This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
620 Wayside Dr
Wimberley, TX 78676
Very Rare Wimberley Development Opportunity · Land For Sale
·
14.59 AC
Investment Highlights
- Highest & Best Use 1 - 24 Unit Timeshare (1200 Weeks) - Total Sales ($33,000,000) - Total Cost ($13,000,000) = Net Profit ($20,000,000).
- Highest & Best Use 3 - 109 Unit RV Park: Gross Yearly Revenue ($2,000,000) at 80% Occupancy.
- Highest & Best Use 2 - 72 Unit Bed & Breakfast: Gross Yearly Revenue ($3,500,000) at 80% Occupancy.
Property Facts
Description
Very rare Wimberley development opportunity. Lot 6, Canyon Oaks. 14.59 acres of unrestricted property. 7.59 acres of level land with 7 acres as part of a private canyon with a very steep drop off down to a wet weather creek. Heavily treed with Oaks and Cedar. 750 feet of canyon rim with beautiful views and western sunset exposure. Wimberley Extra Territorial Jurisdiction (ETJ). Includes 1995 2175 SF 4 bedroom 2 bath manufactured home with large front deck, large covered rear deck, above ground pool and 5 storage buildings. Caliche driveway. Fully fenced. Seller is a licensed real estate broker. Joint Venture & Owner Financing Available. Residential water meter is in place to service 2 homes. Commercial water meter is available with Wimberley Water to service any of the development opportunities listed below – Approximately $50,000 to install. Existing septic system for 2 homes. Grandfathered in Hays County septic system capacity to service any of the development opportunities listed below. Development Options: 1. Single Family Estate Home Site – Site Built, Modular Home, Manufactured Home, Barndominium. 2. 15 Single Family Homes (4 bedrooms) Less than 3,500 SF per Unit. 3. 18 Unit Townhome or Condominium Complex (3 bedrooms) Less than 2,500 SF per Unit. 4. 24 Unit Townhome or Condominium Complex (2 bedrooms) Less than 1,500 SF per Unit. 5. 24 Unit Tiny Home Land Condominium Complex with retail sale or rental (B&B) of Tiny Homes. 6. 18 Unit Manufactured Home Park (3 bedrooms) less than 2,500 SF per Unit w/ retail sale or rental. 7. 21 Unit Apartment Complex (2 bedrooms). 8. 43 Unit Apartment Complex (1 bedroom). 9. 36 Unit Motel or Bed & Breakfast (2 beds per room). 10. 72 Unit Motel or Bed & Breakfast (1 bed per room). 11. 109 Unit RV Rental Park. 12. 24 Unit (1200 Weeks) Condominium Timeshare (2 bedrooms) Less than 1,500 SF per Unit.
Property Taxes
| Parcel Number | R70633 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $527,325 |
Property Taxes
