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15603 E State Highway 29 - TEXAS HILL COUNTRY PROPERTY AT THE LAKE

10,750 SF Specialty Building Offered at $1,245,956 CAD in Buchanan Dam, TX 78609

Investment Highlights

  • The 4 apartments upstairs are now leased and total 3200 per month SO buying makes sense.

Executive Summary

Seller financing available! Huge and wonderful Texas Classic building. +/- 7150 sq ft downstairs and +/- 3600 sq ft of 4 new separate office condos upstairs for a total of 10750 sq ft. Also 6 new RV spots in back fort a potential total income of 11 k per month fully leased. You can use all or part of building for your business and lease the rest. Downstairs is a classic HONKY TONK that you can incorporate in your decor with classic wooden bar and dance floor and lights. Get creative with usage as NO ZONING. Do what you want.
ALL 4 APARTMENTS UPSTAIRS ARE NOW RENTED, SO 3200 $ of your purchase note is being covered.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $4,536 $0.42
Other Income - -
Vacancy Loss - -
Effective Gross Income $4,536 $0.42
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $4,536
Annual Per SF $0.42
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $4,536
Annual Per SF $0.42
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $1,245,956 CAD
Price Per SF $116 CAD
Sale Type Investment or Owner User
Sale Conditions Lease Option
Property Type
Specialty
  • Office Office Residential
  • Office Industrial Live Work Unit
Building Class C
Lot Size 1.81 AC
Building Size 10,750 SF
No. Stories 2
Year Built/Renovated 1992/2022
Parking Ratio 9.3/1,000 SF
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15826
Land Assessment
$74,299 CAD (2023)
Improvements Assessment
$372,509 CAD (2023)
Total Assessment
$446,808 CAD (2023)

zoning

Zoning Code NO ZONING (NO ZONING)
NO ZONING (NO ZONING)
  • Listing ID: 27602470

  • Date on Market: 2023-01-26

  • Last Updated:

  • Address: 15603 E State Highway 29, Buchanan Dam, TX 78609

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