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3 Beds
2 Baths
1,942 sqft

$379,997

5400 Thistle Dr, LEONVALLEY TX, 78238-2415

Price per sqft$195.67
Built in1945
Property size1,942 sqft
Property typeResidential

Overview

Under contract

Ao

Listed Feb 13, 2026

Updated 6 days ago

Frontage exposure from 2 sides on this Prime commercial 1.105 Acre corner commercial lot. Located at the intersection of Thistle Dr and Watercrest Dr, this 1.1046-acre B-2 zoned property offers outstanding visibility, dual street frontage, and flexible development potential in an established residential and commercial corridor. The site is ideally suited for a neighborhood retail strip center of approximately 10,000 to 15,000 square feet, making it an excellent fit for restaurants, medical or dental offices, boutique fitness, personal services, specialty retail, or professional offices. The size and corner positioning allow for efficient parking design, strong storefront exposure, and prominent signage-key elements for long-term business success. The property is being sold for land value; however, it includes a 1,942 square foot home built in 1945 situated on approximately 0.51 acres of the total tract. The home features four bedrooms, two bathrooms, a detached one-car garage, an eat-in kitchen, a den, a separate family room, a laundry room off the kitchen, and three wood-burning fireplaces. For a buyer who sees opportunity beyond redevelopment, the existing structure offers potential for refurbishment and adaptive reuse as a professional office, boutique studio, or other approved commercial use under B-2 zoning. It also presents a strategic option for phased development, allowing an owner to utilize or lease the home while planning future commercial improvements on the remainder of the property. Whether you envision developing a neighborhood retail center, establishing your own flagship location, or leveraging the existing structure for immediate use while holding for future growth, this property offers flexibility, scale, and long-term upside. Corner commercial sites of this size with multiple pathways to value are increasingly rare in Leon Valley.

$2,528/mo

Est. mortgage payment based on a $379,997 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1941278

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Basement
No

Exterior Features

Lot Size
1.11 Acres

Other Property Details

Taxes
$3,899
Tax Frequency
Annually
MLS provider logo

Courtesy of Randy Elgin, Keller Williams Legacy

Listing Contact: (210) 482-3200

Source:  ©2026 Local Expertise Regional Access

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Local Expertise Regional Access®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Copyright © [[year] Local Expertise Regional Access®. All Rights Reserved.

Data last updated 3:26 AM UTC, 9/17/2026

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