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4951 Fm 1283, Pipe Creek, TX 78063

Pipe Creek
Local realty services provided by:CENTURY 21 Judge Fite Company
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:146 day(s) ago
  • Updated:October 29, 2026 at 02:17 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
MLS LogoIDX information is provided exclusively for 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 LERA MLS (Local Expertise Regional Access).  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.  SABOR Member Broker: Ashley Conlon

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