MLS# 1869998 - Rio Frio, TX 78879
Courtesy of Lantana Realty,
Status: Active
Property Type: Townhome Style
Year Built: 1980
Days On Website: 488
Property Details for Rio Frio, TX 78879
Description
Compelling income-producing investment opportunity at a new price point. This established STR portfolio features four separately deeded townhomes on approximately 1.04 acres within walking distance of the Frio River. The property offers an existing short-term rental operation with established performance and a management structure already in place. Beyond the current STR use, the rear portion of the property offers notable value-add and expansion potential. The site configuration may lend itself to additional casitas or cabins, RV hookups, or a future event venue concept, subject to applicable approvals, utility capacity, permitting and buyer due diligence. With multiple rentable units, established revenue history, river proximity and room to further develop the property, the next owner has an opportunity to create a distinctive Frio Canyon destination.
Open House
Features
Bathrooms
- 8 total bathrooms
- 8 full bathrooms
Bedrooms
- 10 total bedrooms
Building
- Built in 1980
- Living area: 4788
Listing
- Listing ID: 1869998
- Standard Status: Active
- MLS Status: Active
- Property Subtype: Townhome Style
Location
- County/Parish: Real
Parking
- Other Parking: Two Car Carport,Four or More Car Open Space
Schools
- Elementary School: Leakey
- Elementary School District: Leakey ISD
- Middle School: Leakey
- High School: Leakey
Taxes
- Year: 2023
Property Map
Map View
$799,000 - Rio Frio, TX 78879
Street View
Directions
Rio Frio, TX 78879
County/Parish: Real