931 SYCAMORE CREEK DRIVE, DRIPPING SPRINGS, TX 78620

Homes for sale in Dripping Springs.

Homes for sale in 78620.


Active

List Price$1,239,000

931 Sycamore Creek Drive

Dripping Springs, TX 78620

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #6078958

3,980

Square Feet

Commercial

Type

About This Property

Discover an unparalleled investment opportunity nestled in the picturesque heart of Dripping Springs, Texas, offering an exquisite income-producing retreat. This expansive property features a unique collection of eight distinct units, providing a rare chance to own a fully operational short-term rental compound. Guests are invited to immerse themselves in the breathtaking panoramic vistas of the Texas Hill Country, experiencing tranquility and natural beauty. The estate comprises four charming cabins, three stylish tiny homes, and a spacious three-bedroom, two-bathroom manufactured home ideally situated at the property's entrance. This arrangement offers flexibility for an on-site owner, a dedicated property manager, or as an additional source of rental income. Each rental unit is meticulously designed, boasting modern amenities, comfortable furnishings, and welcoming outdoor areas, perfect for unwinding and enjoying the serene landscape. Guests can savor peaceful mornings on private porches and witness unforgettable sunset views, ensuring an authentic Texas escape with every stay. The thoughtful layout ensures both privacy and versatility, catering to individual rentals, group gatherings, weddings, or special events. With abundant space, mature trees, and potential for further expansion, this property effortlessly merges a desirable lifestyle with a robust investment. Located just a short drive to Pedernales Falls, and mere minutes from renowned wineries, breweries, and popular wedding venues. 931 Sycamore offers convenient access to all the attractions Dripping Springs has to offer, while retaining a secluded, true getaway ambiance. This turnkey opportunity in one of Central Texas' most coveted destinations promises significant income, undeniable charm, and boundless possibilities, whether expanding an investment portfolio or creating a personal Hill Country haven.

Property Features

Location Information

County

Hays

Subdivision

Creekside Add

County

Hays

Directions

Hwy 290 W. - Turn North on Hays Co. Rd 187 (McGregor Lane) approx. 3 miles to second stop sign - turn left on Hays Co. Rd 101 (Fitzhugh Rd) - approx. 1 mile at stop sign keep left on Sycamore Creek - approx. 1-2 miles see sign on left .

Area

HD

Interior Features

Heating

Central, Ductless, Varies by Unit

Disabled Features

None

Floors

Laminate, Wood

Accessibility

None

Exterior Features

Style

See Remarks

Lot Size in Acres

4

Is New Construction

No

Zoning

Mixed. 1.5 acres F1 Comme

Construction/Exterior

See Remarks

Buildings

8

Foundation

See Remarks

Road Description

Dirt, Gravel

Possession

Closing & Funding

Has Waterfront

No

Water / Sewer

Septic Tank

Has View

Yes

Water

Well

View

Hills

Parking Description

Outside

Is One Story

Yes

Topography

Rolling

Additional Information

Other Utilities

Electricity Connected, Other, Sewer Connected, Water Connected

APN

4 Acres out of Lot 3A-1

Property Type

COM

Status

Active

Property SubType

Hotel/Motel

Documents Available

Lease, Rent Rolls, Survey

Year Built

2000

Similar Listings

Mortgage Calculator

$5,785

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,464

Monthly Tax

$1,032

Monthly Insurance

$289

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.

Schools

Walk Score

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