9200 And Fm 1283 Lakehills, TX 78063
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.