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    9200 And Fm 1283 Lakehills, TX 78063

    For Sale
    $1,147,950

    7.65 Acres, Mixed-Use Potential

    Property size:
    333,364 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 7.65-acre commercial property in Lakehills, Texas, presents a unique investment opportunity. Located at the intersection of FM 1283 and Park Road 37 in Bandera County (zip code 78063), this expansive lot boasts over 650 feet of frontage on Park Road 37 and offers convenient access from Laurel Ridge Drive. The property comprises five lots, deeded for commercial or residential use, and is free from HOA restrictions. A private water well with connections on Laurel Ridge Drive serves all five lots. The land features three relatively level areas separated by greenbelts, ideal for a multi-use development. Preliminary site work has been completed in the area intended for retail development along Park Road 37. The substantial lot size mitigates concerns regarding on-site sewage facilities for any future development. Two existing manufactured homes are included: a 1680 sq ft, 3-bed, 2-bath Solitaire with a detached two-car garage and a partial concrete driveway

    Property Features for 9200 And Fm 1283

    General Information

    Property type
    Mixed-use properties
    Square Feet
    333,364 SF
    Lot Size
    333,365 SF

    HighLights

    • 7.65‑acre commercial property in Lakehills, TX (78063).
    • Located at FM 1283 and Park Road 37, with over 650 ft of frontage on Park Road 37.
    • Five buildable lots, zoned for commercial or residential use, no HOA.
    • Private water well with connections on Laurel Ridge Drive.
    • Three level areas ideal for multi‑use development; preliminary site work completed for retail.
    • Large lot size allows for on‑site sewage solutions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lakehills
    County
    Bandera
    State
    Texas
    Longitude
    -98.9290896
    Latitude
    29.6055396

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    FAQs

    What type of property is this?
    Mixed-use property - 7.65 Acres, Mixed-Use Potential
    Where is this mixed-use property located?
    The property is located at 9200 And Fm 1283 Lakehills, TX.
    What is the asking price?
    The asking price for this property is $1,147,950.
    What are key features of this property?
    This property features: 7.65-acre commercial property in Lakehills, TX (78063).; Located at FM 1283 and Park Road 37, with over 650 ft of frontage on Park Road 37.; Five buildable lots, zoned for commercial or residential use, no HOA.
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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
    9200 And Fm 1283 Lakehills, TX 78063
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