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eReal Estate Depot
104 Scudder Ln Unit 1-8, Wimberley, TX 78676
- $2,690,000
- 1
- BD
- 1
- BA
- 5,075
- SqFt
- List Price
- $2,690,000
- Status
- ACTIVE
- Days on Market
- 586
- MLS#
- 6249528
- Subtype
- Residential
- Year Built
- 1992
- Bedrooms
- 1
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 5,075
- Lot Size
- 113,256
- Acres
- 2.60
- Subdivision
- Cypress Creek Condo
- Neighborhood
- Cypress Creek Condo
- MLS Area Major
- Comal/Guadalupe/Gonzales, Dripping Springs/Wimberley, Gillespie/Blanco, Kyle/Buda/San Marcos
Property Description
Turnkey investment featuring eight fully remodeled cottages on a landscaped 2.6-acre parcel in Wimberley. Property includes five 1BR/1BA and three 2BR/1BA cottages, all operated as high-performing short-term rentals. Average annual NOI of $214,733 (CPA-verified, 5-year average) with a cap rate of ~8%. Includes all land, improvements, FF&E, business infrastructure, and recent major upgrades. No city or ETJ restrictions, hotel taxes, or big box competition. On-site amenities include dog park, fire pit, open-air pavilion, direct water access easement to Cypress Creek, and ample parking. Flexible management: self-operate, outsource, or lease. Strong repeat guest base, robust direct booking (90% direct booking /10% OTA), and professional marketing assets. Owner financing and 1031 exchange eligible. Supporting docs available.
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Additional Information
- Amenities
- See Remarks
- Interior Features
- See Remarks
- Exterior Features
- See Remarks
- Taxes
- $1,382
- Appliances
- See Remarks
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Wood Siding
- Stories
- 1
- Levels
- One
- Roof
- Metal
- School District
- Wimberley ISD
- Elementary School
- Blue Hole
- Middle School
- Danforth
- High School
- Wimberley
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Listing courtesy of Congress Realty, Inc.. Contact: (888) 881-4118
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