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    483 Grand Oaks Dr Harper, TX 78631

    For Sale
    $2,100,000

    Texas Hill Country retail land, huge potential.

    Property size:
    3,886 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 605,048.4 sq ft property in Harper, Texas (zip code 78631), presents a unique investment opportunity. The 3,886 sq ft retail space is complemented by four existing homes, totaling seven bedrooms and 6.5 bathrooms. A potential eighth sleeping area could be created by converting the existing school room into an efficiency apartment. The property includes an expansive outdoor entertainment area complete with a wood-burning fireplace, kitchen, storage room, and a half-bath. Three wells and two septic systems are in place. The land offers ample space for livestock, such as goats and chickens. The property is securely enclosed by an automatic gate and perimeter fencing, providing privacy and tranquility. Currently generating income through month-to-month renters, this property is ideally suited for a family compound, short-term rentals, or an event venue. Most furniture is negotiable, offering a turnkey operation. The property's versatility and numerous features make it a truly remarkable investment. Located in the desirable Texas Hill Country, this property offers endless possibilities.

    Property Features for 483 Grand Oaks Dr

    General Information

    Property type
    Land
    Square Feet
    3,886 SF

    HighLights

    • 605,048.4 sq ft property in Harper, TX (78631).
    • Includes 3,886 sq ft of retail space.
    • Features four existing homes with seven bedrooms and 6.5 bathrooms; potential for an eighth sleeping area.
    • Offers expansive outdoor entertainment area with fireplace, kitchen, storage, and half‑bath.
    • Equipped with three wells and two septic systems.
    • Ample land suitable for livestock.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Hotel & Motel Breakfast Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Harper
    County
    Gillespie
    State
    Texas
    Longitude
    -99.0365088
    Latitude
    30.3008834

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    FAQs

    What type of property is this?
    Land - Texas Hill Country retail land, huge potential.
    Where is this land located?
    The property is located at 483 Grand Oaks Dr Harper, TX.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: 605,048.4 sq ft property in Harper, TX (78631).; Includes 3,886 sq ft of retail space.; Features four existing homes with seven bedrooms and 6.5 bathrooms; potential for an eighth sleeping area.
    Request Owner's contact information
    483 Grand Oaks Dr Harper, TX 78631
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    Harper, TX 78631
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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
    483 Grand Oaks Dr Harper, TX 78631
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