INVESTMENT GEM!! Lean in residentially or commercially. NO RESTRICTIONS. This would make a great compound, air bnb, office rental, event space, rehearsal dinner space, restaurant, tasting room, lodging, or more. It also has an unfinished warehouse on one side of the property that could be its own separate income producing venture or rental. Or live on one side and do a business or rental on the other! Truly a one-of-a-kind property (with many designer upgrades) and located right in the heart of the burgeoning Fitzhugh Rd area with breweries, wineries and restaurants. There is also a large scale luxury spa going in down the road and a proposed music venue (which if approved), there will be even further (and substantial) commercial value potential. It sits on just under 2 unrestricted acres and includes 3 strategic entrances, making it easily accessible and allowing for flexibility with more than one business or entrepreneurial idea on site. This property features a home that has four bedrooms plus an additional office space with its own private entrance plus a two car garage that could also be converted. The 2 sided steel-framed unfinished warehouse on the property is an adaptable structure for a variety of uses - such as an innovative venue, additional workspace, storage area, lodging, restaurant or food trailer park. Note: The main house could easily support or compliment these ventures as well. There is room to add on in misc areas or split the property into two different (income producing) investments. Think more lodging, structures, pool, parking, etc! Fitzhugh Rd has a dynamic and investment rich future ahead. Proximity to key amenities, major thoroughfares and the vibrancy of the local business landscape further solidify the appeal of this opportunity. Hays county (not Travis). No permits required to build out! This is outside the ETJ and again, no restrictions. A must see!
Price
$1,099,000
Fitzhugh
Hays
2,980 (approx)
6225159
Active
Description
INVESTMENT GEM!! Lean in residentially or commercially. NO RESTRICTIONS. This would make a great compound, air bnb, office rental, event space, rehearsal dinner space, restaurant, tasting room, lodging, or more. It also has an unfinished warehouse on one side of the property that could be its own separate income producing venture or rental. Or live on one side and do a business or rental on the other! Truly a one-of-a-kind property (with many designer upgrades) and located right in the heart of the burgeoning Fitzhugh Rd area with breweries, wineries and restaurants. There is also a large scale luxury spa going in down the road and a proposed music venue (which if approved), there will be even further (and substantial) commercial value potential. It sits on just under 2 unrestricted acres and includes 3 strategic entrances, making it easily accessible and allowing for flexibility with more than one business or entrepreneurial idea on site. This property features a home that has four bedrooms plus an additional office space with its own private entrance plus a two car garage that could also be converted. The 2 sided steel-framed unfinished warehouse on the property is an adaptable structure for a variety of uses - such as an innovative venue, additional workspace, storage area, lodging, restaurant or food trailer park. Note: The main house could easily support or compliment these ventures as well. There is room to add on in misc areas or split the property into two different (income producing) investments. Think more lodging, structures, pool, parking, etc! Fitzhugh Rd has a dynamic and investment rich future ahead. Proximity to key amenities, major thoroughfares and the vibrancy of the local business landscape further solidify the appeal of this opportunity. Hays county (not Travis). No permits required to build out! This is outside the ETJ and again, no restrictions. A must see!
Listing Information
Property Type: Mixed Use, Business Opportunities, 2 Story
Take TX-1 Loop S and Southwest Pkwy to Travis Cook Rd. Take Old Bee Caves Rd to Thomas Springs Rd. Take Circle Dr to Fitzhugh Rd in Hays County
Financial Considerations
1000700045000004
$7,232
Cash, Conventional
Listing Price History
Austin Real Estate
Austin is located in Texas.
Austin, Texas 78736 has a population of 986,248.
The median household income in Austin, Texas 78736 is
$110,383.
The median household income for the surrounding county is $83,177
compared to the national median of $66,222.
The median age of people living in Austin 78736 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
Street Address
City
Beds
Baths
Sold Price
Sold Date
No information is available for recently sold properties within this search.