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21300618
21300619

1300 Scull Rd, San Marcos, TX 78666

AG
TX 9003138
The Real Brokerage
Listed by The Real Brokerage
$4,000,000
504 days on market
Updated 61 days ago

Enchanted Estate: The Ultimate Hill Country Profit Machine

Details
Property Type Business for Sale, Mixed Use (+1)
Sub Type Business and Building
Units 3
Cap Rate 5.10%
NOI $202,210
Price per SqFt $448
Class B
Year Built 2019
Year Renovated 2022
Buildings 3
Stories 1
Acreage 10.760
Zoning ETJ-Commercial
Investment Type Value Add
Occupancy Date 12/17/2024

Incredible Space, Brand New Grounds for Uncapped Value Add Potential!

Marketing description

Discover Enchanted Ranches, a premier event venue offering an unparalleled investment opportunity in the heart of the Texas Hill Country. Perfectly positioned between Austin and San Antonio, this stunning property captures the essence of the region's charm while delivering top-tier amenities and exceptional growth potential. Prime Location & Accessibility Located at 1300 Scull Rd., San Marcos, TX, Enchanted Estate enjoys unmatched access to two of Texas' most dynamic metropolitan areas.

This strategic location ensures a steady flow of clients and a high demand for events, making it an ideal investment for those seeking a lucrative, long-term business opportunity. Expansive Property & Event Spaces Enchanted Estate spans an impressive property footprint, designed to host a variety of events, including weddings, corporate retreats, and concerts.

Key features include:

* Main Indoor Venue: Flexible space with the capacity to accommodate large-scale events, offering versatility for different layouts and setups.

* Outdoor Event Area: Spacious grounds capable of hosting significant guest numbers, with plans for shaded gazebos to enhance the outdoor experience.

* Elegant Pergolas: Two expansive pergolas provide additional seating options, perfect for cocktail hours and intimate gatherings under the Texas sky.

* Charming Altar: A picturesque altar, ideal for intimate ceremonies, adding a timeless appeal to the venue.

* Rustic Barn: A versatile barn structure, blending rustic charm with functionality for unique event opportunities. Modern Enhancements & Eco-Friendly Upgrades The venue features recent upgrades aimed at enhancing guest experience and operational efficiency:

* Natural Light & Aesthetic Appeal: Large window installations offer stunning views and bring natural light into the indoor spaces. * Sturdy Infrastructure: Upgraded beams and a retrofitted metal roof ensure both durability and visual appeal. * Sustainable Features: A Tesla charging station,

* Enhanced Comfort: An advanced HVAC system provides superior climate control, ensuring guest comfort throughout the year. Versatile Facilities & Thoughtful Layout Enchanted Estate includes well-designed facilities that support seamless event operations:

* Gorgeous Bridal Suite features a stunningly displayed area for the bridal crew to relax and spend time in while awaiting the onset of the ceremony.

* Ranch Groom Room: A private space for pre-event preparations, adding convenience for wedding parties and event hosts.

* Ample Storage: Dedicated storage areas ensure efficient management of supplies and equipment.

* Professional Office Space: An on-site office allows for easy administration and event coordination, streamlining operations. Hill Country Appeal & Growth Potential The venue's location in the coveted Texas Hill Country offers breathtaking natural beauty and a serene backdrop, making it a sought-after choice for a wide range of events. As the region continues to grow, driven by development in nearby Austin and San Antonio, the demand for premier event venues like Enchanted Estate is set to increase, further enhancing its value and profitability. A Rare Opportunity in the Heart of Texas Enchanted Estate is not just a venue; it's a thriving business and a unique opportunity to own a prestigious piece of the Texas Hill Country. With its extensive upgrades, versatile event spaces, and prime location, this property offers a powerful blend of charm, modern amenities, and incredible potential for growth. Take the Next Step Toward Ownership Experience the allure and potential of Enchanted Estate. Schedule a private tour and explore how this exceptional venue can be the cornerstone of your investment portfolio. Don't miss your chance to own a signature property in one of Texas' most desirable regions!

Investment highlights

1. Prime Location with Growth Potential
Located in the heart of San Marcos, TX, this 10.76-acre property offers unparalleled access to a thriving area known for its natural beauty, central proximity to major Texas cities, and robust tourism. The current event venue operations capitalize on this prime location but offer significant opportunities to diversify and expand revenue streams.


2. Diversified Revenue Streams and Untapped Opportunities

  • Increase Corporate Bookings:
    San Marcos is a growing hub for businesses and corporate retreats. By tailoring packages and marketing directly to corporations, the venue can significantly boost weekday bookings. Offering team-building activities, conference spaces, and all-inclusive corporate retreat packages can attract steady revenue streams.

  • Short-Term Rental Unit Development:
    The spacious grounds provide ample opportunity to build multiple short-term rental units or cabins. These rentals can cater to guests attending events, tourists visiting the area, or corporate retreat attendees, creating an additional steady income source.

  • Hotel-Style Stays During Events:
    Convert the existing venue or sections of the property into hotel-like accommodations during events. This dual-purpose approach enhances guest convenience and provides a premium service offering, creating a competitive edge in the event venue market.

  • Expanded Grounds for Maximum Utilization:
    The 10.76 acres allow for further development to increase the property's capacity. By expanding the grounds with additional seating, parking, or event-specific areas, the property could accommodate larger groups, festivals, or new event types such as music concerts, cultural fairs, or community gatherings.


3. Strong Tourism Market
San Marcos benefits from a thriving tourism market due to its proximity to Austin and San Antonio, vibrant cultural attractions, and popularity as a wedding destination. Enchanted Ranch is poised to capture even more market share with targeted marketing campaigns and optimized service offerings.


4. Customizable Infrastructure for Versatile Use
The property’s existing 8,920 sq. ft. structure (built in 2019) provides a modern and flexible space that can be customized to host a wide variety of events, from weddings and private parties to corporate events, retreats, and multi-day festivals.


5. Attractive Development Potential
With its large lot size and existing infrastructure, the property is ideal for:

  • Upscale RV/Glamping Sites: Cater to a niche market by offering luxury outdoor accommodations.

  • Event-Adjacent Services: Build additional revenue-generating services such as catering facilities, luxury spa offerings, or boutique shops.

  • Expansion into High-Demand Markets: Capitalize on the growing demand for experiential stays and large-scale corporate events.


6. Exceptional Value Proposition
With a competitive price point for its acreage, infrastructure, and central Texas location, this property presents a strong investment opportunity for those looking to capitalize on the booming event, short-term rental, and tourism industries.


7. Scalable Revenue Models
The venue’s current use can be scaled to incorporate innovative and high-margin services such as:

  • Wedding photography packages

  • Concerts, yoga retreats, health retreats, engagement parties, birthday weekends, family reunions

  • Premium event add-ons (e.g., drone videography, décor customization)

  • Seasonal events or festivals (holiday markets, music festivals)

Even with its vast development, this property remains to be a relatively blank canvas with boundless potential for a creative investor to transform it into a premier destination in Texas.

Listing Contacts

AG
TX 9003138
The Real Brokerage
Listed by The Real Brokerage

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$202,210.00
$16,850.83/mo

Valuation Metrics

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DSCR
5.06%
Cap Rate
5.06%
ROI

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Additional Information

Name
Anna Ghalumian
License
9003138
Brokerage
Real Broker, LLC
Brokerage Phone
(909) 403-6143
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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