$6,000,000
For Sale

1470 S Cranes Mill Road

New Braunfels, TX 78132
17128 sqft | 6 beds | 4.5 baths | 18.59 acres | #5298752
Browse 29 photos
Type:Purchase
Structure:Farm
Zone:Residential

Description

Remarkable opportunity to purchase a turnkey hospitality venue in the heart of the Texas Hill Country that features on-site lodging revenue. Upon entering the gated entrance, you will be greeted by the principal structure envisioned as a French Chateau, which serves as the primary lodging facility. It is connected directly to the event hall via a recently constructed pergola over a now-covered courtyard. The primary chateau is a two-story residence that features six bedrooms and 4.5 baths, as well as several living spaces. It serves as the perfect complement for use during events and wedding ceremonies, providing a space away from guests and lodging for friends and family while on the property. The second-floor balcony offers a picturesque view of the lush gardens below. The approximately 3,000 sq ft dance hall is a perfect indoor complement for outdoor ceremonies and events, and the covered pergola provides additional shade and protection from inclement weather. The garden area was carefully curated to create a version of verdant European gardens in the Texas Hill Country. For additional revenue opportunities, the property also features six separate casitas that provide additional on-site lodging options. These can complement wedding events or be rented separately. The additional lodging features their own pool, which aids in boosting the average nightly rate and offers additional entertainment for on-site guests. Full financials are available with a signed NDA.

  • Interior Details
      • InteriorEntrance Foyer, High Ceilings, Kitchen Island, Multiple Living Areas, Pantry, Stone Counters
      • Fireplaces1
    • Beds & Baths
      • Bathrooms4.5
      • Bedrooms6
      • Full Baths4
      • Half Baths1
  • Property Details
      • Exterior MaterialsBalcony, Covered Courtyard, Garden, Uncovered Courtyard, Arbor
      • Lot DescriptionBluff, Gentle Sloping, Many Trees, Views
      • ViewHills, Panoramic, Rural
      • Pool1
    • Measurements
      • Acres18.586
      • Square Feet17128
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built2009
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Cable Connected, High Speed Internet Available, Sewer Connected, Water Connected
      • Sewer InformationSeptic Tank
      • Utility SourcePrivate
  • Community and Neighborhood Details
      • SubdivisionVintage Oaks
    • Location
      • Middle SchoolSmithson Valley
      • High SchoolSmithson Valley
      • Elementary SchoolSTARTZVILLE
      • School DistrictComal ISD
      • CountyComal
  • Financial Details
      • Original List Price$6,000,000
      • Taxes Annual$1,603,480
      • Days on Market (Cumulative)67
  • Other
      • MLS #5298752

Location

REspace Realty GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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