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33598823
33598825

1293 Harmon Hills Road, Dripping Springs, TX 78620

Caroline Bradford Real Estate
Listed by Caroline Bradford Real Estate
$2,950,000
9 days on market
Updated 9 days ago

Juniper Ridge - 10 Acre STR Compound in Dripping Springs, TX

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 4,983
Units 6
Beds 10
NOI $197,000
Occupancy 57%
Tenancy Single
Year Built 2017
Buildings 5
Stories 1
Acreage 10.000
Investment Type Owner/User

Hospitality

Marketing description

Juniper Ridge — Income-Producing STR Compound on 10 Private Acres: Rare opportunity to acquire a fully operational, cash-flowing short-term rental compound in the heart of the Texas Hill Country. Juniper Ridge sits on 10 private acres just 45 minutes from Downtown Austin, pairing a proven revenue history with five uniquely designed accommodations and resort-caliber shared amenities. A true turnkey investment, the property is positioned to generate strong, diversified income from day one. Five separate fully furnished structures total 10 bedrooms and 8 bathrooms: The Oaks (4BR/2BA) with full kitchen, private yard, and propane grill; The Mercer (2BR/1BA) with full kitchen, living room, and firepit; The Bluffs (2BR/2BA) with full kitchen, in-unit laundry, and firepit; The Meadow (1BR/1BA) with kitchenette and living room; and Pedernales (1BR/1BA) with full kitchen. Each is individually decorated with upgraded finishes, premium bedding, and Smart TVs throughout. Shared amenities include a resort-style pool and sun loungers; a fully appointed pool house with billiards table, card table, full bar, and Smart LED-TV; a covered outdoor dining pavilion with gas and charcoal BBQs; a brand-new pickleball and basketball court; beach volleyball court; multiple fire pits; loveseat swings; and ample on-site parking for large groups. Beyond nightly STR bookings, the property is event-ready for weddings, rehearsal dinners, corporate off-sites, and wellness retreats, opening meaningful additional revenue streams. Ideally positioned in the fast-growing Dripping Springs corridor and sold fully furnished and completely turnkey. Detailed financials available upon request. *Proof of funds or prequal letter required for showings*

Investment highlights

  • Proven Revenue - Three years of STR income averaging $330K+ annually with stable NOI above $190K.
  • Premium Location - 45 minutes from Downtown Austin in the fast-growing Dripping Springs corridor.
  • Multi-Revenue Streams - STR nightly bookings plus event-hosting approval for weddings, retreats & offsites.
  • Turnkey Asset - Fully furnished, operating and revenue-generating — day-one cash flow.
  • Unique Positioning - One of the only true multi-cabin compound rentals in the Hill Country market.
  • Upside Potential - Full-year operation, event revenue and rate optimization all have room to grow.

Listing Contacts

Caroline Bradford Real Estate
Listed by Caroline Bradford Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$197,000.00
$16,416.67/mo

Valuation Metrics

0
DSCR
6.68%
Cap Rate
6.68%
ROI

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Additional Information

Name
Caroline Bradford
License
0616803
Brokerage
Coffman Real Estate
Brokerage Phone
9797779144
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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