About 4951 Fm 1283
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!
Features of 4951 Fm 1283
| MLS® # | 1972993 |
|---|---|
| Price | $650,000 |
| Square Footage | 20,000 |
| Acres | 1.05 |
| Year Built | 1997 |
| Type | Commercial |
| Sub-Type | Multi-Use |
| Status | Active |
Community Information
| Address | 4951 Fm 1283 |
|---|---|
| Area | 2400 |
| City | Pipe Creek |
| County | Bandera |
| State | TX |
| Zip Code | 78063 |
Amenities
| Amenities | Exterior Lighting, Fenced Storage Yard, Inside Storage, Outside Storage, Living Area, Public Restroom, Security Fence, Security Lighting, Controlled Access |
|---|---|
| Utilities | Electricity, Water, Septic, Other |
| Parking Spaces | 65 |
Interior
| # of Stories | 0.0 |
|---|
Exterior
| Roof | Metal |
|---|---|
| Construction | Wood, Metal, Metal Structure |
School Information
| District | Bandera Isd |
|---|
Additional Information
| Date Listed | June 5th, 2026 |
|---|---|
| Days on Market | 100 |
| Zoning | UNRESTRICTED |
| Short Sale | No |
Listing Details
| Agent | Thomas Martinez |
|---|---|
| Office | Leverage Realty Consulting Group |
| Contact Info | (210) 878-6683 |