Welcome to The Grapevine Estates, a rare investment opportunity located in the heart of the Texas Hill Country. Situated on just over 3 private, gated acres, this newly built multifamily community features 7 beautifully designed units. 6 units are 2-bedroom, 2-bath, and one unit is 3/4ths complete 1 bed, 1 bath. Current units ranging from approximately 1,000 to 1,510 square feet. Two of the units include attached garages, while the remaining four offer covered carports or dedicated parking spaces. Two units are leased as long-term rentals, while the other four are operating as fully furnished short-term rentals, providing immediate income potential with multiple revenue streams. This property also offers plenty of room to build additional units. Surrounded by the peaceful beauty of the Hill Country, The Grapevine Estates offers the perfect blend of privacy, modern construction, and investment versatility. Whether you're looking to expand your rental portfolio or own a turnkey income-producing property, this exceptional community is an opportunity you won't want to miss!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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