6641 Rr 1120 Unit A, B, C, D, Rio Frio, TX 78879

$799,000
10
BD
8
BA
4,788
SqFt

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List Price
$799,000
Price Change
▼ $25,000 1789353719
MLS#
1869998
Status
ACTIVE
County
Real
City
Rio Frio
Bedrooms
10
Bathrooms
8
Full Baths
8
Living Area
4,788

Property Description

Compelling income-producing investment opportunity at a new price point. This established STR portfolio features four separately deeded townhomes on approximately 1.04 acres within walking distance of the Frio River. The property offers an existing short-term rental operation with established performance and a management structure already in place. Beyond the current STR use, the rear portion of the property offers notable value-add and expansion potential. The site configuration may lend itself to additional casitas or cabins, RV hookups, or a future event venue concept, subject to applicable approvals, utility capacity, permitting and buyer due diligence. With multiple rentable units, established revenue history, river proximity and room to further develop the property, the next owner has an opportunity to create a distinctive Frio Canyon destination.

Additional Information

Days on Market
487
Year Built
1980
Stories
2
Builder Name
Na
Amenities
Ceiling Fans, Washer Connection, Dryer Connection, Microwave Oven, Stove/Range
Interior Features
One Living Area, Living/Dining Combo, Eat-In Kitchen, Loft, High Ceilings, Open Floor Plan, Laundry Main Level
Master Bdr Desc
Downstairs
Fireplace Description
Living Room
Common Features
Pool, Basketball Court
Cooling
Three+ Central, Two Window
Heating
Central
Exterior Features
Covered Patio, Bar-B-Que Pit/Grill, Deck/Balcony, Mature Trees, Country View, Pool View
Exterior
Stone/Rock, Siding
Roof
Metal
Floor
Ceramic Tile, Vinyl
Parking
Detached
School District
Leakey ISD
Elementary School
Leakey
Middle School
Leakey
High School
Leakey

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Elizabeth Brunk (elizabeth.brunk@yahoo.com) from Listing Office: Lantana Realty.

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