12932 Nutty Brown Rd - Residential Income FOR SALE


Austin, TX 78737
$2,700,000 USD
512-342-1800
12932 Nutty Brown Rd, Austin, TX for Sale
$2,700,000 USD
Residential Income - FOR SALE
1/16
null | Request Cap Rate

12932 Nutty Brown Rd
Austin, TX 78737


HIGHLIGHTS

  • 537 feet of frontage on Nutty Brown Rd
  • 6.28 acres Minimal Restrictions
  • Income-producing AirBnb

OVERVIEW

Five home compound/income producing property in Dripping Springs, Texas.  Currently, an AirBnb short term rental site, this property features five separate homes; four with their own private, fenced-in yard. Few zoning restrictions allow for future improvements and expansion on a large, 6.28 acre lot with approximately 10,000 square feet of rentable space with a total of 16 beds and 9 baths, plus an expansive workshop. Each home can be individually rented year-round. The compound includes a functioning water well and direct connection to city water, as well as three septic systems and three propane tanks. Property features over 500 linear feet of Nutty Brown Road frontage and proximity to a new regional grocery store just minutes away.  Compound sits in the heart of the "Wedding Capital of Texas".  Truly, a one-of-a-kind investment opportunity. Call today for a private showing.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$278 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.28 AC

LAND SF

273,557 SF

ZONING

None

APN/PARCEL ID

R18201

ASK ABOUT THIS PROPERTY

Gregg SellersHorizon RealtyMore Info
512-342-1800

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Gregg SellersHorizon RealtyMore Info
512-342-1800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.