Lake Commercial For Sale near Lake Buchanan
Exceptional opportunity in a rapidly growing Central Texas market. This 11,000+ sq ft multifamily property sits on 2.33 acres with elevated views of Lake Buchanan's main body--making it a rare lake-adjacent investment with long-term upside. Currently configured as 12 apartment units with 92% occupancy, this asset offers immediate cash flow with room to increase rents and NOI through full stabilization. Recent capital improvements include newer metal roofs, stucco exterior, and interior renovations, minimizing deferred maintenance and supporting operational efficiency. Additional onsite amenities: covered common area, tenant laundry, and storage. Conveniently located near Highways 1431 and 29 - 20 mins to Burnet, Llano, and Marble Falls, and just 90 minutes to Austin or San Antonio. Free public lake access and boat ramp just 2 miles away enhance tenant appeal. P&L available for qualified buyers. Showings by appointment only.Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 11155
- Year Built: 1960
- Location: Lake Buchanan
- Acres: 2.330
- County: Llano County
- Heat/AC: Central, Wall Furnace
- Roof: Metal
- MLS #: 174585
Location
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Contact Information:
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Listing Agent: Jason James, Jesse James Real Estate Ll, 325-423-4415, 325-248-0818 Listing Site, Listing Status: Active
Copyright © 2025 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 6496131 |
| Viewed: | 3 times |
| Added: | Aug 07, 2025 |
| Updated on: | Aug 07, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
