Welcome to 913 Owl Hollow Rd, a property like no other nestled in the heart of San Marcos, Texas. This unique estate comprises five distinct residencesthe Farmhouse, Romantic Cabin, Country Cabin, Chicken House, and Tyler's Cabin. Lovingly owneroccupied and meticulously maintained, this property exudes charm and invites exploration.
As you step onto the estate, you're embraced by a tranquil paradise of natural wonders. Majestic trees including apples, plums, and exotic pineapple guavas punctuate the landscape, while an orchestra of blooms from crepe myrtles, Vitec, and ornamental pear trees adorn the surroundings. Venture further, and be captivated by the fiery hues of Pyracantha, the allure of pomegranate shrubs, and the vibrant tapestry woven by Texas mountain laurels and Coral Vines.
While the Country Cabin serves as the owner's abode, the remaining units have been a popular choice for short term rentals on Air BnB. The owners have treated this enterprise more as a delightful hobby than a business, evident in the care and passion that resonate throughout each unit. This dedication has not gone unnoticed, with numerous 5-star reviews from guests seeking romantic or relaxing getaways, family vacations, corporate retreats, and larger gatherings.
Ready to be rented out at a moment's notice, and with the potential to add additional units, this is a prime opportunity for an investor. Turning this hobby into a thriving business would maximize cash flow and increase return, transforming this charming estate into a profitable venture. 913 Owl Hollow Rd is more than a property - it's a gateway to nature's splendor and a rewarding investment.
PROPERTY SUMMARY
913 Owl Hollow Rd. 913 Owl Hollow Road | San Marcos, TX 78666
Property Summary
Price: $1,290,000
# of Homes 5 Homes + 1 Workshop
Square Feet (Homes) 4,272
Price/SF $301.96/SF
Lot Size: 5.18 Acres
Frontage: 215' Frontage
Zoning: Outside City Limits
ETJ Inside City of San Marcos ETJ
APN: R40225
Flood Plain No Flood Plain
Water On-Site Well
Electricity On-Site - PEC Electric
Sewer (2) On-Site Septics
Possible Uses: Short Term Rental, RV Park, Venue,Long Term Rental
Property Overview
This unique property consists of 5 homes - Farmhouse, Romantic Cabin, Country Cabin, Chicken House, and Tyler's Cabin. The property is owner occupied (Country Cabin), and the remainder of the units have been used as short term rentals on Air BnB. The owners have self-managed the property over the years and have treated the Air BnB's as a hobby, not as a business. The property is ready to be rented out at a moment's notice. Each home is meticulously decorated and maintained as evidenced in the number 5-star reviews found online.
Former guests have included couples seeking a romantic get-away, families visiting San Marcos, and individuals seeking a relaxing get-away. Corporate retreats and larger family gatherings would be another target audience worth considering.
This is a prime opportunity for an investor to add additional units and treat the property like a business to maximize the cashflow and increase their return. All homes except owner's and Tyler's Cabin are currently vacant and all income shown is projected.
Location Overview
The property lies on the North West of San Marcos and is located less than 8 miles or 16 minutes from Downtown San Marcos. Regionally situated between Austin and San Antonio, the property benefits from the economic drivers of both MSA's.
Proforma is based on renting out all houses on a long term basis, installing 4 RV Pads @ $750/month.
The Workshop/Bar
Approximately 25'x30' Workshop
Approximately 15'x24' Covered Patio
Wood-frame structure
Electricity supplied to building
Slab on grade foundation
MITCHELL CLASSEN
Broker, GRI | Presidentmitchell@classenrealtygroup.com
Direct: (512) 971-3415 | Cell: (512) 971-3415 9009393, Texas
As President of Classen Realty Group, my primary mission is to ensure that our Client’s best interests and expectations are not only met but exceeded and that the values of Classen Realty Group are clearly displayed through every interaction. While providing services that value relationships over transactions, and quality over quantity.
From the first contact to the closing table, I want to ensure that your entire transaction is handled with professionalism, excellent communication, and the utmost integrity. My work ethic, determination, and raw drive originated from family generations of business owners and years spent working on the family farm in Central Texas.
While attending Texas State University and earning my degree in Construction Science & Management with a Business minor, I interned with SpawGlass a large Texas-based commercial construction company. Through them, I gained invaluable experience in all aspects of the business, especially within the corporate level standard practices that I’ve implemented all while giving white-glove service within Classen Realty Group.
My passion for Real Estate became more evident through each new experience with personal projects, starting with a father-son partnership, Classen Properties, LLC. My prior experiences and knowledge combined with that of my Father’s was the perfect combination for a successful venture. More importantly, I discovered the fulfillment that comes with helping others realize their own real estate goals. It was at that point that I established Classen Realty Group; A full-service commercial real estate brokerage serving the Greater Central Texas Region.
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Neither Classen Realty Group its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Classen Realty Group will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third-party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Classen Realty Group makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Classen Realty Group does not serve as a financial advisor to any party regarding any proposed transaction.
All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants, and governmental agencies. All properties and services are marketed by Classen Realty Group in compliance with all applicable fair housing and equal opportunity laws.