$1,100,000 1100 days on market

Excellent investment opportunity – Property comes with assumable loan at 4.5% , Great for custom home build or development, property is able to be divided.
One of a kind property; a rarity in the area for size, usabilty and long list of improvements! This property has a history as a wedding venue and retreat center for its beauty and views under its former owners! The current owners loved living on this property and had plans to build their forever dream home before deciding to sell. (Renderings attached.) Many overlooks or build sites, and is located in the country side of Austin Metro, in the City of Dripping Springs. Dripping Springs has become famous for its many incredible eateries, breweries wildlife and nature. This 10 + acer family compound with two homes 5br/3ba and 3br/2ba, a 2br/2ba guest cottage, 3200 sqft metal barn with 800 sqft loft space including gym and drinkable 20k gal rain collection and triple filtration system and a backup well system. Screened-in porch with deck and salt water pool with amazing views of Texas Hill Country. Two additional rainwater collection systems with four 2k gal tanks for additional water needs, such as pool water, raised flower bed enclosed garden including greenhouse with plumbing, and sprinklers and irrigation throughout the entire property. Paved roads, covered and uncovered parking spots available throughout, including a 240v electric plug in for electric vehicles. Dammed creek with bridge for swimming with gazebo overlooking 900 sqft Mustang Grape vine garden, three pear trees and a rustic wedding venue. Gated entry via two separate driveways, connected to cul-de-sac and perimeter fencing mostly completed around the entire property line. Two large 250 gal propane tanks, two septic tanks installed on either ends of the lot, with three power poles and electricity nearly everywhere.