3317 Highway 29 Bertram, TX 78605
- Mixed-use properties
- 8,301 SF
- 33.30 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 3317 Highway 29
- Year built
- 2005
- Lot size
- 33.30 lot acres
- Property size
- 8,301 SF
- Property type
- Mixed-use properties
Description
This exceptional 33.3-acre mixed-use property boasts over 340 feet of frontage on Highway 29 near Bertram, Texas, a rapidly developing area of Burnet County. The property includes a well-established bar and grill, currently leased until December 31, 2023, generating consistent monthly income. The bar itself, constructed in 2008, comprises 5,301 square feet of main space, 960 square feet of storage, and a sizable concrete patio and porch. Also situated on the property is a 3,000-square-foot, three-bedroom, three-and-a-half-bathroom home, offering ample storage and a large concrete patio. While the home requires some cosmetic updates, it presents significant potential. The unrestricted nature of this land opens doors to a variety of commercial ventures, including but not limited to RV parks, storage units, RV and boat storage, industrial uses, and retail establishments. Currently benefiting from a 1-d-1 Ag appraisal with cattle, this property offers low property taxes and holding costs. Conveniently located 2.5 miles east of Bertram, 7.5 miles west of Liberty Hill, and 40 miles northwest of downtown Austin, this property presents a unique investment opportunity. The total building square footage is 8,301 square feet.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bertram
- County
- Burnet
- State
- Texas
- Longitude
- -98.101
- Latitude
- 30.7463