4951 Fm 1283, Pipe Creek, TX 78063

Pipe Creek
Local realty services provided by:Better Homes and Gardens Real Estate Winans
4951 Fm 1283,Pipe Creek, TX 78063
$650,000
  • - Beds
  • - Baths
  • 20,000 sq. ft.
  • Multi-family
  • Active
Listed by: thomas martinez
Office: leverage realty consulting group
MLS#:1972994
Source:LERA

Price summary

  • Price:$650,000
  • Price per sq. ft.:$32.5

About this home

High Cash Flow Mixed-Use Investment. 70% Occupied. Net Operating Income Positive As-Is at a 8.67% 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...

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Home facts

  • Year built:1997
  • Subdivision & Development:MEDINA LAKE ESTATES
  • Listing ID #:1972994
  • Added:55 day(s) ago
  • Updated:July 29, 2026 at 01:58 PM

Rooms and interior

  • Flooring:Laminate, Stained Concrete, Wood
  • Living area:20,000 sq. ft.

Heating and cooling

  • Cooling:Window/Wall
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:1997
  • Building area:20,000 sq. ft.
  • Lot area:1.05 Acres
  • Construction Materials:Metal Structure, Wood
  • Exterior Features:Controlled Access, Covered Patio, Detached Quarters, Level, Patio Slab
  • Foundation Description:Slab

Schools

  • High school:Bandera
  • Middle school:Bandera
  • Elementary school:Hill Country

Utilities

  • Sewer:Septic

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$32.5
  • Tax amount:$8,373
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