104 Scudder LN #1-8 Active Save Request In-Person Tour Request Virtual Tour
Wimberley,TX 78676
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 5,075 sqft
Price per Sqft $530
Subdivision Cypress Creek Condo
MLS Listing ID 6249528
Bedrooms 1
Full Baths 1
Year Built 1992
Annual Tax Amount $1,382
Tax Year 2024
Lot Size 2.600 Acres
Property Sub-Type Single Family Residence
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.
Location
State TX
County Hays
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Number 1
Fireplaces Type Electric
Exterior
Exterior Feature See Remarks
Fence Partial
Pool None
Community Features Dog Park
Utilities Available Above Ground
Waterfront Description Creek
View Hill Country
Roof Type Metal
Building
Lot Description Landscaped
Foundation Pillar/Post/Pier
Sewer Aerobic Septic
Water Private
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Blue Hole
Middle Schools Danforth
High Schools Wimberley
School District Wimberley Isd
Others
Special Listing Condition Standard