4550 Fm 967 Buda, TX 78610
- Commercial real estate
- 11,512 SF
- 7.71 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4550 Fm 967
- Year built
- 2010
- Lot size
- 7.71 lot acres
- Property size
- 11,512 SF
- Property type
- Commercial real estate
Description
This exceptional 11,512 square foot hospitality property in Buda, Texas presents a rare investment opportunity. Situated on a sprawling 7.71-acre lot, The Lodge at Grace offers a stunning, rustic setting ideal for weddings and other large-scale events. The main event space encompasses 9,278 square feet, providing ample room for celebrations. An additional 2,243 square feet of multipurpose space includes bride and groom preparation rooms and three other rooms, along with five half-baths. The property's convenient location, just 21 miles from Austin-Bergstrom International Airport and 6 miles from several hotels, ensures easy access for guests. A significant advantage is the existing lease agreement with Grace Community Fellowship, guaranteeing consistent income on Sundays and Wednesday evenings. This established revenue stream offers immediate return on investment. The substantial land size also presents exciting possibilities for future expansion, such as adding amenities like a pickleball club, further enhancing the property's value and appeal. A new residential development by Prominence Homes is underway nearby, promising increased foot traffic and potential clientele. The scarcity of comparable venues in Northwest Buda makes this a truly unique and highly desirable investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Buda
- County
- Hays
- State
- Texas
- Longitude
- -97.8993
- Latitude
- 30.1014
