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Turnkey, move-in ready, under $500K. Family retreat, BNB, AirBNB. 1/1 open concept bungalow, hardwoods, dual fuel, stainless. Office with half bath (easy Apartment conversion), 1/1 Apartment with full kitchen, Shop with separate meter. Windmill, rainwater retention, filtration. Oversized underground utilities. 3 RV Hookups. 13 acres wildlife exempt. No flood plain. Very private 3,575 feet private drive from River RD. Just off US-87. 3 MI to Fredericksburg. Under 5 MIN to Hospital, Downtown. Borders River Road Ranch Resort.
FINANCIAL MODEL
And, this is another outstanding SWPRE Residential Investment Portfolio opportunity! Not in rental program, but following are our projections based on proforma assumptions stated:
$51,600 Net Revenues
$41,603 Net Operating Income
$21,108 Net Cash Flow
9.1% Cap
LEGAL
Tract 1: PIDN 99805, Geographic ID A0578-0039-000000-00: ABS A0578 J Rodriguez #39, ...
Tract 1: PIDN 99805, Geographic ID A0578-0039-000000-00: ABS A0578 J Rodriguez #39, 13.154 Acres.
Tract 2: PIDN 100247, Geographic ID A0578-0039-000000-00: ABS A0578 J Rodriguez #39, .25 Acres, -Home site-
SWPRE PHILANTHROPY
We gift 10% of our revenues (before realtor commissions) to SWPRE Preferred Nonprofits or 5% to any US based nonprofit. We have established a philanthropy fund for Hill Country Memorial.
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