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Property profile & analytics
OFF-MARKET
Specialty properties

0 Montgomery County Tx Bobville, TX 77316

7.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional turnkey wedding and event venue, nestled on 7.7 acres in Montgomery County, Texas, presents a lucrative investment opportunity. The property boasts a charming 1,700 sq ft rustic event barn, perfect for weddings and corporate events. Additional structures include a comfortable 2-bedroom, 2-bathroom house and a bridal cottage/studio casita with a full bath and kitchenette, providing ample accommodation. The property is fully equipped with furniture, fixtures, and equipment (FF&E), ensuring immediate operational readiness. With a strong existing client base and significant undeveloped land, this venue offers substantial expansion potential into diverse revenue streams, such as corporate events, retreats, or short-term rentals. The property's prime location on a major traffic artery provides excellent visibility and accessibility. The current net operating income (NOI) is $200,000, yielding a 13.33% cap rate, making this a highly attractive investment with a $1,500,000 asking price. The property includes three buildings and is classified as Class A. It underwent renovations in 2024. This is a 100% ownership opportunity. The property's picturesque setting, including mature trees and a grape vineyard, creates a stunning backdrop for any event. Don't miss this chance to acquire a thriving business with significant growth potential in a rapidly developing area.

Property profile
Verified
Property type Specialty properties
Lot 7.7 ac (335,412 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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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