13127 Fitzhugh Rd Austin, TX 78736
- Commercial real estate
- 1,120 SF
- 3.00 lot acres
Current Use by Public Records
- Jester King Inn / Inn
Property Details for 13127 Fitzhugh Rd
- Year built
- 2015
- Lot size
- 3.00 lot acres
- Property size
- 1,120 SF
- Property type
- Commercial real estate
- APN
- R20335
- APU
- R20335
Description
This exceptional 4.79-acre property in Austin, Texas, presents a remarkable investment opportunity. Located at 13127 Fitzhugh Rd, Hays County, zip code 78736, this unrestricted land boasts 4,913 square feet of existing improvements, including six buildings: three houses, two cabins, and a commercial-grade kitchen/pavilion. The property is ideally suited for hospitality or event ventures, easily accommodating over 150 guests. Built in 2015, the existing structures feature 21 beds, and all furniture and equipment are included in the sale price of $1,900,000. The land is priced at $396,659.71 per acre, and the price per square foot of the improvements is $386.73. Utilities are already in place, with electricity and internet access throughout. The property's prime location near Austin and Dripping Springs offers a tranquil countryside setting while maintaining proximity to urban amenities and popular breweries. This versatile property presents limitless potential for expansion, redevelopment, or continued operation as a thriving hospitality business. The APN is 1093630002000004. This is a truly unique opportunity to acquire a turnkey hospitality or event venue with significant upside potential in a highly desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $330,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $315,000
- 6.5%
- $290,000
- 7%
- $270,000
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Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Hays
- State
- Texas
- Longitude
- -97.9996
- Latitude
- 30.2317
- CBSA code
- 12420
- CBSA name
- AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
