Level Commercial Land on FM
8865 FM 1283 Lakehills, TX 78063
New
8865 FM 1283, Lakehills, TX, 78063
$400,000
For Sale
$400,000
Level, usable acreage directly on FM 1283 with a manufactured home onsite.
Property Size952 SF
Lot Size3.02 Acres
Price / SF$420.17
Days on Market5
Property Features for 8865 FM 1283
General Information
- Standard status
- Active
- Size
- 952 SF
- Lot size
- 3.02 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1997
Listing Agency
eXp Realty LLC / Tinsley Realty Group
(830) 928-7193
Listed by
Lara Hicks · License #0764225
Source
Xome
Added: Jul 14 Checked: Jul 18 at 3:02 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC / Tinsley Realty Group
Investment Insights
Based on property information with market context.
This commercial land offering totals 3.02 acres of level, usable space with mature trees, providing a practical foundation for future development or phased site planning. A manufactured home manufactured in approximately 1997 is currently on the property, which may support immediate occupancy while plans evolve.
The site sits directly on FM 1283 in Lakehills, Texas, on a corridor that connects Pipe Creek and Medina Lake. Access is described as easy from both directions of FM 1283.
The property is laid out to accommodate a range of commercial uses, including retail, service, storage, or light industrial development, subject to applicable approvals.
The site sits directly on FM 1283 in Lakehills, Texas, on a corridor that connects Pipe Creek and Medina Lake. Access is described as easy from both directions of FM 1283.
The property is laid out to accommodate a range of commercial uses, including retail, service, storage, or light industrial development, subject to applicable approvals.
Key Highlights
- 3.02‑acre lot level and usable, with mature trees and partial wood
- Direct frontage on FM 1283 in Lakehills, TX, with access from both directions
- Road access includes county road frontage plus concrete and gravel road portions
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.0k | $22.08 |
| − Vacancy | −$3.7k | −$3.91 |
| EGI | $17.3k | $18.17 |
| − OpEx | −$4.3k | −$4.54 |
| NOI | $13.0k | $13.63 |
952 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$185.4K
$162.2K – $216.3K
NOI $12,975 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$242.8K
$212.5K – $283.3K
NOI $16,999 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Level, usable acreage directly on FM 1283 with a manufactured home onsite.
Where is this commercial land located?
The property is located at 8865 FM 1283 Lakehills, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3.02‑acre lot level and usable, with mature trees and partial wood; Direct frontage on FM 1283 in Lakehills, TX, with access from both directions; Road access includes county road frontage plus concrete and gravel road portions
