7400 McGregor Ln - Hospitality FOR SALE


Dripping Springs, TX 78620- Hill Country
$4,000,000 USD
512-809-5447
7400 McGregor Ln, Dripping Springs, TX for Sale
$4,000,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

7400 McGregor Ln
Dripping Springs, TX 78620
Hill Country


HIGHLIGHTS

  • 11 total units, $357.63 avg nightly rate, 31.3% occupancy, $112 REVPAR; 210 5-star reviews on Google, 236 5-star reviews on Facebook
  • 13-acre destination lodging property featuring 11 rental units with diverse configurations.
  • Located 10 miles from downtown Dripping Springs, a leading wedding and event destination.
  • Resort-style amenities include an outdoor pool, hot tub, bonfire pit, large event space, and playground.
  • Exceptional reputation with #1 specialty lodging ranking and over 440 combined 5-star reviews.
  • Positioned near Bee Cave and the Hill Country Galleria, expanding retail and leisure draw.

OVERVIEW

Hill Country Casitas presents a unique investment opportunity in the Texas Hill Country as it is ideally suited for wellness center or mental health treatment program along with the established lodging property. This 13-acre boutique retreat caters to short-term rental and destination retreats and events, offering 11 well designed units with multiple configurations, including two-bedroom, one-bedroom, studio, and flex layouts. The property capitalizes on Dripping Springs' reputation as the "Wedding Capital of Texas" with over 1,000 destination weddings annually. We invite you to think outside the box of all the different opportunities that could be incorporated into the property. Guests enjoy an exceptional on-site experience, underscored by positive reviews and a strong reputation, delivering consistent RevPAR performance. Resort style amenities include an outdoor pool and hot tub, spacious event facilities, a bonfire pit, and playground - all positioned to host groups, weddings, and leisure travelers seeking an authentic Hill Country escape. With a strong foundation of 446 combined 5-star reviews and ranked #1 speciality lodging in the area, Hill Country Casitas offers buyers immediate brand equity and upside potential through marketing expansion, occupancy growth, and event-driven revenue streams.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$447 USD /SF

# OF ROOMS

11

PRICE/ROOM

$363,636 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hill Country Casitas

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2016

PARKING SPACES

-

LAND DETAILS

LAND ACRES

13.38 AC

LAND SF

582,929 SF

ZONING

Unrestricted

APN/PARCEL ID

R144870

ASK ABOUT THIS PROPERTY

Bryan McLaneMcLane RealtyMore Info
512-809-5447

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Bryan McLaneMcLane RealtyMore Info
512-809-5447

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