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