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    1034 Hwy Leakey, TX 78873

    For Sale
    $475,000

    High-visibility commercial property, 1.5 acres.

    Property size:
    1,488 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This versatile 1,488 square foot commercial property is situated on a prime 1.5-acre lot in the thriving tourist destination of Leakey, Texas. Boasting over 144 feet of frontage on US Highway 83, this property offers exceptional visibility and accessibility for any business. The level lot is adorned with mature oak trees and provides ample space for expansion, including the potential addition of cabins, RV pads, or a swimming pool. Currently configured as a three-bedroom, two-and-a-half-bathroom vacation rental, the building's adaptable layout is suitable for a variety of uses, including residential, retail, or office space. The interior features high wood-beamed ceilings, stylish sliding barn doors, a convenient mudroom, and an expansive kitchen. Outdoor amenities include a covered front porch spanning the entire length of the building and a newer rear deck complete with a built-in barbecue and fire pit. There are no restrictive covenants or homeowner's association fees. This property presents a unique opportunity to capitalize on Leakey's vibrant tourism industry or establish a successful business in a desirable location. Priced at $475,000.

    Property Features for 1034 Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,488 SF
    Lot Size
    65,340 SF

    Building Details

    Year Built
    2007
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Leakey
    County
    Real
    State
    Texas
    Longitude
    -99.7476
    Latitude
    29.7792

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility commercial property, 1.5 acres.
    Where is this commercial real estate located?
    The property is located at 1034 Hwy Leakey, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    (830) 232-4408
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    1034 Hwy Leakey, TX 78873
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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
    1034 Hwy Leakey, TX 78873
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