104 Scudder Lane #1-8
Wimberley, TX 78676
$2,690,000
5,075 sqft
1 beds
1 baths
Description
Turnkey investment featuring eight fully remodeled cottages on a landscaped 2.6-acre parcel in Wimberley. Property includes five 1BR/1BA and three 2BR/1BA cottages, all operated as high-performing short-term rentals. Average annual NOI of $214,733 (CPA-verified, 5-year average) with a cap rate of ~8%. Includes all land, improvements, FF&E, business infrastructure, and recent major upgrades. No city or ETJ restrictions, hotel taxes, or big box competition. On-site amenities include dog park, fire pit, open-air pavilion, direct water access easement to Cypress Creek, and ample parking. Flexible management: self-operate, outsource, or lease. Strong repeat guest base, robust direct booking (90% direct booking /10% OTA), and professional marketing assets. Owner financing and 1031 exchange eligible. Supporting docs available.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Blue Hole Primary School | PK - 2 | Regular |
| Jacob's Well Elementary School | 3 - 5 | Regular |
| Danforth Jr High School | 6 - 8 | Regular |
| Wimberley High School | 9 - 12 | Regular |
| 4 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.