803 -- Poplar, Fredericksburg, TX 78624 - Gillespie County

Investment Opportunity | 6.5% Cap Rate | Two Active STR Permits to convey with sale | 17,308 sqft lot in town | R-2 zoned.?Diverse possibilities for this property - 2 permits allow for both structures to be short-term rented; either structure could also be a long-term rental or the new owner could live in the 3 bedroom, 2 bathroom home and short or long-term rent out the guest house. This property is currently using both structures as short-term rentals and there is a stellar track record of bookings, income and repeat guest bookings. The property includes all the furnishings & fixtures both inside & out, 2 hot tubs, and the contents of the dual laundry facilities with the sale. The spacious main home has a comfortable flow and a pleasant, cozy atmosphere, for gathering as a group or family and for entertaining/hanging out. There are original wood floors throughout, 2 well-appointed living areas, a beautiful open-plan kitchen with laundry, one en-suite bedroom/bathroom, 2 additional bedrooms that share a bathroom, and an open outdoor back patio. The delightful, self-contained guest house sits above the two-car garage and features one bedroom, bathroom, a full kitchen, and a lovely living room. Both homes enjoy private outdoor patio areas with hot tubs and convenient laundry facilities, along with ample off-street parking for residents and guests. Enjoy the best of Fredericksburg — just a short stroll to downtown, HEB, Methodist Hospital, Fredericksburg High School, and the newly approved Tennis & Racquet Centre. This a truly turnkey investment opportunity in one of the Hill Country's most desirable markets.

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