13506 Palmer Rd, Buda, TX 78610
This exceptional 2.86-acre mixed-use property, located at 13506 Palmer Rd, Buda, TX 78610, presents a compelling investment opportunity. Situated on a hard corner at the intersection of Turnersville Rd and Parmer Rd, this property benefits from its strategic location within the rapidly expanding southeast quadrant of IH 35 and 45. The area is experiencing significant growth, fueled by developments like Turner’s Crossing North, which are focused on more affordable housing options. The property is conveniently located within the Austin 5-mile ETJ, boasting a Buda postal address and offering easy access to major commercial draws, including COTA, ABIA, and the Tesla Gigafactory, all within a 15-to-20-mile radius. Currently, the property features two existing buildings: a manufactured home and a small warehouse, both of which can be leased to offset holding costs during the development phase. The Travis County Transportation Blueprint (2019) designates Turnersville Rd as a future 4-lane highway, further enhancing the property's long-term value. The property totals 1,456 square feet and was built in 2000. The asking price is $1,245,000. There is no zoning currently permitted for the property.
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
Similar Nearby for Lease
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.