Investment Opportunity in Buda, TX: A Versatile and Exciting Property

aws
Overview Discover an exceptional investment opportunity in the thriving community of Buda, Texas. This versatile property spans 7.9 acres and offers a variety of amenities and potential for future growth, making it ideal for large events and unique vacation rentals. Located just a 31-minute drive from Austin-Bergstrom International Airport and directly across the road from the nearby Persimmon Project, which is expected to add over 2,000 new residences, this property is perfectly positioned to attract both local and visiting guests.
Interested?
Myria Free #742017
Sales and Acquisitions, Ragland Realty
512-537-3399
[email protected]

Key Features

Drive-In Theater Dual Movie Screens: The property features a drive-in theater with two movie screens, currently open to the public. This setup is also available for corporate and private events, wedding parties, and more, providing a nostalgic and entertaining experience for moviegoers. Operating Bar and Restaurant: The drive-in theater includes an operating bar and restaurant, enhancing the event experience with convenient food and beverage options. Guests can also enjoy some of the best public bathrooms in town. 500-Gallon Grease Trap: The bar and restaurant are equipped with a 500-gallon grease trap.
Vacation Rentals Themed Interiors: There are three waterside vacation rentals, each with individually themed interiors of Hogwarts, Breakfast at Tiffany's, and Star Wars. These unique themes enhance the guest experience and appeal to a wide range of visitors. Fenced Yards: Each vacation rental comes with a fenced yard, ensuring privacy and comfort for guests and their pets. Expansion Potential: There is ample room to add four more vacation rentals, allowing for further growth and increased revenue potential. Convertible Containers: The containers used for the movie screens can be adapted into additional vacation rentals, offering a unique lodging experience.
Mama Merlot's Underground Speakeasy Prohibition-Era Charm: Guests can travel back in time at Mama Merlot's, an underground speakeasy designed for private members. This exclusive venue offers a unique and immersive experience, perfect for private events and gatherings.

Property Specifications

Shipping Containers with Usable Space: Total area of 1,500 square feet, including a kitchen area, projector rooms, secret entry, and upstairs bar. Storage Space: Total area of 1,800 square feet, comprising three empty shipping containers used for screens and currently utilized for storage. Tiny Homes: Approximately 900 square feet total (rough estimate between 860-900 square feet), with three tiny homes. Underground Area: Dimensions of 40 x 40 feet, totaling 1,600 square feet. Upstairs Storage Area: Rough estimate of 500 square feet. Total Walled-in Space: 4,800 square feet. Total Storage in Containers: 1,800 square feet.
Additional Amenities Parking: The property includes surface parking for 94 vehicles, accommodating a large number of guests and event attendees. Culvert and Creek: Built with a 12" rebar-reinforced base, 8" rebar-reinforced sides and top deck, 6" concrete, and 1.5" curb concrete wings. This structure is much stronger than the recommended box culvert. The rest of the creek was tubed (metal tube) to handle a 100-year flood
Managed by Current Owner The drive-in theater, speakeasy, and vacation rentals are currently operated by the owner, ensuring a seamless transition for new investors. Investment Potential This property is not only an exciting opportunity for hosting large events and providing unique vacation rentals but also holds significant potential for future growth. The ability to add more vacation rentals and convert existing structures into rentals provides a clear path for increasing revenue and maximizing the investment.
Contact Us!

Follow Us

Ragland Realty and Management LLC © 2024 – All Rights Reserved

Texas Real Estate Commission Information About Brokerage Service