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Property listed by KW-Austin Portfolio Real Estate 512-901-9600 {attribution_contact}
Description
INVESTMENT GEM!! Lean in residentially or commercially. NO RESTRICTIONS. This would make a great compound, air bnb, office rental, event space, rehearsal dinner space, restaurant, tasting room, lodging, or more. It also has an unfinished warehouse on one side of the property that could be its own separate income producing venture or rental. Or live on one side and do a business or rental on the other! Truly a one-of-a-kind property (with many designer upgrades) and located right in the heart of the burgeoning Fitzhugh Rd area with breweries, wineries and restaurants. There is also a large scale luxury spa going in down the road and a proposed music venue (which if approved), there will be even further (and substantial) commercial value potential. It sits on just under 2 unrestricted acres and includes 3 strategic entrances, making it easily accessible and allowing for flexibility with more than one business or entrepreneurial idea on site. This property features a home that has four bedrooms plus an additional office space with its own private entrance plus a two car garage that could also be converted. The 2 sided steel-framed unfinished warehouse on the property is an adaptable structure for a variety of uses – such as an innovative venue, additional workspace, storage area, lodging, restaurant or food trailer park. Note: The main house could easily support or compliment these ventures as well. There is room to add on in misc areas or split the property into two different (income producing) investments. Think more lodging, structures, pool, parking, etc! Fitzhugh Rd has a dynamic and investment rich future ahead. Proximity to key amenities, major thoroughfares and the vibrancy of the local business landscape further solidify the appeal of this opportunity. Hays county (not Travis). No permits required to build out! This is outside the ETJ and again, no restrictions. A must see!
Property Details and Features
Appliances & Equipment
- Built-In Electric Oven
- Built-In Refrigerator
- Down Draft
- Dryer
- Dishwasher
- Exhaust Fan
- Disposal
- Wine Refrigerator
- Washer
Bathrooms
- 1 half bathroom
- 2 full bathrooms
- 3 total bathrooms
Bedrooms
- 5 total bedrooms
- 4 bedrooms on main level
Building
- Built in 1982
- Stories: 2
- HardiPlank Type
Disclosures
- Seller Disclosure
Exterior Features
- No Exterior Steps
- Private Yard
Fence
- Full
Fireplaces
- 1 fireplace
Floors
- Slate
- Tile
- Wood
Foundation
- Slab
Garage
- 3 garage spaces
Heating
- Central
Interior Features
- Ceiling Fan(s)
- Separate/Formal Dining Room
- Double Vanity
- Entrance Foyer
- Eat-in Kitchen
- French Door(s)/Atrium Door(s)
- High Ceilings
- Interior Steps
- Multiple Living Areas
- Multiple Dining Areas
- Open Floorplan
- Pantry
- Recessed Lighting
- Soaking Tub
- Track Lighting
- Walk-In Closet(s)
Laundry
- In Hall
Listing
- Listed on 2024-03-21
Location
- County: Hays
- Subdivision: Fitzhugh
Lot
- 1.707 acres
- Area: 1.707
- Back Yard
- Corner Lot
- Front Yard
- Moderate Trees
- Native Plants
Parking
- 3 covered spaces
- Attached
- Driveway
- Garage Faces Front
- Garage
- Gated
- Kitchen Level
- Off Street
- Private
- RV Access/Parking
- Secured
Possession
- Closing & Funding
Property
- Resale
- Horse property
- Hills
- Rural
Roof
- Metal
Schools
- Elementary School: Dripping Springs
- Elementary School District: Dripping Springs ISD
- Middle School: Dripping Springs Middle
- Middle School District: Dripping Springs ISD
- High School: Dripping Springs
- High School District: Dripping Springs ISD
Sewer
- Septic Tank
Taxes
- Annual Amount: $7,232
- Year: 2023
Utilities
- Electricity Connected
- Propane
- Water Connected