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$1,100,000

15615 E State Highway 29, Buchanan Dam, TX, 78609

On MarketInfo
CommercialInfo
Baths8,500 Sq Ft
BusinessBusiness
price_per_sqft$129.41 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Laminate

Building Information

Year Built1980
Stories1
Roof Type112

Land Information

APN16004
Lot Number147-150
SubdivisionIndian Hills
Land UseCommercial
Legal DescriptionINDIAN HILLS LTS 147-150
Census Tract970600
Assessed Land Value$55,440
Assessed Improvement Value$351,470
Assessment Year2025

About this property

Unrestricted commercial property on TX-29 in the Highland Lakes growth corridor. Approx. 2.62 acres (subject to survey/plat) with an approx. 8,500+ SF building, approx. 200’ of highway frontage, and rare street-to-street access—ideal for easy traffic flow, deliveries, and flexible parking. Large open interior layout with additional rooms/areas supports a wide range of uses including storage, warehouse, retail, restaurant, church, contractor yard, mixed-use redevelopment, or event/venue concept. High-visibility location serving Buchanan Dam, Burnet, Marble Falls, Llano and the Lake Buchanan region. Rare combination of highway exposure, usable acreage, and substantial improvements—excellent opportunity for owner-user or investor. Shown by appointment only.

Investor Tools

Property Icon
$406,910
Estimated Property Value
$0Estimated Mortgage Balance
$406,910Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

Interested in this property?

Katie Simon

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,117
$406,910
2025
$55,440
$351,470
$406,910
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,117
$406,910

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$406,910
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Buchanan Dam

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15615 E State Highway 29 | Property Details | No Agent List