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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,980 sqft
Price per Sqft $295
Subdivision Fitzhugh
MLS Listing ID 6225159
Sold Date 08/09/24
Originating Board actris
Year Built 1982
Annual Tax Amount $7,232
Tax Year 2023
Lot Size 1.707 Acres
Property Description
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!
Location
State TX
County Hays
Zoning No City Zoning Restrictions
Interior
Heating Central
Cooling Central Air
Flooring No Carpet, Slate, Tile, Wood
Fireplace N
Exterior
Utilities Available Electricity Connected, Propane, Water Connected
View Hill Country, Rural
Accessibility None
Total Parking Spaces 6
Building
Story 2
Foundation Slab
Sewer Septic Tank
Water Well
Structure Type HardiPlank Type,See Remarks
New Construction No
Others
Restrictions None
Acceptable Financing Cash, Conventional
Tax Rate 1.51
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Kuper Sotheby's Int'l Realty