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$385,000

NAL Estimated Property Value

16082 E State Highway 29, Buchanan Dam, TX, 78609

$500,500 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,322 Sq Ft
price_per_sqft$165.81 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete, Tile

About this property

Well established and successful restaurant in the heart of the Texas Hill Country. This turnkey business is located on a major highway with a high traffic count year around. Minutes from Lake Buchanan, Inks Lake and Lake LBJ as well as numerous subdivisions. This is one of only a few restaurants in the area which helps to maintain a following of loyal and repeat customers. This property is currently in operation, fully staffed, offers a full menu and seats right at 75 patrons. Paved parking lot, signage and almost all appliances and contents convey. There's also a building out back used for storage and a private office. There's a small landscaped back yard covered with Oak Trees and plenty of room to grow. Here's your chance to work for yourself and make money living in one of the most beautiful parts of Texas!

Investor Tools

Property Icon
$385,000
Estimated Property Value
$0Estimated Mortgage Balance
$385,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$500,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

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

City: Buchanan Dam

16082 E State Highway 29 | Property Details | No Agent List