$1,150,000 Est.$4,235 / mo.*

501 York Creek Road Driftwood , TX 78619


6 Beds
4 Baths
1,623 Sqft
421,487 Sqft lot
9.68 Acre lot
Status: Active
Property Type: Other
Year Built: 1999
Neighborhood: Rolling Oaks Sec 3
Days on Website: 47
This property is four separate residences known by many as Saving Grace Getaway which has been an extremely successful rental property. It began as a holiday rental 4/1/2016 and transitioned to long term rentals in 4-1-2019. It has consistently enjoyed 5 Star ratings on Home Away, Air B+B, Wimberley Lodging etc. It has been producing steady, reliable income since its inception and continues to do so today. The houses and out buildings are situated in a slow bend of York Creek with beautiful views of the rock bluff on the opposite side of the creek. The compound is nestled in a lush, tree covered yard area settled on the inside of the bend. To the west of the fenced yard are approximately 6 acres of beautiful, cleared bottomland (9.676 total acres). It’s located in the highly desirable and unrestricted subdivision of Rolling Oaks, midway between Kyle and Wimberley where real estate is rarely available. Convenient to Austin, San Marcos, and San Antonio, yet situated in the back of the subdivision in a very quiet and peaceful setting, this would be a great place to call home. The owner has lived here for 40 years, and the level of care and personal investment is clearly reflected in the details and overall aesthetics of the property. The naturally beautiful landscape combines with careful development choices to create a truly one-of-a-kind residential rental income producing property. The property includes a myriad of improvements such as storage buildings, garden, greenhouse, shop area, rainwater collection systems and is completely fenced with separate yard areas. Of the 4 residential units, three are currently leased until 3/1/2022 (6 months) and the fourth vacates 11/6/2021. All appliances convey. For more detailed information on the property and its many improvements see “ Property Details” in the documents section of this listing. This property is subject to a 7 day First Right of Refusal.

Property Details and Features

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Winkler & Company Realtors, Menley Group