307 Out Yonder #1-8, Horseshoe Bay, TX 78657 - MLS#7608828

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Spencer Wheelwright

[email protected] +1(512) 944-8553

$1,280,000

Est. payment - /mo

8,044 SqFt

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UPDATED:

01/03/2025 02:58 PM

Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,044 sqft

Price per Sqft $159

Subdivision Stonewood Townhomes

MLS Listing ID 7608828

Originating Board actris

Year Built 1997

Tax Year 2024

Lot Size 0.740 Acres

Acres 0.74

Property Description

Seize the opportunity to own the entire Stonewood Townhomes complex, a prime investment property set on a .74-acre parcel in the highly desirable Horseshoe Bay. This exceptional multi-unit offering consists of three buildings with a total of eight units, seven of which are currently leased, providing immediate cash flow. The absence of costly monthly HOA fees adds to the financial appeal of this investment. The property features two triplexes, each housing three single-level 1 bedroom, 1.5 bath units with 884 sq. ft. of living space. These well-designed townhomes boast an open floor plan that offers comfort and convenience, ideal for attracting long-term tenants. Additionally, the complex includes a duplex with two spacious two-story units, each featuring 2 bedrooms, 2 baths, and an attached single-car garage. These larger units, with 1,370 sq. ft. of living space, feature vaulted ceilings, a fireplace, and a loft area, perfect for small families or professionals seeking extra space and privacy. This investment property is well-maintained and situated in a thriving area, promising steady rental demand. With its mix of unit types and consistent occupancy, Stonewood Townhomes represents a robust investment opportunity with stable cash flow and potential for capital appreciation. Whether expanding your portfolio or entering the rental market, this property offers a strategic foothold in a growing community. Schedule a viewing and take the first step towards securing this investment opportunity.

Location

State TX

County Llano

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Concrete, Laminate, Tile

Fireplace No

Exterior

Utilities Available Electricity Connected, Phone Available, Sewer Available

View Hill Country

Total Parking Spaces 12

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction No

Others

Special Listing Condition Standard

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Listed by RE/MAX HORSESHOE BAY RESORT SA

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Spencer Wheelwright

+1(512) 944-8553

Broker Associate | License ID: 667574

Broker Associate License ID: 667574

307 Out Yonder #1-8 Horseshoe Bay, TX 78657

Spencer Wheelwright

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION