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Dripping Springs, TX 78620
Owner is retiring and selling this beautiful and profitable Boutique Hotel/Airbnb rental cabins + outdoor wedding venue. Estimating a 12% CAP rate this year with possibility for 15% next year after finishing projects for 2023! Retreat cabins are on approx 8 acres plus there is an additional 15 unused acres for a total of just over 23 acres of prime hill land which includes a wet weather creek, spectacular views, cut trails, more! Run the retreats, live in one of the homes on site or build your dream home in the back and enjoy the amazing views... so much possibility! There are 2 four-bedroom houses (each approx 2280 sf), 15 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). 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 can’t be beat - 15 minutes into both Lakeway or Dripping Springs, and 30-35 minutes into Austin. Appointment with owner/agent required.
Listed by Donahue Realty
| MLS ID | ACT4593150 | |
| Status | Active | |
| Days Active | 1007 | |
| Est. Tax | N/A | |
| Lot Size | 23.3 | |
| Year Built | 2016 | |
| Total Bedrooms | 4 | |
| 1st Floor Bedrooms | 4 | |
| Full Baths | 2 | |
| Half Baths | 1 | |
| Square Feet | 2,281 | |
| Price Per SqFt | $1,841.30 | |
| Garage Spaces | 0 | |
| Fireplace(s) | 2 | |
| Fireplace Info | Electric, Living Room, Wood Burning | |
| Flooring | Laminate, No Carpet, Vinyl, Wood | |
| Stories | One | |
| Pool | Yes | |
| Courtesy of | Donahue Realty (512) 751-6580 | |
| Subdivision | A0130 - Hinton Curtis Surv | |
| City | Dripping Springs | |
| County | Hays | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | Metal | |
| Construction | HardiPlank Type, Vinyl Siding, See Remarks | |
| Foundation | See Remarks | |
| Fencing | Wood | |
| Elementary School | Dripping Springs |
| Middle School | Dripping Springs Middle |
| High School | Dripping Springs |
| Appliances | Built-In Electric Oven, Built-In Electric Range, Cooktop, Dishwasher, Microwave, Washer/Dryer | |
| Heating | Central | |
| Cooling | Central Air, Wall/Window Unit(s) | |
| Exterior Features | Private Entrance, Private Yard, RV Hookup | |
| Lot Features | Back Yard, Front Yard, Many Trees | |
| Community Features | None | |
| Patio Features | Deck | |
| Structures | Cabana, Mobile Home, Outbuilding, Residence, Second Residence, Shed(s), Storage | |
| Interior Features | Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Granite Counters, Laminate Counters, Electric Dryer Hookup, Entrance Foyer, Kitchen Island, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Washer Hookup | |
| Courtesy of | Donahue Realty(512) 751-6580 | |
| Fencing Features | Wood | |
| Parking Features | Driveway | |