Commercial: MLS #4725434 Dripping Springs, TX $ 3,999,999
Commercial: MLS #4725434
$ 3,999,999
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Commercial: MLS #4725434

Dripping Springs, TX, 78620
$ 3,999,999
Baths0.0 Sq 8,225

Monthly Estimate*

$ 27,941

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Studio

Commercial Property for sale in Dripping Springs, TX

for $3,999,999. This 8,225 square foot building was built in 2016 on a lot size of 23.3.

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.

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Commercial Active

Price

$ 3,999,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,356

Style

Hotel/Motel

Lot Size

23.3

Year Built

2016

Town/City

Dripping Springs

County/Region

Hays

MLS | Web ID

4725434

Features
General
Sewer Septic Needed Septic Tank See Remarks
Heating Central
Cooling Central Air Wall/Window Unit(s)
Utilities Cable Available Electricity Available High Speed Internet Phone Available Water Available
Zoning none
Security Features Security Gate Smoke Detector(s)
Construction Materials Vinyl Siding See Remarks
Year Built 2016
View Creek/Stream Hill Country Panoramic
Topography Rolling Terraced
Property SubType Hotel/Motel
Tax Year 2017
Current Use Bed & Breakfast Hotel/Motel Mixed Use Residential
Accessibility Accessible Approach with Ramp Customized Wheelchair Accessible
County Hays
Net Operating Income 360000
Operating Expense 261000
New Construction N
Property Type Commercial Sale
Energy Efficient Other/See Remarks
Subdivision Name A0130 - Hinton Curtis Surv
Building Features Appliances Furniture Garden Tub Private Restrooms Storage Storage Tank Washer Connections
Green Sustainability See Remarks
Other Structures Cabana Mobile Home Outbuilding Residence Second Residence Shed(s) Storage
Status Active
Directions From Hamilton Pool take Bell Springs Rd. Property approx 1/2 mile on right.
City Dripping Springs
Disclosures Owner/Agent
MLS Area HD
Lot Size Square Feet 1014948
Waterfront Y/N N
Street Name Bell Springs
Property Condition Resale
Additional Parcels Y/N Y
Leasable Area 7325
Lease Type See Remarks
Standard Status Active
Year Built Source Owner
Tax Assessed Value 998140
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Interior
Flooring Laminate No Carpet Vinyl Wood
Street Suffix RD
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features On Site
Water Source Well
Total Parking 50
Foundation Details See Remarks
Number of Buildings 25
Building Area Total 8225
Lot Size Acres 23.3
Road Surface Type Caliche PVD
Lot Size Source Survey
Other Equipment See Remarks
Horse Y/N N
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Internal Only
Street Number 1 806
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* Excluded Features
List By
Tara Donahue

Listing Agent

Donahue Realty

Broker

realtortara@hotmail.com

Email

Affordability Calculator

$28,888
Per Month
97%
3%
0%
Monthly Principal & Interest
$27,941
Monthly Property Taxes
$946
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/29/2023$3,999,999 -4.76% Price Down
10/11/2023$4,200,000 -1.18% Price Down
9/10/2023$4,250,000 -5.56% Price Down
8/28/2023$4,500,000 -10.00% Price Down
7/31/2023$5,000,000 -9.09% Price Down
7/18/2023$5,500,000 Listed Price

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