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Five-Cabin Short-Term Rental Property
For Sale
$1,199,000

405 Martin RD # A, Dripping Springs, TX 78620

An operating cabin rental property includes shared laundry and undeveloped acreage for additional improvements.

Property Size2,000 SF
Lot Size4.00 Acres
Days on Market8

Property Features for 405 Martin RD # A

General Information

Standard status Active
Size 2,000 SF
Lot size 4.00 Acres
Property subtype Business

Units

Unit Mix 5 x cabin
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $7,337

Amenities

shared laundry facility

Building Details

Building Size 2,000 SF
Year Built 2018
Buildings 5
Listing Agency: Stanberry REALTORS
Listed By: Scott Daves · License #0470497
Source: Denpg
Added: Oct 1 Changed: Oct 7 Last Checked: Oct 7 at 3:18PM

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 Stanberry REALTORS

Investment Insights

Based on property information with market context.

Set on approximately 4 acres in the Texas Hill Country, the property includes five cabins of approximately 400 SF each, currently used as short-term Airbnb rentals. Shared laundry and an engineered septic system serve the site. The property was built in 2018.

Approximately 2.5 acres remain available for further development. Dripping Springs is just minutes away.

Key Highlights

  • Five cabins of approximately 400 SF each, currently operating as short‑term Airbnb rentals
  • Approximately 4‑acre property in the Texas Hill Country, minutes from Dripping Springs
  • Approximately 2.5 acres available for additional development

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Plumbing Service Auto Repair Shop (Bike/Boat/Book/etc) Store Home Appliance Store Building Supply Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 78620, TX

20,493
Population
7,929
Households
2.6
Avg Household Size
43
Median Age
62%
College-Educated
97%
High-School Grad
175.6 sq mi
ZIP Area
117
Density / Sq Mi
$146,551
Median Household Income
$58,583
Median Earnings
$1,674
Median Rent
$624,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - An operating cabin rental property includes shared laundry and undeveloped acreage for additional improvements.
Where is this short term rental property located?
The property is located at 405 Martin RD # A Dripping Springs, TX.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Five cabins of approximately 400 SF each, currently operating as short‑term Airbnb rentals; Approximately 4‑acre property in the Texas Hill Country, minutes from Dripping Springs; Approximately 2.5 acres available for additional development
More about this property
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