ID: 30627206

  • Date on Market: 1/10/2024

  • Last Updated:

  • Address: Park Rd. 37 and FM 1283, Lakehills, TX 78063

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