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    8125 Joy Rd Leander, TX 78641

    For Sale
    Contact for pricing

    Unique Tri-Level Hotel, Lake Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional three-story, 3,524 square foot hotel is situated on a 0.456-acre lot in Leander, Texas, just 30 minutes from downtown Austin. Built in 1997, this unique property features a striking geodome design and offers unparalleled privacy with no HOA fees. The hotel boasts four full bedrooms plus a private sleeping area, providing ample accommodation for guests. Three full bathrooms, each with a stand-up shower, ensure convenience. A highlight is the observation tower loft library, offering breathtaking 360-degree views. The property also includes a wraparound deck, two full kitchens, and a double garage with the potential for conversion into duplex living quarters. The expansive lot provides walkable lake access to Lake Travis. The property is zoned SR1: Single Family Residential Historical. Located near Lake Travis ISD and Lago Vista ISD, and within the Leander ISD, this hotel presents a rare investment opportunity. Proposed 2022 taxes were $13,493.80 (verification recommended). This remarkable property combines luxury, convenience, and stunning natural surroundings.

    Property Features for 8125 Joy Rd

    General Information

    Property type
    Hotels
    Lot Size
    19,863 SF

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    3

    HighLights

    • 0.46‑acre lot (19,889 sq ft).
    • 3,524 sq ft building.
    • Leander ISD; near Lake Travis & Lago Vista ISDs.
    • Walkable lake access.
    • No HOA fees.
    • Four bedrooms plus a private sleeping area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Leander
    County
    Travis
    State
    Texas
    Longitude
    -97.921309469194
    Latitude
    30.455359147535

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    FAQs

    What type of property is this?
    Hotel - Unique Tri-Level Hotel, Lake Access
    Where is this hotel located?
    The property is located at 8125 Joy Rd Leander, TX.
    What are key features of this property?
    This property features: 0.46-acre lot (19,889 sq ft).; 3,524 sq ft building.; Leander ISD; near Lake Travis & Lago Vista ISDs.
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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
    8125 Joy Rd Leander, TX 78641
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