Dripping Springs, TX 78620 (MLS # 4725434)
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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 can't be beat - 15 minutes into both Lakeway or Dripping Springs, and 30-35 minutes into Austin. Appointment with owner/agent required.
| LAST UPDATED | 11/29/2023 | TRACT | A0130 - Hinton Curtis Surv |
|---|---|---|---|
| YEAR BUILT | 2016 | COMMUNITY | A0130 - Hinton Curtis Surv |
| COUNTY | Hays | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Jul 31, '23 | $5,500,000 |
|---|---|
| Jul 31, '23 - Aug 28, '23 | $5,000,000 |
| Aug 28, '23 - Sep 9, '23 | $4,500,000 |
| Sep 9, '23 - Oct 11, '23 | $4,250,000 |
| Oct 11, '23 - Nov 29, '23 | $4,200,000 |
| Nov 29, '23 - Today | $3,999,999 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | HD |
| BUYER'S BROKERAGE COMPENSATION | 2.000 |
| CONSTRUCTION | See Remarks, Vinyl Siding |
| HEAT | Central |
| LOT | 23.3 acre(s) |
| LOT DESCRIPTION | Rolling Slope |
| PARKING | On Site |
| SEWER | Septic Needed, Septic Tank |
| SUBDIVISION | A0130 - Hinton Curtis Surv |
| TAXES | 11356 |
| UTILITIES | Cable Available, Electricity Available, Phone Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Creek/Stream, Panoramic |
| WATER | Well |
| ZONING | none |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Tara Donahue, Donahue Realty
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 4/27/24 8:19 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Information being 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.
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