Dripping Springs, TX 78620,Address not disclosed

$2,720,000

Est. payment /mo
Est.Price: ?

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Address not disclosed Dripping Springs, TX 78620

6,310 SqFt

SOLD DATE : 03/22/2022

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 6,310 sqft

Price per Sqft $415

Subdivision Madrone Ranch Sec Ii-A & Ii-B

MLS Listing ID 7807943

Sold Date 03/22/22

Originating Board actris

Year Built 2015

Tax Year 2020

Lot Size 7.593 Acres

Property Description

Rare Find! Sleeps 70+ guests. All buildings, amenities, and utilities installed new in 2015. With 10+ wedding venues nearby, there is an abundance of demand for hotel accommodations like this. Liney Moon was founded by Dripping Springs locals, Caroline and Stephen, when they invested in 7+ acres and built the most beautiful "hill-country industrial" stylized concept for wedding guests and visitors. The main house has 4 bedrooms and 4 full bathrooms with a total of 2,385 sf. 'The Triplets', as the three tiny houses are affectionately referred to, each have a full bathroom and kitchen. Caroline, Liney, didn't stop there. She completed the compound with ten small cabins, each like a hotel room, for a total of 14 units on the grounds. The cabins are set in a horseshoe shape around a common grill space; add an in-ground pool, outdoor chapel, and large covered patio to your party! Liney Moon is a space where people come to connect, relax, and sleep. There's room to build too! Found at the corner of West Fitzhugh and McGregor Road, Liney Moon is at the epicenter of fun in Dripping Springs. Jester King, Treaty Oak Distilling, Texas Hill Country Olive Co. and others are found on McGregor Road with Dreamland (mini-golf/concert venue/sport-court) around the corner on 290! Dripping Springs is host to established community, happy visitors, and some of the savviest business owners around. It is THE spot for growth in Central Texas. Get involved and watch your appreciation soar!

BOM - original buyer was a rehab facility with a consultant out of CA. No repairs or concessions were identified before sending notification that the buyer was no longer a fit. The property is clean and well cared for. Seller requests that interested buyers submit offers w/o contingencies for structural work to fulfill their short term vision. Private, residential use is possible here too!

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Location

State TX

County Hays

Zoning Unrestricted

Interior

Heating Central, Ductless

Cooling Central Air, Ductless

Flooring Concrete, Vinyl

Fireplace N

Exterior

Utilities Available Electricity Connected, High Speed Internet, Propane, Sewer Connected, Water Available

View Trees/Woods

Accessibility Accessible Approach with Ramp, Accessible Full Bath

Total Parking Spaces 10

Building

Foundation Slab

Sewer Septic Tank, See Remarks

Water Well, See Remarks

Structure Type Concrete, Spray Foam Insulation, Metal Siding, Wood Siding

New Construction No

Others

Restrictions None

Acceptable Financing Cash, Conventional

Tax Rate 1.8709

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by United Real Estate Austin
Bought with Keller Williams Realty

Teresa Miller

Agent | License ID: 617850

+1(512) 550-5698

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