89 OLOLO LN, FREDERICKSBURG, TX 78624
Homes for sale in Fredericksburg.
Homes for sale in 78624.
89 Ololo Ln
Fredericksburg, TX 78624
List Price$1,500,000
Listing #1795683
Commercial
Type
About This Property
Welcome to Ololo, a natural sanctuary just miles from Downtown Fredericksburg, where four beautifully appointed cabins are thoughtfully situated around a magical, giant cedar tree. These income-producing short-term rentals were built in 2020 and have been successful from day one. Behind the private, gated entrance, visitors find the peace that comes with acreage & seclusion. Each unit includes a bedroom, bathroom with tile shower, a private hot tub, outdoor shower, and a front porch with seating. Every cabin is unique, eclectically decorated, luxuriously appointed, and all furnishings can convey. Professionally managed by Heavenly Host and ready for turnkey investment, the business includes two maintenance buildings that make housekeeping & management a breeze. Ololo sits on 6 acres of unrestricted land giving the new owner the ability to add more cabins, RV slips, sports court and other amenities or your dream house. Dedicated well and septic. Additional adjacent acreage and a historic 4,100-SF Pioneer rock house are also available for sale. Just 2.6 miles from the Gillespie County Airport (T82) with a 5,000 ft. long runway. Financials available upon request after client has seen the property.
Listing Courtesy of Adrianne Frost, Phyllis Browning Company (210) 627-1000
Property Features
Location Information
County
Gillespie
MLS Area
3100
Exterior Features
Construction
Other
Utilities
Electricity, Water, Septic, Cable TV
Foundation
Slab
Lot Size in Sq. Ft.
2,100
Roof
Metal
Zoning
0
Water Supplier
Well
Loading Facilities
None
School
School District
Fredericksburg
Additional Information
Property Type
COM
Status
Active
Property SubType
Hotel/Motel
Similar Listings
Mortgage Calculator
$7,005
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,405
Monthly Tax
$1,250
Monthly Insurance
$350
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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