Description
The Wind Song is a creative, elegant and authentic 11 bedroom/10 bathroom income producing property with a gorgeous pool on 2.15 acres. The 6712 sq ft main house has 2 kitchens/ 2 living rooms and 6 beds/5 baths allowing for a separate owners side. Use the entire property for the only luxury rental in the upscale antique corridor. Located between Market Hill and Blue Hills. A 1920 sq ft guest house with 4 bedrooms/4 baths and a gym and a 680 sq ft pool house that will sleep 2 or more guests. This property generates $2400 a night during the antique shows. (40 nights a year or $96,000 if the entire property is being used) In addition we ran a Pro-forma P&L that shows a 10% cap. The 40% occupancy rate assumption is based on other rentals in the area and the increase in visitor rate to Round Top as a destination or $300,000 + a year in net income. Market the Wind Song for family retreats, wedding parties or the ultimate girls weekends. The property comes with all of the furniture, attached light fixtures, window coverings and custom made shower curtains. Accessories and artwork available for sale. P&L upon request.
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6BEDS
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2.15ACRES
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5BATHS
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01/2 BATHS
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6,712SQFT
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$447$/SQFT
School Information
Description
The Wind Song is a creative, elegant and authentic 11 bedroom/10 bathroom income producing property with a gorgeous pool on 2.15 acres. The 6712 sq ft main house has 2 kitchens/ 2 living rooms and 6 beds/5 baths allowing for a separate owners side. Use the entire property for the only luxury rental in the upscale antique corridor. Located between Market Hill and Blue Hills. A 1920 sq ft guest house with 4 bedrooms/4 baths and a gym and a 680 sq ft pool house that will sleep 2 or more guests. This property generates $2400 a night during the antique shows. (40 nights a year or $96,000 if the entire property is being used) In addition we ran a Pro-forma P&L that shows a 10% cap. The 40% occupancy rate assumption is based on other rentals in the area and the increase in visitor rate to Round Top as a destination or $300,000 + a year in net income. Market the Wind Song for family retreats, wedding parties or the ultimate girls weekends. The property comes with all of the furniture, attached light fixtures, window coverings and custom made shower curtains. Accessories and artwork available for sale. P&L upon request.
© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-08-17T14:01:28.09.
Based on information submitted to the MLS GRID as of 2022-08-17T14:01:28.09 (date and time MLS GRID Data was obtained).
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