3401 Water St Burnet, TX 78611-4524
This exceptional 4.2-acre commercial property in Burnet, Texas, presents a remarkable investment opportunity. Strategically located just off Highway 281, this C-3 zoned land boasts high visibility and convenient access, ensuring significant exposure for any business. The property features an existing concrete slab, simplifying construction and reducing initial development costs. Ample space allows for the development of over 10,000 square feet of commercial space, suitable for a wide range of uses including retail, restaurants, convenience stores, gas stations, or auto repair shops. The versatile zoning permits medium commercial, heavy commercial, or light industrial uses, subject to obtaining the necessary conditional use permits. Essential utilities, including water, sewer, and electricity, are readily available. Its prime location offers easy access from both sides of Highway 281, placing it within minutes of Burnet Municipal Airport and Ascension Seton Hospital. The property's proximity to Austin (approximately one hour away) further enhances its appeal. Prospective buyers are advised to independently verify all information provided and consult with the city of Burnet regarding development permitting options and requirements. This is a rare chance to acquire a highly desirable commercial parcel in a thriving Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.