12821 River RD, New Braunfels, TX 78132 (MLS # 8622440)

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PRICE $1,450,000 dsIDX morgage calculator
SIZE 5,640 sqft
LOT SIZE 1.25 ac

Own a piece of Historic River Road, an opportunity like this doesn't come along very often! Income-producing short-term rental Tipi (teepee) resort offering 9 cabins, 2 bath houses, on-site office and laundry facility. Guadalupe River access is offered to guests on an unrestricted access easement down the walking trail to the river. A wooden deck overlooks the river with seating for guests to relax, swim, fish or just hang out. The units rent year-round and maintain a very high star rating on all vacation rental channels. Rents vary from $119-299 per night based on season, cleaning and maintenance teams in place for new owner to utilize. All furniture, resort-related inventory, tools/equipment, merchandise and supplies convey with accepted offer. Eight of the units are teepee cabins (insulated and air conditioned) and one is a small self-contained cabin on stilts with a large private deck. The small cabin has an indoor bathroom and the remaining 8 cabins have two bath houses with 4 full bathrooms each. Each teepee offers a firepit, outdoor seating and a 24" permanent charcoal BBQ grill. The small cabin offers outdoor seating and a propane grill. A small sales office houses the laundry facility, resort inventory and supplies. A small supply shed and all the outdoor games (ping pong, tetherball & volleyball) convey as well! Located between 3rd & 4th Crossing at a very scenic and desirable section of the Guadalupe River, the well-established business and property are just waiting for a new owner to bring their energy and creativity to this unique business venture! All existing & future reservations in place will convey. Total occupancy of the property is 50 guests, branding and marketing materials will convey if desired.

LAST UPDATED 4/14/2024 TRACT NA
YEAR BUILT 2014 COMMUNITY NA
COUNTY Comal STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Apr 14, '24 $1,599,000
Apr 14, '24 - Today $1,450,000


ADDITIONAL DETAILS
AIR Ductless, Electric
AIR CONDITIONING Yes
AREA CM
BUYER'S BROKERAGE COMPENSATION 3.000
CONSTRUCTION Concrete, Frame, See Remarks
HEAT Ductless, Electric
LOT 1.247 acre(s)
LOT DESCRIPTION Level
PARKING Additional Parking, Assigned, Circular Driveway, Gravel, On Site, Open, Private, Side By Side
SEWER Aerobic Septic
SUBDIVISION NA
TAXES 9664.12
UTILITIES Cable Available, Electricity Connected, Phone Available, Propane, Water Connected
VIEW Yes
VIEW DESCRIPTION Rural, Trees/Woods
WATER Public
ZONING Unrestricted
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Property listed by Stu McMullen, iRealty TX
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/2/24 2:43 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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This IDX solution is (c) Diverse Solutions 2024.