Dripping Springs , TX 78620

Property listed by Donahue Realty 512-751-6580 {attribution_contact}

Description

8,225 Sqft
1,014,948 Sqft lot
23.30 Acre lot
Status: Active
Property Type: Hotel/motel
Year Built: 2016
Days on Website: 301
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.

Open House

Property Details and Features

Contact an Agent

Winkler & Company Realtors, Menley Group

512-281-3336

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