Furnished Short-Term Rental with
891 Lost Creek, Wimberley, TX 78676
For Sale
New
$790,000
Currently operated as a furnished short-term rental, the home combines upgraded systems with indoor and outdoor amenities.
Property Size1,870 SF
Price / SF$422.46
Days on Market3
Property Features for 891 Lost Creek
General Information
Standard status
Size
Property subtype
Additional Details
Furnished
Utilities to Site
Multifamily Units
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
pool
hot tub
fire pits
indoor sauna
outdoor showers
wood-burning stove
natural spring
wet-weather creek
bridge
camping area
two high-cube shipping containers
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Keller Williams Realty
Listed By:
Dan Justus · License TX #0733527
(520) 906-7174
Source:
Teamwestre
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:15PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
Configured with 4 bedrooms and 2 bathrooms across approximately 1,870 square feet, this furnished short-term rental was extensively rebuilt, including updated HVAC, plumbing, electrical, septic, windows, and a metal roof. The open living area includes a wood-burning stove, while the remodeled kitchen has custom cabinetry, stainless appliances, a pantry, and an island. Two primary suites, a Jack-and-Jill bath, an indoor sauna, and outdoor showers add to the home's layout and amenities. A 50-amp RV/EV hookup is also installed.
The grounds include a pool, hot tub, fire pits, a natural spring, a wet-weather creek, a bridge, and a camping area. Two high-cube shipping containers convey for storage. The property is two years into a five-year agricultural exemption, and beehives are included.
The grounds include a pool, hot tub, fire pits, a natural spring, a wet-weather creek, a bridge, and a camping area. Two high-cube shipping containers convey for storage. The property is two years into a five-year agricultural exemption, and beehives are included.
Key Highlights
- Furnished short‑term rental with a 4‑bedroom, 2‑bath layout
- Approximately 1,870 SF; extensive rebuilding included updated major systems
- Pool, hot tub, multiple fire pits, indoor sauna, and outdoor showers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,666
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,320
$573.3K
Cap Rate 7%
$409,514
$409.5K
Cap Rate 9%
$318,511
$318.5K
Market Conditions
NOI Build-Up for 1,870 SF
Gross rent
$55.0K $29.40/SF
− Vacancy
−$2.9K −$1.53/SF
EGI
$52.1K $27.87/SF
− OpEx
−$23.5K −$12.54/SF
NOI
$28.7K $15.33/SF
Area
Hays County, TX
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,320
Cap Rate 7%
$409,514
Cap Rate 9%
$318,511
Alternative Uses
Best Use
Apartment 5plus
$409.5K
$358.3K – $477.8K
NOI $28,666 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$732.8K
$641.2K – $854.9K
NOI $51,295 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
6
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Currently operated as a furnished short-term rental, the home combines upgraded systems with indoor and outdoor amenities.
Where is this short term rental property located?
The property is located at 891 Lost Creek Wimberley, TX.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Furnished short‑term rental with a 4‑bedroom, 2‑bath layout; Approximately 1,870 SF; extensive rebuilding included updated major systems; Pool, hot tub, multiple fire pits, indoor sauna, and outdoor showers
