20030 Lk Country Rd Paint Rock, TX 76866-3427
This exceptional turnkey retail property, located at 20030 Lake Country Rd in Paint Rock, Texas, presents a unique investment opportunity. Boasting 7,100 square feet on a 2.07-acre lot, this 1992-built establishment is perfectly situated near Lake O.H. Ivie. The property includes a fully equipped restaurant and bar area, ready for immediate operation. A large stage is ideal for live entertainment, complemented by a fully furnished commercial kitchen and a dedicated smokehouse with ample seating. Adding to its versatility, the property also features a convenient attached living quarters, complete with one bedroom and one bathroom. This remarkable venue offers immense potential for various uses, making it an attractive prospect for entrepreneurs seeking a well-established and versatile business location. The property's prime location near the lake provides excellent visibility and access to a large potential customer base. The asking price is $499,000. This is a rare opportunity to acquire a fully operational and uniquely equipped business in a desirable Texas location. Don't miss out on this exceptional chance to own a thriving lakeside establishment.
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Dillon’s Smokehouse Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.