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3500 R O Dr - Bee Creek Ranch 4,606 SF Specialty Building Offered at $2,250,000 at a 4.70% Cap Rate in Spicewood, TX 78669

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INVESTMENT HIGHLIGHTS

  • No HOA or deed restrictions
  • Growth corridor, close proximity to Austin, ABIA (Airport) and Lake Travis, wine country, shopping, music.
  • Potential additional income with glamping, stage concerts, weddings, business meetings & events

EXECUTIVE SUMMARY

Premier income-producing commercial property in one of Spicewood’s most desirable corridors, this unrestricted 7-acre boutique rental and event center features five revenue-generating structures—a main event venue, two guest homes, a second event center, and a stage building ready for finish-out. Designed for hospitality, weddings, retreats, and corporate events, the property offers gated entry, vendor access, and parking for 100+ vehicles. Originally built in 1996 and reimagined in 2022, the 4,606 sq ft compound includes 6 bedrooms, 5 bathrooms, and multiple indoor/outdoor gathering spaces. Currently operated as a short-term rental and event venue, it also functions as a private compound or commercial expansion opportunity. With no HOA, no deed restrictions, and proximity to Highway 71 and Austin, this is a rare investment with unlimited upside in the commercial hospitality and boutique retreat market.

PROPERTY FACTS

Price $2,250,000
Price Per SF $488.49
Sale Type Investment
Cap Rate 4.70%
Sale Condition Business Value Included
Property Type Specialty
Property Subtype
Residential Income
Building Class B
Lot Size 7.00 AC
Building Size 4,606 SF
No. Stories 2
Year Built/Renovated 1996/2023
Corridor Interior
Zoning SFR - No HOA or deed restrictions

ABOUT 3500 R O DR , SPICEWOOD, TX 78669

Premier income-producing commercial property in one of Spicewood’s most desirable corridors. This unrestricted 7-acre boutique rental and event center features five revenue-generating structures including: a main event venue, two guest homes, a second event center, and a stage building ready for finish-out. Designed for hospitality, retreats, weddings, and corporate events, the property offers parking for 100+ vehicles, vendor access, and gated entry. Main Event – 2,234 sq ft Willie’s Place – 1,128 sq ft The Cottage – 513 sq ft Event Center – 1,397 sq ft The Stage – 731 sq ft 5 Building total – 4,606 sq ft 7 acres 100 spaces (front parking area)

  • Listing ID: 38396878

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 3500 R O Dr, Spicewood, TX 78669

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