Active

806 Bell Springs RD

Dripping Springs TX, 78620

$3,999,999


$486.32 per sqft

Active

8,225 sqft

Commercial

Built in 2016

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.

4725434

MLS ID

July 18, 2023

Listed

February 15, 2024

Updated

Map

806 Bell Springs RD
Dripping Springs TX, 78620

Interior Features

Floor Description

Laminate, No Carpet, Vinyl, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

23.3 Acres


Sewer

Septic Needed, Septic Tank, See Remarks

Other Property Details

Area Name

HD


Garage

No


Parking

On Site


View

Yes


View Description

Creek/Stream, Hill Country, Panoramic


County

Hays


Water Source

Well


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

11/29/2023

Price Change

$3,999,999

-5%

10/11/2023

Price Change

$4,200,000

-2%

9/10/2023

Price Change

$4,250,000

-6%

8/28/2023

Price Change

$4,500,000

-10%

7/31/2023

Price Change

$5,000,000

-10%

Courtesy of Donahue Realty

Listing Contact: (512) 751-6580

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Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 7:11 PM UTC, 2/15/2024

 

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