3317 Highway 29 Bertram, TX 78605
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.
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
Similar Nearby for Sale
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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.