USATXPipe Creek4951 Fm 1283
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New
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$650,000

For Sale

2 days ago

4951 Fm 1283, Pipe Creek, TX

House

MLS® 1972994

0 Bed

0 Bath

20000 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 20000 sqft
Garage 
Taxes $6,827
Days Active 2
Lot Size 
Approx. Age 1997
Avg. Price Per Sqft $32
MLS® Number 1972994

Property Address: 4951 Fm 1283, Pipe Creek, TX, 78063-5991

Average square foot calculated using Size range provided by listing agent.

Description

High Cash Flow Mixed-Use Investment. 70% Occupied. Net Operating Income Positive As-Is at a 9% Cap Rate. Pro Forma Cap Rate 22%. Hill Country Market Place is an income-producing mixed-use asset located in the rapidly growing northwest San Antonio corridor, strategically positioned between Helotes, Bandera, Lakehills/Medina Lake, and Alamo Ranch. This property offers investors an exceptional opportunity to acquire a cash flowing commercial center with significant upside, anchored by a well-established restaurant, bar and entertainment venue, and custom cabinetry manufacturing and fabrication warehouse, office, and industrial yard for delivery and fleet vehicles. The center offers 20, 000 square feet of lease space on just over 1 acre of land, with an approximate 65 parking spaces, situated on a corner parcel on the FM 1283 thoroughfare that experiences 4, 000 average vehicles per day. The property is currently ~70% occupied and producing income, with a pro-forma NOI of approximately $146, 627, delivering a projected cap rate exceeding 22%. The existing tenancy provides immediate cash flow, while remaining vacancy and operational upside create strong buyer position on day one. Property includes a food truck/RV hookup, an upstairs apartment, and community and ensuite restrooms. Schedule your tour today!
MLS® Number1972994
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1997
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 5, 2026List Date
$650,000List Price
-End Date
Not Sold YetSold Price

For Rent

Jun 5, 2026List Date
$650,000List Price
  • Commute

Commute

Starting Address
Destination Address
4951 Fm 1283, Pipe Creek, TX

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