Riverfront Getaway! Short Term Rental Property

$1,199,000
5
4
4,983
sq. ft.
$241
per sq ft
Heated sq ft: 4,983 sq ft
Avg Nightly Rate: $893
Home Legally Sleeps: 30
Occupancy Rate: 35 weeks
Annual Gross Income : 98000
Annual Net Operating Income : 27000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Couples/Romance, Ski
New Construction: Inquire
Days on Vrolio: 8

Property Description

GUADALUPE RIVER WATERFRONT home is located in a located on Lake Placid that has plenty of room for everyone! Perfect Short Term Rental Investment. This captivating home boasts Pecan trees with amazing shade for get togethers. Enjoy panoramic views of Lake Placid from your upper deck or lakeside! Notable features include tongue & groove pine ceilings, granite countertops, custom kitchen cabinets, recessed lighting in kitchen/living rooms, high-end flooring, SS appliances, zero deep freeze refrigerator, huge master bedroom, lots of natural light, ample guest parking and more to see! Located only minutes to downtown New Braunfels, the Bandit golf course, and Gruene. Use as a short term vacation rental, summer home or full-time residence! Ask about extra 1/2 acre lot for sale with boat lift available with this property.

Presented by:
Agent:
John Veltkamp
Vista Realty
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 1645
Low: 795
Peak: 1645
Special Event: 1645
Avarage: 893.00
Furniture Age
2
Est Value of Furnishings
$30,000
Peak & High Seasons
June, July, August
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Liquidate Assets.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
98000
Net Operating Income
27000
Stories
2
Additional Indoor Rooms
Living Room
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace
Floor Coverings
Carpet, Other
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Carpet
Year built
1998
Outdoor Features
Dock, Porch - Not screened
View
Lake, River/Creek
Backyard Exposure
East
Lot Size
Half acre with an option to purchase another adjoining half acre.
Community Features
Lake Access
Tax Amount/Year
$7,800
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Lake Access
Mandatory HOA
Inquire
Home Legally Sleeps:
30
Onsite Parking
Well over 12+ covered parking under home
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
Inquire
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
2 Years
Occupancy Rate
35
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$0.10
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
Not certain
 
  •  
Credit Card Fee
$0.03
Cleaning Fee
$485.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$2,400.00
Water/Sewer (Annual)
$1,200.00
Cable/Interbet (Annual)
$1,200.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$7,800.00
Homeowner's Insurance (Annual)
$2,400.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Vista Realty, 512-665-5646

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