Property profile

8125 Joy Rd Leander, TX 78641

OFF-MARKET
Hospitality properties
0.46 ac lot Built 1997
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Property summary

AI-generated overview

This exceptional three-story, 3,524 square foot hotel is situated on a 0.456-acre lot in Leander, Texas, just 30 minutes from downtown Austin. Built in 1997, this unique property features a striking geodome design and offers unparalleled privacy with no HOA fees. The hotel boasts four full bedrooms plus a private sleeping area, providing ample accommodation for guests. Three full bathrooms, each with a stand-up shower, ensure convenience. A highlight is the observation tower loft library, offering breathtaking 360-degree views. The property also includes a wraparound deck, two full kitchens, and a double garage with the potential for conversion into duplex living quarters. The expansive lot provides walkable lake access to Lake Travis. The property is zoned SR1: Single Family Residential Historical. Located near Lake Travis ISD and Lago Vista ISD, and within the Leander ISD, this hotel presents a rare investment opportunity. Proposed 2022 taxes were $13,493.80 (verification recommended). This remarkable property combines luxury, convenience, and stunning natural surroundings.

Property profile

Verified
Property type Hospitality properties
Year built 1997
Lot 0.46 ac (19,863 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8125 Joy Rd Leander, TX 78641
Leander metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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