Active
$1,280,000 Horseshoe Bay, TX 78657
  • 1 Acres
  • Llano County
  • 10 Beds
  • 13 Baths

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.

Key Features

  • Property SubType: Residential Income
  • Lot Size: 0.74 Acres
  • Listing Status: Active
  • Year Built: 1997
  • Listing #: 171341
  • Street Address: 307 Out Yonder Units 1-8
  • County: Llano
  • Subdivision/Neighborhood: Stonewood TH

Interior Features

  • Full Baths: 13
  • Cooling: Central Air
  • Appliances: Dishwasher
  • Flooring: Carpet
  • Heating: Central

Exterior Features

  • Sewer: City Sewer

Additional Information

  • Construction Materials: Wood
  • Directions: FM 2147 to Clayton Nolen Drive, keep left on Clayton Nolen Drive and take a Right onto Out Yonder and complex is on your left.
  • Foundation Details: Slab
  • Roof: Metal
  • Water Source: City

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