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    107-109 Scudder Ln Wimberley, TX 78676

    For Sale
    $2,190,000

    Turnkey waterfront investment with four fully remodeled cottages.

    Lot size:
    1.15 Acres

    Property Features for 107-109 Scudder Ln

    General Information

    Lot size
    1.15 Acres

    Building Details

    Year built
    1989

    Source: Congress Realty, Inc. Agent Jared English

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Cottages Turnkey Investment Property

    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.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wimberley
    County
    Hays
    State
    Texas
    Longitude
    -98.1061132
    Latitude
    30.0129044

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    FAQs

    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.
    (888) 881-4118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107-109 Scudder Ln Wimberley, TX 78676
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