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    4149 3Rd St Walnut Springs, TX 76690

    For Sale
    $450,000

    Retail - Walnut Springs, TX

    Type:Retail
    Property size:
    3,800 SF
    Lot size:
    0.06 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 8 at 11:06 pm

    Property Features for 4149 3Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    R12503
    Parking features
    On Street
    Size
    3,800 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1895
    Flooring type
    Concrete
    Building materials
    Stone
    Roof type
    Flat, Metal
    Architectural style
    Other

    Keller Williams Heritage West (254) 335-0500 [email protected]

    Listing agent Sam Byrd (254) 335-0500 License #717388

    Listing date Nov 14, 2025

    MLS# 21112652 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Legendary Restaurant Opportunity in Walnut Springs

    This property, known as Blackie's Bait Shack, presents a retail opportunity in Walnut Springs, TX. The sale includes two combined buildings, functioning as one unit, with two addresses, and encompasses the building itself, inventory, furnishings, and decor. The property has operated as a successful restaurant for many years and is equipped to ensure a smooth transition for a new owner. The 3,800 square foot space is located on the main street and offers potential for hosting private events. The 0.057-acre lot provides a setting for various business ventures. The property is suited for continuing as a restaurant or adapting to other retail concepts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Hair Salon Hotel & Motel Nail Salon Auto Parts Store Department Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Springs
    County
    Bosque
    State
    Texas
    Longitude
    -97.74987854
    Latitude
    32.05800108

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    FAQs

    What type of property is this?
    Restaurant - Established restaurant with building, inventory, and furnishings included.
    Where is this restaurant located?
    The property is located at 4149 3Rd St Walnut Springs, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Established and successful restaurant business with existing inventory, furnishings, and decor included.; - Two combined buildings with two addresses, offering flexibility for restaurant operations and private events.; - Prime location on the main street of Walnut Springs, Texas, providing high visibility and retail potential.
    (254) 335-0500
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    Walnut Springs, TX 76690
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    Realmo Value Estimation

    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.

    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.

    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
    4149 3Rd St Walnut Springs, TX 76690
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