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    3317 Highway 29 Bertram, TX 78605

    For Sale
    $3,300,000

    High-growth area, income-producing, 33 acres

    Property size:
    8,301 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 33.3-acre mixed-use property boasts over 340 feet of frontage on Highway 29 near Bertram, Texas, a rapidly developing area of Burnet County. The property includes a well-established bar and grill, currently leased until December 31, 2023, generating consistent monthly income. The bar itself, constructed in 2008, comprises 5,301 square feet of main space, 960 square feet of storage, and a sizable concrete patio and porch. Also situated on the property is a 3,000-square-foot, three-bedroom, three-and-a-half-bathroom home, offering ample storage and a large concrete patio. While the home requires some cosmetic updates, it presents significant potential. The unrestricted nature of this land opens doors to a variety of commercial ventures, including but not limited to RV parks, storage units, RV and boat storage, industrial uses, and retail establishments. Currently benefiting from a 1-d-1 Ag appraisal with cattle, this property offers low property taxes and holding costs. Conveniently located 2.5 miles east of Bertram, 7.5 miles west of Liberty Hill, and 40 miles northwest of downtown Austin, this property presents a unique investment opportunity. The total building square footage is 8,301 square feet.

    Property Features for 3317 Highway 29

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,301 SF
    Lot Size
    1,450,548 SF

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bertram
    County
    Burnet
    State
    Texas
    Longitude
    -98.10104
    Latitude
    30.74633

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    FAQs

    What type of property is this?
    Mixed-use property - High-growth area, income-producing, 33 acres
    Where is this mixed-use property located?
    The property is located at 3317 Highway 29 Bertram, TX.
    What is the asking price?
    The asking price for this property is $3,300,000.
    (512) 263-9090
    Request Owner's contact information
    3317 Highway 29 Bertram, TX 78605
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    Bertram, TX 78605
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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
    3317 Highway 29 Bertram, TX 78605
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