Luxury Resort
For Sale
Contact for pricing
3780 3950 ALTHAUS RD, Carmine, TX 78954
A 2023 hospitality estate with a villa, three retreats, pools, and outdoor gathering areas.
Property Size9,238 SF
Lot Size38.41 Acres
Price / SF$1,082
Days on Market10
Property Features for 3780 3950 ALTHAUS RD
General Information
Standard status
Active
Size
9,238 SF
Lot size
38.41 Acres
Property subtype
Hospitality, Land, Special Purpose
Amenities
infinity pool
hot tub
fire pits
waterscape terrace
chef's kitchen
Jura espresso
pebble ice
blackout shades
private patios
grills
pergolas
communal pool access
Building Details
Year Built
2023
Buildings
4
Stories
2
Listing Agency:
Compass Texas RE LLC
(281) 853-4674
Listed By:
Rick Doak · License #564788
Source:
Crexi
Added: Jul 28
Changed: Aug 5
Last Checked: Aug 6 at 6:14AM
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 Compass Texas RE LLC
Investment Insights
Based on property information with market context.
This hospitality property combines a 5,000-square-foot Villa with three separate Retreats, each measuring 1,400 square feet. The Villa accommodates 16 guests across five king suites and includes a chef’s kitchen, spa-style ensuites, and dedicated outdoor entertaining areas. Each Retreat offers three king bedrooms, private patios, grills, pergolas, fire pits, and access to a communal pool. Total guest capacity reaches up to 34.
Outdoor amenities include an infinity pool, hot tub, fire pits, a waterscape terrace, and a 15,000-square-foot entertainment area positioned beside a pond. The grounds also feature rolling meadows, wildflower fields, and a winding creek. Built in 2023, the property is designed for lodging, retreats, celebrations, and wellness-oriented stays, with nature-focused settings and high-end interior finishes.
Outdoor amenities include an infinity pool, hot tub, fire pits, a waterscape terrace, and a 15,000-square-foot entertainment area positioned beside a pond. The grounds also feature rolling meadows, wildflower fields, and a winding creek. Built in 2023, the property is designed for lodging, retreats, celebrations, and wellness-oriented stays, with nature-focused settings and high-end interior finishes.
Key Highlights
- 5,000‑square‑foot Villa accommodates 16 guests in five king suites
- Three 1,400‑square‑foot Retreats, each with three king bedrooms
- Total capacity of up to 34 guests
Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.11M | $120.00 |
| − Vacancy | −$410.2k | −$44.40 |
| EGI | $698.4k | $75.60 |
| − OpEx | −$366.7k | −$39.69 |
| NOI | $331.7k | $35.91 |
9,238 SF · lease $120.00/SF/yr · vacancy 37.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$4.74M
$4.15M – $5.53M
NOI $331,737 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$103.57M
$90.63M – $120.83M
NOI $7,250,016 @ 7.0% cap · market cap 72.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 78954, TX
1,144
Population
897
Households
1.3
Avg Household Size
60
Median Age
40%
College-Educated
98%
High-School Grad
73.6 sq mi
ZIP Area
16
Density / Sq Mi
$100,096
Median Household Income
$54,271
Median Earnings
$1,155
Median Rent
$453,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - A 2023 hospitality estate with a villa, three retreats, pools, and outdoor gathering areas.
Where is this resort located?
The property is located at 3780 3950 ALTHAUS RD Carmine, TX.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 5,000‑square‑foot Villa accommodates 16 guests in five king suites; Three 1,400‑square‑foot Retreats, each with three king bedrooms; Total capacity of up to 34 guests
