$650,000
 $3,489 est/mo Sourced by Back At You

4951 Fm 1283,Pipe Creek, TX 78063

Pipe Creek, TX 78063

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Description

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 $143,000 delivering a projected cap rate exceeding 22%. The existing tenancy provides immediate cash flow, while remaining vacancy and operational upside create strong buyer position on day one. Property includes a food truck/RV hookup, an upstairs apartment, and community and ensuite restrooms. Schedule your tour today!

Details

MLS #1972994
Listing TypeFor Sale
StatusActive
Year1997
Days On Site86
Listing Provided ByLeverage Realty Consulting Group | Thomas Martinez

Features

SQ Feet20,000
Units13
Acreage1.05

Interior

Heating FuelElectric

Exterior

ExteriorWood, Metal Structure
Exterior FeaturesPatio Slab, Covered Patio, Detached Quarters, Controlled Access, Level
FoundationSlab

Utilities

WaterorsewerSeptic

Taxes

Tax Property Id15150000000020
Taxed By Mltpl CountiesNo
Total Tax8372.93

Area Information

StateTX
CountyBandera
CityPipe Creek
Zip Code78063
AreaBandera
Community NameMEDINA LAKE ESTATES
School DistrictBandera Isd
Elementary SchoolHill Country
High SchoolBandera
Listing VS Median (in MEDINA LAKE ESTATES)
Price:
$650,000
low | high
Med:
$650,000
50% of Average
sqft:
20,000
low | high
Med:
20,000
50% of Average
$ / sqft:
$33
low | high
Med:
$33
50% of Average
On site:
86
low | high
Med:
86
100% of Average
Sourced by Back At You

Market Activity 78063

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Additional Information

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IDX information is provided exclusively for LERA MLS (Local Expertise. Regional Access) consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

Contact

Learn More About This Property

Coldwell Banker Commercial Gateway

Coldwell Banker Commercial Gateway

 (956) 937-2930[email protected]
StateTX
CountyBandera
CityPipe Creek
Zip Code78063
AreaBandera
Community NameMEDINA LAKE ESTATES
School DistrictBandera Isd
Elementary SchoolHill Country
High SchoolBandera
Listing VS Median (in MEDINA LAKE ESTATES)
Price:
$650,000
low | high
Med:
$650,000
50% of Average
sqft:
20,000
low | high
Med:
20,000
50% of Average
$ / sqft:
$33
low | high
Med:
$33
50% of Average
On site:
86
low | high
Med:
86
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $487K - $812K
sqft: 15,000 - 25,000
Nearby Listings Property ImageNearby Listings Details
4951 FM 1283 Property Photo 1
$650,000
4951 Fm 1283
Pipe Creek, TX 78063
Listing Updated: July 27, 2026 at 8:49:51 AM PDT
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Phone: 210-483-6250 
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IDX information is provided exclusively for LERA MLS (Local Expertise. Regional Access) consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Laredo Association of REALTORS.
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