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$644,466

NAL Estimated Property Value

1102 Buchanan Drive, Burnet, TX, 78611

Off MarketInfo
LeaseInfo
CommercialInfo
Baths0 Bath
Baths15,077 Sq Ft
price_per_sqft$0.46 / sqft
Year BuiltBuilt in 1974

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete, Tile

Exterior

Lot Size3.46 acres

Building Information

Year Built1974
Roof Type109

Land Information

APN51526
SubdivisionJohn Hamilton
Land UseMixed Use Center
Legal DescriptionABS A0405 JOHN HAMILTON, TRACT TR 166, 3.46 ACRES
Census Tract960302
Assessed Land Value$257,640
Assessed Improvement Value$386,826
Assessment Year2025

About this property

7000+ Square Foot Commercial Building for Lease in fast growing Burnet, Texas. Ideally located on West Hwy 29 (known as Buchanan Drive) in the City Limits. Last leased as a party supply store, it is a wide open floorplan. Landlord is open to negotiating build out. Currently there is a storeroom and a private restroom, a sprinkler system and loading area. This building has the potential to become Retail, Business or Medical offices, a Restaurant or even a Convenience Store. Large paved parking right off the highway allows for lots of parking spaces and High Visibility with billboard type signage at street available with lease.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,135
$644,466
2025
$257,640
$386,826
$644,466
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,135
$644,466

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Tx
N/A
$2,800,000
N/A
First
Dec 4, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,023,143
N/A
0%
314%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Burnet

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1102 Buchanan Drive | Property Details | No Agent List