— bed, — bath on 0.98 acres in Blanco. Blanco, TX 78606. $1,275,000.
About This Home
Reduced and Priced to Sell! Escape the city to the heart of the Texas Hill Country with this fully renovated and highly visible commercial property on HWY 281 in Blanco, TX. The Shops at Blanco features 17 flexible retail and office suites, offering a rare opportunity for boutique shops, service-based tenants, galleries, tasting rooms, or experiential retail concepts. Currently 78% occupied with a diversified tenant mix.
In addition to the main building, the property includes a separate two-story structure that can serve as additional retail space, office use, live/work units, or short-term rental/Airbnb accommodations, providing exceptional versatility for an owner-user or investor.
Located just five blocks from Blanco’s vibrant downtown square and within walking distance to Real Ale Brewing, Milam & Greene Whiskey, and Oro Bianco Gelato, the property benefits from strong local draw and growing regional tourism. Its prime highway frontage offers excellent visibility and steady traffic exposure along a key corridor experiencing significant growth.
The landscaped grounds span approximately 0.98 acres and can be utilized for community events; market days, music and customer gatherings. The property has been extensively renovated with $1,200,000+ in improvements in 2023–2024, blending historic Texas character with modern functionality. Broker Owner, call for additional details. Additionally the rear of the property is also available for Buyer to obtain control of an entire city block!
On Highway 281 in Blanco, 902 Main Street represents a rare opportunity to own a fully renovated commercial resort that functions as both a destination and a revenue-generating asset. This 0.983-acre property was reimagined from a historic boutique motel into 17 flexible retail and office units, each positioned to capture the steady stream of visitors flowing through Blanco County.
The main building showcases the bones of Texas Hill Country character, dating to 1936 with substantial modern updates completed in 2023-2024 that total over $1.2 million in improvements. Two stories of brick and block construction house the flexible unit mix, with concrete and tile flooring designed for high-traffic commercial use. The separate two-story structure on the property extends the opportunity to tenants seeking retail, office, live-work combinations, or short-term rental operations.
Location determines value in commercial real estate, and this property occupies one of Blanco's most strategic positions. Five blocks from the Blanco Square, the property sits within walking distance of Real Ale Brewing, Milam & Greene Whiskey, and Oro Bianco Gelato. Highway 281 frontage delivers consistent visibility and traffic exposure along a corridor experiencing measurable growth in regional tourism and local commerce. The landscaped grounds spanning nearly an acre accommodate community events, market activations, and customer gatherings that deepen tenant appeal and property performance.
The tenant mix possibilities reflect Blanco's positioning as a destination community. Boutique retail, service-based businesses, galleries, tasting rooms, and experiential concepts all find their audience here. Owner-users seeking consolidated space can occupy multiple units, while investors benefit from the diversified income model across a stable of tenants. The property's versatility means it serves markets ranging from local foot traffic to regional visitors exploring the Hill Country.
For buyers evaluating Blanco commercial real estate, 902 Main Street delivers what most properties cannot: established highway visibility, proximity to complementary businesses and attractions, and a physical plant already positioned for the highest-and-best uses in this market. The $1.2 million renovation represents completed capital investment, removing execution risk. This property is move-in ready for either operating business or investor deployment.
The numbers behind this insight
- Offered at
- $1,275,000
- Listed
- June 1, 2026
- Price changes
- Reduced, down 27.1% from $1,750,000
- Property Type
- Commercial Sale
- Year Built
- 1986
- Lot Size
- 0.98 acres
Listing information last updated October 6, 2026.
Listed by EXP Marketing Group
MLS# 1855593 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Concrete
- Tile
- Vinyl
- Heating
- Central,Electric,Wall Furnace
- Cooling
- Ceiling Fan(s),Ductless,Multi Units,Wall/Window Unit(s)
Exterior & Lot
- Block
- Brick
- Slab
- Lot Size
- 0.98 Acres
- Stories
- 2
- Asphalt
Financial
- Original List Price
- $1,750,000
Utilities
- Electricity Connected
- Phone Connected
- Propane
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 902 Main ST, whoever represented it.
- ActiveListed 2026Current price: $1,275,000Original list: $1,750,000MLS 1855593
- Listed · June 1, 2026$1,750,000
- Price changed · July 8, 2026$1,595,000
- Price changed · October 6, 2026$1,275,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,275,000
- Original list
- $1,750,000
- Price movement
- $475K reduction
- Listed / DOM
- Jun 1, 2026 · 142 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $415,536
- Assessment Year
- 2025
- Year Built
- 2023
- Parcel ID
- R-14-1145-010G-0025
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-10.9% | — | $370,260 | $77,000 | $293,260 |
2025 | — | $415,536 | $65,224 | $350,312 |
20% ($255K)
Adjustable assumption - not a lending recommendation.
$1,275,000
Luxury property intelligence
Keenan Market Position
A sourced read on Blanco pricing, timing, and property scale. No automated valuation claim.
List price
$1,275,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
142 days
Original to current
$475K reduction
$1.8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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