Waterfront Cottages Turnkey Investment
For Sale
$2,190,000
107-109 Scudder Ln, Wimberley, TX 78676
Turnkey waterfront investment with four fully remodeled cottages.
Property Size2,250 SF
Lot Size1.15 Acres
Days on Market267
Property Features for 107-109 Scudder Ln
General Information
Standard status
Active
Size
2,250 SF
Lot size
1.15 Acres
Property subtype
Investment
Building Details
Building Size
2,250 SF
Year Built
1989
Stories
1
Units
4
Listing Agency:
CONGRESS REALTY
(888) 881-4118
Listed By:
Jared English · License #0561973
(888) 881-4118
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 17
Last Checked: Aug 21 at 11:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CONGRESS REALTY
Investment Insights
Based on property information with market context.
This is a turnkey waterfront investment opportunity featuring four fully remodeled cottages located on Cypress Creek. Each cottage includes a private hot tub, deck, and full kitchen. The units are operated as highly successful short-term vacation rentals, delivering an average ~7% cap rate and $131,610 average NOI (CPA-verified, 5-year average). The sale includes all land, improvements, FF&E, business infrastructure, and major recent upgrades. There are no city or ETJ restrictions, hotel taxes, or big box competition. Wimberley is a prime destination for year-round leisure guests. Flexible management options include self-operation, outsourcing, or leasing. The property benefits from a high repeat guest rate and a robust direct booking model (90% direct bookings, 10% OTAs). Marketing assets are available.
Key Highlights
- Turnkey waterfront investment property with four fully remodeled cottages.
- Proven short‑term rental business with a high average NOI of $131,610 (CPA‑verified, 5‑year average) and ~7% cap rate.
- Each cottage features a private hot tub, deck, and full kitchen.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Explore this area
Business Placement
Demographics for 78676, TX
14,713
Population
7,487
Households
2
Avg Household Size
52
Median Age
50%
College-Educated
93%
High-School Grad
167.8 sq mi
ZIP Area
88
Density / Sq Mi
$86,819
Median Household Income
$44,745
Median Earnings
$1,432
Median Rent
$476,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Turnkey waterfront investment with four fully remodeled cottages.
Where is this short term rental property located?
The property is located at 107-109 Scudder Ln Wimberley, TX.
What is the asking price?
The asking price for this property is $2,190,000.
What are key features of this property?
This property features: Turnkey waterfront investment property with four fully remodeled cottages.; Proven short‑term rental business with a high average NOI of $131,610 (CPA‑verified, 5‑year average) and ~7% cap rate.; Each cottage features a private hot tub, deck, and full kitchen.
