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    The Largest CRE Database in the US with Over 1 Million Listings

    310 Cortez Trl Buchanan Dam, TX 78609

    Sponsored
    For Sale
    $500,000
    Property size:
    480 SF

    Description

    Added:
    Jan 31, 2026
    Days on Market:
    2
    Investor Opportunity: Functional RV Park with Tiny Home, Separate Office & Dual Guest Restrooms Near Lake Buchanan. Built in 2020, this unique tiny home on 4+ acres in Buchanan Dam offers 480 sq. ft. of main living space plus more under one roof—including a separate office with half bath and two full guest restrooms on the backside, each with private entrances and separate Laundry Room.. Perfect for a home office, guest privacy, or rental versatility. The property includes 13 full RV hook-ups (30/50 amp electric, water, sewer), providing excellent income potential while allowing you to live on site. Featuring a well-thought-out design with plenty of room for expansion, this property combines function and future potential. Inside, enjoy laminate flooring, modern mini-split HVAC, and a sleek breakfast bar kitchen. Relax on the covered wood deck overlooking an expansive yard with net wire and pipe fencing blending naturally with the grassy field, plus a wooden fence defining a cozy pet play area. Additional amenities include a new 2-stall garage (567 sq. ft.), storage barn with double lofts and built-in workbench (10x20), garden/tool shed (8x16), tractor shed with workbench (8x20), and well/pump house/laundry facility (10x12). Close to Lake Buchanan Dam for boating and recreation. Former RV park zoned Residential/Commercial allows rental -excellent flexibility.

    Property Features for 310 Cortez Trl

    General Information

    Property type
    Other commercial real estate
    Square Feet
    480 SF
    Lot Size
    177,289 SF

    Building Details

    Year Built
    2020

    We can help!

    Listing Contact
    Katie Simon
    Katie Simon

    Learn more

    Property Insight Report
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Storage Facility Tech Support Center Travel Agency Bed & Breakfast Coworking Space

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

    Location Insight

    • Map
    • Local Demand
    City
    Buchanan Dam
    State
    Texas
    Longitude
    -98.4699959
    Latitude
    30.7583073

    Nearby Comparable

    • $550,000

      Land For Sale

      Land available for purchase.
      310 Cortez Trl, Buchanan Dam, TX 78609
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      Commercial land available for sale.
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      Lake Buchanan Waterfront Acreage

      Unrestricted 6-acre waterfront property with development potential.
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      Lake Buchanan Waterfront Property

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    • $595,000

      Waterfront Property with Development Potential

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    Nearby Similar for Sale

    • $750,000
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      Lake Buchanan Cottages For Sale

      Income-producing cottages on 3.6 acres near Lake Buchanan.
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    • $3,000,000

      Lake Buchanan Waterfront Property

      Over 20 acres with 3600+ feet of waterfront.
      18617 E State Highway 29, Buchanan Dam, TX 78609
      View Details
    • $595,000

      Waterfront Property with Development Potential

      3.57 acres with waterfront, pier, and development opportunities.
      8164 Ranch Road 261, Buchanan Dam, TX 78609
      View Details
    • $2,817,952
      10,640 SF

      Dollar General Investment Opportunity

      NNN single tenant investment opportunity with corporate guarantee.
      10533 W Rr 1431, Buchanan Dam, TX
      View Details
    • New
      $1,195,000
      8,500 SF

      15615 Tx 29

      Commercial real estate
      15615 Tx 29, Buchanan Dam, TX 78609
      View Details

    FAQs

    Where is this commercial real estate located?
    The property is located at 310 Cortez Trl Buchanan Dam, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    (512) 588-0094
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    310 Cortez Trl Buchanan Dam, TX 78609
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    Buchanan Dam, TX 78609
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    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
    310 Cortez Trl Buchanan Dam, TX 78609
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    We can help!
    Listing Contact
    Katie Simon
    Katie Simon
    (512) 588-0094
    Learn more
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