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Property profile & analytics

19588 K St Somerset, TX 78069

  • Turn key restaurants
  • 2,153 SF
  • 0.16 lot acres
Value Estimation
Location Intelligence
Property ID
US82-2364064
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Rustic Gardens Event Center Inc. / Event Venue

Property Details for 19588 K St

Year built
1950
Lot size
0.16 lot acres
Property size
2,153 SF
Property type
Turn key restaurants
APN
04053-016-0120
APU
40530160120

Description

This exceptional 2,153 square foot event venue in Somerset, Texas, is available for sale. Opened in March 2024 following a complete 2021 renovation, this turnkey operation is ideal for a variety of events, accommodating up to 330 guests indoors and outdoors. The property boasts a full kitchen and bar, ample parking for 60 vehicles on its 0.58-acre lot, and additional land is available for expanded parking. Features include manicured lawns, a spacious stage/covered pavilion, and all furniture, fixtures, and equipment are included. The property is zoned for general commercial use and was originally built in 1950. This is a rare opportunity to acquire an established and profitable event center with significant upside potential. The property's prime location in Bexar County, Texas, ensures easy access for guests and provides a strong foundation for continued success. The existing infrastructure and high-quality finishes minimize the need for further investment, allowing the new owner to focus on operations and growth. This is a truly unique opportunity to own a thriving business in a desirable location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $290,000
  • CAP approach

    CAP return
    Estimation
    6%
    $385,000
    6.5%
    $455,000
    7%
    $405,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $445,000
    Geo Method
    $395,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $385,000
    Retail
    $380,000
    Mixed-Use
    $430,000
    Hospitality
    $515,000
    Educational
    $405,000
    Residential Income
    $420,000
    Energy
    $485,000
    Income-Based Land
    $505,000
    Food Service
    $445,000

Location Insight

  • Map
  • Local Demand
City
Somerset
County
Bexar
State
Texas
Longitude
-98.6591
Latitude
29.2293
CBSA code
41700
CBSA name
SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,883
$23,100
$308,590
$331,690
-
$23,100
$308,590
$331,690
More about this property
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