0 State Highway 16 Pipe Creek, TX 78063
This exceptional 27-acre commercial land parcel presents a unique investment opportunity in Bandera County, Texas. Located at 0 State Hwy 16 South, Pipe Creek, TX 78063, this property boasts significant highway frontage, offering unparalleled visibility and accessibility. The land is unrestricted, providing flexibility for a wide range of commercial developments or even a private homestead. Situated just eight minutes from the vibrant downtown area of Bandera, this location offers a blend of rural tranquility and convenient access to amenities. Furthermore, its proximity to major metropolitan areas is a key advantage. It's approximately 35 miles from San Antonio, Texas, and a short 37-minute drive to Six Flags Fiesta Texas, providing easy access to a large population base and entertainment options. For those seeking a more relaxed atmosphere, the renowned Texas wine country in Fredericksburg is less than an hour away. This property is ready for immediate development or can serve as a peaceful retreat. The asking price is $597,740. Don't miss this chance to acquire a substantial piece of land with immense potential in a desirable location.
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.