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Income-Generating Short-Term Rental Compound
For Sale
$1,100,000

931 Sycamore Creek Dr, Dripping Springs, TX 78620

Eight rental units on four acres, including cabins, tiny homes, and a front-positioned manufactured home.

Property Size1,904 SF
Lot Size4.00 Acres
Price / SF$577.73
Days on Market179

Property Features for 931 Sycamore Creek Dr

General Information

Standard status Active
Size 1,904 SF
Lot size 4.00 Acres
Property subtype Multi-Family

Additional Details

Furnished Yes
Business Included Yes
Multifamily Units 8

Building Details

Year Built 2000
Tenancy Multi
Listing Agency: Berkshire Hathaway TX Realty
Listed By: Terry Swets
Source: Olverabolton
Added: Apr 28 Changed: Oct 10 Last Checked: Oct 7 at 4:59PM

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 Berkshire Hathaway TX Realty

Rey
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Investment Insights

Based on property information with market context.

This property is an eight-unit income-producing short-term rental compound on approximately four acres. The setup includes four cabins and three tiny homes, along with a three-bedroom, two-bath manufactured home positioned at the front of the property.

The compound is presented as fully operational and designed to support guest stays with separate outdoor spaces tied to a Hill Country setting. The layout is described as offering privacy and flexibility for a range of short-term uses, and the listing notes that weddings and special events would require buyer verification.

For day-to-day oversight, the front manufactured home is positioned as a fit for an on-site owner or property manager, or as additional rental income.

Key Highlights

  • 8 rental units on 4 acres, built in 2000
  • Unit mix includes four cabins and three tiny homes
  • Front‑positioned 3‑bedroom, 2‑bath manufactured home on site

Property Analytics

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Lease Details

8
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

7
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Eight rental units on four acres, including cabins, tiny homes, and a front-positioned manufactured home.
Where is this short term rental property located?
The property is located at 931 Sycamore Creek Dr Dripping Springs, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 8 rental units on 4 acres, built in 2000; Unit mix includes four cabins and three tiny homes; Front‑positioned 3‑bedroom, 2‑bath manufactured home on site
More about this property
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