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Property profile & analytics
OFF-MARKET
Specialty properties

0 Tbd Johnson City Johnson City, TX 78636

28 ac lot Built 2018
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Specialty properties
Year built 2018
Lot 28 ac (1,219,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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