107-109 Scudder Ln

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.