Austin TX Real Estate - Hill Country Austin Lakeway Homes for Sale: 3921 Lago Vista - Austin - 78734 - Secluded Hideaway for Sale with B&B

3921 Lago Vista - Austin - 78734 - Secluded Hideaway for Sale with B&B

Do I have a listing for you!?! This is a very unique property in a very popular area right over by Mansfield Dam in Austin Texas. Mansfield Dam is the main dam that separates Lake Travis and Lake Austin on RR620.

lago vista dr - home for sale - lakeway - lake travis real estate

This house is unique because it can be used in several different ways.

The way the seller would like the new owner to use it is in its current form with a main house that has 2 bedrooms and 1 1/2 baths with a Bed & Breakfast that is connected, though has it's own separate entrance, bathroom, and kitchen equipment. This very active Bed & Breakfast will bring in approximately $30,000-35,000 this year and that's part time. If the new owner got serious with it, they could accomplish more than that with the high demand in the Lake Travis area. What a great additional income stream!

Another option would be to use the B & B as a short term or long term rental apartment. I would personally take this option because I wouldn't want to run out everyday and provide pastries or coffee to my guests. As a short term rental, the guests would be responsible for their own meals. And a long term rental would be just like any other apartment being rented.

An option could also be to make the B & B area a downstairs master suite. It's nice and secluded from the rest of the house, it would be nice... or throw a teenage child over there and you won't care how loud the music is!!

lago vista dr - home for sale - lakeway - lake travis real estate

The property speaks for itself with these pictures. Look at all the Balconies, Decks, Water Features, Greenbelt, and Mature Trees.

lago vista dr - home for sale - lakeway - lake travis real estate

lago vista dr - home for sale - lakeway - lake travis real estate

lago vista dr - home for sale - lakeway - lake travis real estate

lago vista dr - home for sale - lakeway - lake travis real estate

lago vista dr - home for sale - lakeway - lake travis real estate

lago vista dr - home for sale - lakeway - lake travis real estate

lago vista dr - home for sale - lakeway - lake travis real estate

lago vista dr - home for sale - lakeway - lake travis real estate

The seller also has archetectural plans for an add-on for a downstairs master suite on the other side of the house if any buyers are interested.

Looking for an investment property to pay your mortgage on its own? This is the house for you!!

 

**Are You Packed Yet?**

donna harris Realtor Austin TX blog

Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
austin-texas-homes-for-sale.com

Austin TX Real Estate

and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way. 

For real time Austin TX listings,click here.

** Multi-Million Dollar Producer Year after Year **

Copyright© 2013 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* 3921 Lago Vista - Austin - 78734 - Secluded Hideaway for Sale with B&B
* was first published on donnahomesblog.com.

 

Comment balloon 5 commentsDonna Harris • May 09 2013 02:53PM

Comments

That's a great looking listing you have there Donna.  While I like staying at B&Bs I don't think I would ever want to own/run one.  I like your idea of using that part of the property as a rental instead.  Good luck!

Posted by Jim Patton, Realtor - Stanislaus & Merced county Realtor. (Century 21 M&M - 209-404-0816) over 5 years ago

Jim, It's a great property whatever the new owner decides to do with it. Outside the city limits, so no restrictions.

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) over 5 years ago

Donna

Your new listing is in a great setting for a bed and breakfast in Austin Texas.

Good luck and success,

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 5 years ago

What a great looking place! I just love it! I love the landscape, the back yard ambiance! The house is pretty dang cute too! OMG what a deal!

I told my husband I want my back yard to look like that!

Posted by Sussie Sutton, UTR TEXAS Realtors - Rep for buyers and sellers. (UTR Texas Realtors) over 5 years ago

Lou, Thanks!

Sussie, Yes, it's amazing!

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) over 5 years ago

Participate