1034 Hwy Leakey, TX 78873
This versatile 1,488 square foot commercial property is situated on a prime 1.5-acre lot in the thriving tourist destination of Leakey, Texas. Boasting over 144 feet of frontage on US Highway 83, this property offers exceptional visibility and accessibility for any business. The level lot is adorned with mature oak trees and provides ample space for expansion, including the potential addition of cabins, RV pads, or a swimming pool. Currently configured as a three-bedroom, two-and-a-half-bathroom vacation rental, the building's adaptable layout is suitable for a variety of uses, including residential, retail, or office space. The interior features high wood-beamed ceilings, stylish sliding barn doors, a convenient mudroom, and an expansive kitchen. Outdoor amenities include a covered front porch spanning the entire length of the building and a newer rear deck complete with a built-in barbecue and fire pit. There are no restrictive covenants or homeowner's association fees. This property presents a unique opportunity to capitalize on Leakey's vibrant tourism industry or establish a successful business in a desirable location. Priced at $475,000.
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.
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Risks
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