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Address Not Available By Request

Dripping Springs, TX 78620
  • $3,999,999
  • STATUS: Active
  • ID#: 4725434
UPDATED: 32 min ago
$3,999,999
  • 0
    BEDS
  • 23.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2016
County:

School Ratings & Info

Property listed by Tara Donahue of Donahue Realty: (512) 751-6580.

Description

PRICED TO SELL; Owner retiring - Profitable Airbnb/Boutique Hotel/Retreat featuring 29 rooms with 13% CAP estimated this year, 16% projected for next year with 2 new cabins, owner's home and event venue re-opening. There are 2 four-bedroom houses (each approx 2280 sf), 17 single-room cabins (ranging from 80-180 sf), 4 luxury villas (336 sf each), RV spaces, outdoor chapel, indoor yoga studio, 4 additional community buildings, decks, custom cut hiking trails, and 3 storage buildings that sit upon this property. Sold fully-furnished (see agent for details). All systems and highly trained retreat staff are in place to make this a profitable and turn key operation from day one. Non-deed restricted land with wildlife tax benefits for lower taxes on the unused part of the land. The sky is the limit with endless possibilities for this magnificent land with some of the best sunset views over the rolling hills you'll ever see! The location cant be beat - 15 minutes into both Lakeway or Dripping Springs, and 30-35 minutes into Austin. Appointment with owner/agent required.

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© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2024-02-25T10:01:06.833.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-02-25T10:01:06.833 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.austintexasresidence.com/homes/141593570
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Address Not Available By Request Dripping Springs, TX 78620

  • Price: $3,999,999
  • Status: Active
  • On Site: Days
  • Updated: 32 min ago
  • ID#: 4725434
0
Beds
0
Baths
0
½ Baths
23.3
Acres
2016
Built
Neighborhood:
A0130 - Hinton Curtis Surv
County:
Hays
Area:
Dripping Springs
Property Description
PRICED TO SELL; Owner retiring - Profitable Airbnb/Boutique Hotel/Retreat featuring 29 rooms with 13% CAP estimated this year, 16% projected for next year with 2 new cabins, owner's home and event venue re-opening. There are 2 four-bedroom houses (each approx 2280 sf), 17 single-room cabins (ranging from 80-180 sf), 4 luxury villas (336 sf each), RV spaces, outdoor chapel, indoor yoga studio, 4 additional community buildings, decks, custom cut hiking trails, and 3 storage buildings that sit upon this property. Sold fully-furnished (see agent for details). All systems and highly trained retreat staff are in place to make this a profitable and turn key operation from day one. Non-deed restricted land with wildlife tax benefits for lower taxes on the unused part of the land. The sky is the limit with endless possibilities for this magnificent land with some of the best sunset views over the rolling hills you'll ever see! The location cant be beat - 15 minutes into both Lakeway or Dripping Springs, and 30-35 minutes into Austin. Appointment with owner/agent required.
Exterior Features

Attached Garage YN No Bays 0 Construction Materials Vinyl SidingSee Remarks Foundation Details See Remarks Garage YN No Other Structures CabanaMobile HomeOutbuildingResidenceSecond ResidenceShed(s)Storage Parking Features On Site Road Surface Type CalichePVD Topography RollingTerraced View Creek/StreamHill CountryPanoramic Waterfront YN No

Interior Features

Building Area Total 8225 Cooling Central AirWall/Window Unit(s) Flooring LaminateNo CarpetVinylWood Heating Central

Property Features

Accessibility Features Accessible Approach with RampCustomized Wheelchair Accessible Additional Parcels YN Yes Building Features AppliancesFurnitureGarden TubPrivate RestroomsStorageStorage TankWasher Connections Current Use Bed & BreakfastHotel/MotelMixed UseResidential Estimated Taxes 11356 Fema Flood Plain No Horse YN No Listing Terms CashConventionalSee Remarks New Construction YN No Property Condition Resale Property Sub Type Hotel/Motel Sewer Septic NeededSeptic TankSee Remarks Special Listing Conditions Standard Utilities Cable AvailableElectricity AvailableInternet-CablePhone AvailableWater Available Water Source Well



© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2024-02-25T10:01:06.833.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-02-25T10:01:06.833 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Watters International
8240 N. Mopac Expressway Suite 110
Austin TX, 78759
Property listed by Tara Donahue of Donahue Realty: (512) 751-6580.