Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1694 County Road 102 Llano, TX 78643

    View on Map
    Sponsored
    For Sale
    $2,550,000

    COMMERCIAL - Llano, TX

    Property size:
    9,773 SF
    Lot size:
    5.97 Acres
    Days on Market:
    13
    Last Refresh:
    Mar 22 at 2:06 am

    Property Features for 1694 County Road 102

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    56353
    Parking features
    Garage
    Size
    9,773 SF
    Lot size
    5.97 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water front
    1

    Building Details

    Year built
    2008
    Floors in Building
    3
    Flooring type
    Carpet, Wood, Tile
    Building materials
    Frame, Stone

    We can help!

    Listing Contact
    Scott Malouff
    Scott Malouff

    Keller Williams Heritage

    Listing agent Scott Malouff License #0658231

    Listing date Mar 10, 2026

    MLS# 600862

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Turnkey Llano Riverfront Destination Property

    This turnkey destination property is situated on approximately 6 acres of Llano River frontage. The property is purposefully designed for hosting and lodging, featuring a gated entrance and striking architecture. Its flexible layout is ideal for events, retreats, short-term lodging, or corporate use. The property includes 8 private-entry guest ensuite rooms, select suites with kitchenettes, living areas, and private balconies, and expansive covered porches overlooking the river. Supporting improvements include a 5,990 sq ft detached shop, a 4-car garage, and extensive outdoor entertainment amenities with a pool, spa, firepit, and a pool house featuring a lounge, bar, kitchen, bathrooms, and private staff quarters. The property contains 9,773 square feet of space. Conveniently located near downtown Llano, local attractions, and a municipal airport within 15 minutes, this versatile property is well-positioned for a wide range of commercial and hospitality uses in the Texas Hill Country.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hospitality properties

    Map

    City
    Llano
    County
    Llano
    State
    Texas
    Longitude
    -98.811542
    Latitude
    30.725675

    Nearby Similar for Sale

    • New
      $1,500,000
      14,374 SF

      Versatile Commercial Building in Llano

      14,374 sq ft insulated building on 1.32 acres.
      1208 State Highway 29 E, Llano, TX 78643
      View Details
    • $599,000
      5,000 SF

      Highway Frontage Commercial Building

      Commercial building with high traffic, multiple uses, and income potential.
      304A W Young St, Llano, TX 78643
      View Details
    • $317,000
      0.22 Acres

      Commercial Property with Theater Seating

      Versatile commercial property in Llano, TX, move-in ready.
      305 W Dallas St, Llano, TX 78643
      View Details
    • $399,900
      0.06 Acres

      Retail Space on City Square

      Prime retail location in Llano, Texas, with storefront display.
      103 W Main St, Llano, TX 78643
      View Details
    • $579,000
      0.40 Acres

      Commercial Property on Bustling Highway

      Prime location with two distinct business opportunities in one structure.
      1006 Ford St, Llano, TX 78643
      View Details
    • $349,900
      1.00 Acre

      Highway 16 Commercial Property

      Spacious metal building with highway exposure and ample parking.
      1202 Bessemer Ave, Llano, TX 78643
      View Details
    • $399,900
      960 SF

      Retail Space on City Square

      Prime retail space in Llano, perfect for various businesses.
      103 W Main St, Llano, TX 78643
      View Details
    • $350,000
      2,200 SF

      Llano Commercial Property For Sale

      Commercial property with storage units and workshop in Llano, TX.
      1106 Bessemer Ave, Llano, TX 78643
      View Details
    • $249,900
      0.27 Acres

      Llano Commercial Property For Sale

      Commercial property on a high-traffic corner lot in Llano, TX.
      1010 N Bessemer Ave, Llano, TX 78643
      View Details
    • $899,900
      65.42 Acres

      Llano County Ranch with Views

      Scenic 65+ acre ranch with creek, well, and electricity.
      000 N County Road 402, Llano, TX 78643
      View Details
    • $3,700,000
      125.74 Acres

      Llano Ranch with Historic Charm

      Spacious home, barn with apartment, and scenic Texas Hill Country.
      12987 S State Highway 16, Llano, TX 78643
      View Details
    • $419,000
      2,098 SF

      Updated Triplex Near Llano Square

      Updated triplex near historic Llano City Square, generating rental income.
      901 Wright St, Llano, TX 78643
      View Details

    FAQs

    What type of property is this?
    Hospitality property - Turnkey hospitality property on 6 acres with Llano River frontage.
    Where is this hospitality property located?
    The property is located at 1694 County Road 102 Llano, TX.
    What is the asking price?
    The asking price for this property is $2,550,000.
    What are key features of this property?
    This property features: - Approximately 6 acres of Llano River frontage.; - Features **8 private-entry guest ensuite rooms**, some with kitchenettes, living areas, and private balconies.; - **Extensive outdoor entertainment amenities** including a pool, spa, firepit, and pool house with lounge, bar, kitchen, bathrooms, and private staff quarters.
    (210) 365-6192
    Request Owner's contact information
    1694 County Road 102 Llano, TX 78643
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1694 County Road 102
    Llano, TX 78643
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1694 County Road 102 Llano, TX 78643
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Scott Malouff
    Scott Malouff
    Real Estate License ID: 0658231
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!