$799,000
6
Beds
5.5
Baths
3,135
SqFt
Status
Active
MLS #
381837
Property Type
Other
CASH FLOWING property in lovely Martindale! Schedule a viewing with 4 active listings & are nearly always occupied as short term rentals. Located across the Hwy from the San Marcos River, secluded yet convenient. AirBnB, VRBO, booked over $22K in 2018. Modern Farmhouse main house has classic formal elegance & events entertaining in mind. Huge Workshop & Gym, Classic Blue World 24’ Pool, 5-person hot tub, Playscape, community fire pit area. Main house has optional rental Suite/In-Law Suite/2nd Master with private entrance. Stable-Style Inn design plans to add 6+ Rentals w/ community kitchen, bathrooms, & laundry. Business potential for adding restaurant, Hall or Events Center, etc. No better opportunity to buy a Texas size cash flow machine. June 2018 alone was nearly $4K. Commercial & multi-use 4.89 acres, plenty of room to grow! No HOA or city permitting. New appliances, remodeled kit/baths. CAN ALSO PURCHASE Lot 2 for additional 6.4 acres!! RV Park or Development Potential!!
