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    Tbd Johnson City Johnson City, TX 78636

    For Sale
    Contact for pricing

    Profitable, 28-acre event venue near Dripping Springs.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 28-acre property in Blanco County, Texas, presents a unique investment opportunity. Located near Johnson City and Dripping Springs, this premier event venue boasts rustic charm and modern elegance. Currently operating as a thriving, award-winning wedding venue with over 80 future bookings (as of August 2024), it offers significant income potential. The venue accommodates up to 250 guests and features a 6,160+ sq. ft. climate-controlled reception hall, an indoor/outdoor bar, shaded patio, turf courtyard, and three distinct ceremony sites. Additional amenities include a bridal suite, groom's lounge, guest cottage, and a detached welcome office. Built between 2018 and 2021, the property comprises five buildings and offers versatile potential beyond weddings, including short-term rentals, a resort, or corporate events. Its location in the growing Texas Hill Country, near tourist attractions and wineries, ensures continued high demand and value. The property's stunning panoramic views and flexible spaces provide a truly ideal setting for various events. No restrictions limit future development or expansion. The address is available upon request.

    Property Features for 0 Tbd Johnson City

    General Information

    Property type
    Specialty properties
    Lot Size
    1,219,680 SF

    Building Details

    Year Built
    2018
    Buildings
    5

    HighLights

    • 28‑acre event venue in Blanco County, TX, near Johnson City and Dripping Springs.
    • Five buildings constructed between 2018 and 2021.
    • Currently operates as a profitable, award‑winning wedding venue with over 80 future bookings (as of August 2024).
    • Features a 6,160+ sq. ft. climate‑controlled reception hall, indoor/outdoor bar, shaded patio, turf courtyard, three ceremony sites, bridal suite, groom's lounge, guest cottage, and welcome office.
    • Significant potential for expansion and repurposing as a short‑term rental, resort, or corporate event space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Johnson City
    County
    Blanco
    State
    Texas
    Longitude
    -98.4403573
    Latitude
    30.301432

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    FAQs

    What type of property is this?
    Specialty property - Profitable, 28-acre event venue near Dripping Springs.
    Where is this specialty property located?
    The property is located at Tbd Johnson City Johnson City, TX.
    What are key features of this property?
    This property features: 28-acre event venue in Blanco County, TX, near Johnson City and Dripping Springs.; Five buildings constructed between 2018 and 2021.; Currently operates as a profitable, award-winning wedding venue with over 80 future bookings (as of August 2024).
    Request Owner's contact information
    Tbd Johnson City Johnson City, TX 78636
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    Johnson City, TX 78636
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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
    Tbd Johnson City Johnson City, TX 78636
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