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!
| Price | $990,000 |
|---|---|
| Bedrooms | 5 Beds |
| Bathrooms | 2 Full | 1 Partial Baths |
| Year Built | 1982 |
| Property Type | Single Family |
| Listing # | 6101219 |
| Status | Active Under Contract |
| County | Hays |
| Listing Type | For Sale |
| Property Taxes (Annual) | $7,232 |
| Square Feet | 2,980 |
|---|---|
| Floors | No Carpet, Slate, Tile, Wood |
| Heating and Cooling | Central, Central Air |
| Foundation | Slab |
|---|---|
| Roof | Metal, See Remarks |
| Garage | Attached, Driveway, Garage, Garage Faces Front, Gated, Kitchen Level, Off Street, Private, RV Access/Parking, Secured |
| Lot Size | 1.71 acres |
| Pool | None |
| MLS Area | HD |
|---|---|
| Measurement Source | Owner |
Courtesy of Sharon Morgan and Zane Collins, KW-Austin Portfolio Real Estate512-431-9482
Based on information submitted to the MLS GRID as of 7/2/2024 9:54 PM. 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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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.
