Welcome to The Grapevine Estates, a rare investment opportunity located in the heart of the Texas Hill Country. Situated on just over 3 private, gated acres, this newly built multifamily community features 7 beautifully designed units. 6 units are 2-bedroom, 2-bath, and one unit is 3/4ths complete 1 bed, 1 bath. Current units ranging from approximately 1,000 to 1,510 square feet. Two of the units include attached garages, while the remaining four offer covered carports or dedicated parking spaces. Four units are leased as long-term rentals, while the other two are operating as fully furnished short-term rentals, providing immediate income potential with multiple revenue streams. This property also offers plenty of room to build additional units. Surrounded by the peaceful beauty of the Hill Country, The Grapevine Estates offers the perfect blend of privacy, modern construction, and investment versatility. Whether you're looking to expand your rental portfolio or own a turnkey income-producing property, this exceptional community is an opportunity you won't want to miss!
| MLS # | 2007277 |
|---|---|
| Listing Type | For Sale |
| Style | Other - See Remarks |
| Status | New |
| Year | 2024 |
| Days On Site | 10 |
| Listing Provided By | AE Realty | Kailee Morgan |
| SQ Feet | 7,409 |
|---|---|
| Story(s) | 1 |
| Zoning | UNRESTRICTED |
| Acreage | 3.12 |
| Heating | Central |
|---|
| Roof | Composition |
|---|---|
| Foundation | Slab |
| Number Total Parking | 15 |
|---|
| Utilities | Electricity, Water, Septic |
|---|
| Tax Property Id | 130410014301 |
|---|---|
| Annual Tax | 10271.9 |
| Total Tax | 10271.9 |
| State | TX |
|---|---|
| County | Comal |
| City | Bulverde |
| Zip Code | 78163 |
| Area | Comal |
| School District | Comal |
| Listing VS Median (in 78163) | |
Price: $1,999,000 low | high Med: $749,000 sqft: 7,409 low | high Med: 1,808 $ / sqft: $270 low | high Med: $414 On site: 10 low | high Med: 259 | |
| State | TX |
|---|---|
| County | Comal |
| City | Bulverde |
| Zip Code | 78163 |
| Area | Comal |
| School District | Comal |
| Listing VS Median (in 78163) | |
Price: $1,999,000 low | high Med: $749,000 sqft: 7,409 low | high Med: 1,808 $ / sqft: $270 low | high Med: $414 On site: 10 low | high Med: 259 | |