$3,300,000
Accepting Backup Offers

3317 E Hwy 29

Bertram, TX 78605
Browse 10 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Unrestricted income producing property with over 340 feet of frontage on the south side of State Highway 29 near Bertram, TX. Located in the fast-growing area of eastern Burnet County with the most significant growth occurring along highway 29. The “Hometown Watering Hole” bar and grill is located on the property. The bar is currently leased thru December 31st of 2023, is run by the lessee and generates monthly lease income. As per Burnet CAD, the bar was built in 2008 and includes a main area of 5301 sqft, a storage area of 960 sqft and a concrete patio and porch.
The property also includes a 3,000 sq ft (as per owner), 3 bedroom, 3 ½ bath home with ample storage and large concrete patio area. The home needs some cosmetic work.
There are many additional potential commercial uses for this unrestricted property, such as RV park, storage units, RV and boat storage, industrial, retail, etc. Currently under 1-d-1 Ag appraisal held with cattle for low property taxes and low holding cost.
Location: 2.5 miles east of Bertram, 7.5 miles west of Liberty Hill and 40 miles north and west of downtown Austin, TX

  • Property Details
      • Lot DescriptionFlat
    • Measurements
      • Acres33.3
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built2005
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesAbove Ground Utilities, Electricity Connected, Other
      • Sewer InformationSeptic Tank
      • Utility SourceWell
  • Community and Neighborhood Details
      • Subdivisionnone
    • Location
      • CountyBurnet
  • Financial Details
      • Original List Price$3,500,000
      • Taxes Annual$5,098
      • Days on Market (Cumulative)390
  • Other
      • MLS #3393727

Location

Lee EasterReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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