0 Tbd Johnson City Johnson City, TX 78636
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.