5400 Thistle Dr, Leon Valley, TX 78238
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: randy elgin
Office: keller williams legacy
MLS#:1941278
Source:LERA
Price summary
- Price:$485,000
- Price per sq. ft.:$249.74
About this home
A total of 1.105 Acres of Prime corner commercial opportunity in Leon Valley. Located at the intersection of Thistle Dr and Watercrest Dr, this 1.1046-acre B-2 zoned property offers outstanding visibility, dual street frontage, and flexible development potential in an established residential and commercial corridor. The site is ideally suited for a neighborhood retail strip center of approximately 10,000 to 15,000 square feet, making it an excellent fit for restaurants, medical or dental offices, boutique fitness, personal services, specialty retail, or professional offices. The size and corner positioning allow for efficient parking design, strong storefront exposure, and prominent signage-key elements for long-term business success. The property is being sold for land value; however, it includes a 1,942 square foot home built in 1945 situated on approximately 0.51 acres of the total tract. The home features four bedrooms, two bathrooms, a detached one-car garage, an eat-in kitchen, a den, a separate family room, a laundry room off the kitchen, and three wood-burning fireplaces. For a buyer who sees opportunity beyond redevelopment, the existing structure offers potential for refurbishment and adaptive reuse as a professional office, boutique studio, or other approved commercial use under B-2 zoning. It also presents a strategic option for phased development, allowing an owner to utilize or lease the home while planning future commercial improvements on the remainder of the property. Whether you envision developing a neighborhood retail center, establishing your own flagship location, or leveraging the existing structure for immediate use while holding for future growth, this property offers flexibility, scale, and long-term upside. Corner commercial sites of this size with multiple pathways to value are increasingly rare in Leon Valley....
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Home facts
- Year built:1945
- Listing ID #:1941278
- Added:51 day(s) ago
- Updated:April 10, 2026 at 01:43 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Brick, Carpeting, Ceramic Tile, Laminate
- Bathrooms Description:Tub/Shower Combo
- Kitchen Description:Dishwasher, Eat-In Kitchen, Stove/Range
- Bedroom Description:Ceiling Fan, Full Bath, Master Bedroom Downstairs, Outside Access
- Living area:1,942 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:1945
- Building area:1,942 sq. ft.
- Lot area:0.51 Acres
- Lot Features:1/2-1 Acre, Corner, Irregular
- Architectural Style:One Story
- Construction Materials:3 Sides Masonry, Brick, Siding
- Exterior Features:Chain Link Fence, Mature Trees, Patio Slab
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Holmes Oliver W
- Middle school:Neff Pat
- Elementary school:Glass Colby
Utilities
- Water:Private Well
Finances and disclosures
- Price:$485,000
- Price per sq. ft.:$249.74
- Tax amount:$3,899 (2025)
Features and amenities
- Laundry features:Dryer Connection, Washer Connection
- Amenities:Ceiling Fans, Electric Water Heater
Parking
- Parking description:Detached Garage, One Car Garage
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