$268,000
For more information regarding the value of a property, please contact us for a free consultation.
1,120 SqFt
SOLD DATE : 07/16/2021
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Sold
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $239
MLS Listing ID 1465764
Sold Date 07/16/21
Construction Status Wood,Metal Structure,Other
Year Built 1983
Annual Tax Amount $2,348
Lot Size 2.688 Acres
Property Description
Stellar investment opportunity with highly visible frontage along FM-1283 near Lake Medina. Property offers over 400-feet of frontage along the West line of FM-1283 close to the intersection of Park Road 37. Much of the land is obscured by trees along the mid-line of the property, which conceals 2-mobile homes, 1-RV and four additional RV hook-ups. Property is being sold with the improvements in-place. There is a small fruit/vegetable stand along the FM frontage, which is rented on a Month-to-Month basis and signage pedestals offer continuous additional income. This a rare opportunity to own nearly 3-acres of land with excellent frontage, direct access to the high-traffic corridor of FM-1283 and good foundational improvements/infrastructure in-place to create a stand-alone RV Park or Income Producing rental revenue location. Property is conveniently situated between True Value Hardware and the Dollar General, the opportunities are endless as there are no restrictions and no formal zoning of the site. The property offers a stand-alone water well servicing all the RV/Mobile sites as well as three separate septic systems able to support all of the hook-ups on the property. The property could be enhanced to provide for additional RV/Mobile spaces, additional retail or just about any other office/professional practice location sought. The terrain of the property could also be enhanced to retain surface water as a pond feature for the benefit of the overall development plans. Don't miss the opportunity to make the dream of owning a property with income potential so close to Lake Medina. This is truly a one of a kind and ready for your ideas and priced to make it appealing.
Location
State TX
County Bandera
Area 2400
Zoning NONE
Interior
Heating Window Unit, Other
Cooling Window, Other
Exterior
Garage Spaces 30.0
Utilities Available Electricity, Telephone, Septic, Other
Amenities Available High Speed INternet
Roof Type Other
Building
Story 1
Foundation Other
Level or Stories 1
Construction Status Wood,Metal Structure,Other
Schools
School District Bandera Isd
Others
Acceptable Financing Sale Only, Cash, Conventional, 1st Seller Carry, Other
Listing Terms Sale Only, Cash, Conventional, 1st Seller Carry, Other
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "