0 Rocky Crk Rd, Hye, TX 78635
This exceptional 260-acre Hill Country ranch, nestled between Johnson City and Fredericksburg, Texas, presents a unique investment opportunity. Located in Blanco County, at 0 Rocky Creek Rd, Hye, TX 78635, this property boasts breathtaking views and mature oak trees across its rolling terrain. Approximately half the land is cleared pasture, while the remaining acreage provides excellent wildlife habitat, attracting whitetail deer, axis deer, turkey, and hogs. The property includes a 3-bedroom, 3-bathroom main house featuring a large covered patio and outdoor kitchen. A 3-bedroom, 3-bathroom barndominium offers additional living space, complete with a saloon, full kitchen, bath, and outdoor kitchen, both with covered porches. Amenities include a fire pit, horseshoe pits, cornhole, full-size NBA court, tennis court, and two pickleball courts. An equipment barn with a small apartment adds to the functionality of the compound. The ranch is equipped with underground electricity and a deep water well, but is also entirely off-grid capable, with solar power, 100,000 gallons of rainwater collection, two backup generators, and 4,000 gallons of backup propane. A high-fenced garden and a one-acre pond, supplemented by a well, are complemented by a 2-bedroom, 1-bathroom fishing cabin with a 50-foot pier, fountain, and floating deck. A smaller pond above feeds a man-made creek, and a seasonal creek runs through the property. The ranch offers significant income potential through Airbnb rentals, corporate retreats, or event hosting, making it an ideal family retreat and a sound investment. Asking price is $7,995,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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