Description
Turnkey waterfront investment with four fully remodeled cottages on Cypress Creek—each with a private hot tub, deck, and full kitchen. All units are operated as highly successful short-term vacation rentals, delivering an average ~7% cap rate and $131,610 average NOI (CPA-verified, 5-year average). Sale includes all land, improvements, FF&E, business infrastructure, and major recent upgrades. No city or ETJ restrictions, hotel taxes, or big box competition—Wimberley is a prime destination for year-round leisure guests. Flexible management: self-operate, outsource, or lease. High repeat guest rate, robust direct booking model (90% direct bookings, 10% OTAs), and marketing assets available.
Property Details
| Status | Active |
| MLS # | ACT208258462 |
| Type | Residential Income |
| Year Built | 1989 |
| Lot Size | 1.15 AC / 49,876 SF |
| County | Hays |
| Subdivision | Cypress Creek North |
Property Information
Interior
Exterior
Appliances
Community
Parking
Utilities & Construction
Directions: Cross street: HWY 12
Location
Property History
| Date | Event | Price |
|---|---|---|
| Feb 15, 2026 | Listed (Active) · MLS# ACT208258462 | $2,190,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Lot Size | 49,876 Sq. Ft. |
| Style | Residential Income |
| County | HAYS |
| MLS # | ACT208258462 |
Schools
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.