104 Scudder Ln #1-8, Wimberley, TX 78676

Turnkey investment featuring eight fully remodeled cottages on a landscaped 2.6-acre parcel in Wimberley. Property includes five 1BR/1BA and three 2BR/1BA cottages, all operated as high-performing short-term rentals. Average annual NOI of $214,733 (CPA-verified, 5-year average) with a cap rate of ~8%. Includes all land, improvements, FF&E, business infrastructure, and recent major upgrades. No city or ETJ restrictions, hotel taxes, or big box competition. On-site amenities include dog park, fire pit, open-air pavilion, direct water access easement to Cypress Creek, and ample parking. Flexible management: self-operate, outsource, or lease. Strong repeat guest base, robust direct booking (90% direct booking /10% OTA), and professional marketing assets. Owner financing and 1031 exchange eligible. Supporting docs available.

At 104 Scudder Ln #1-8, the headline is not just the $2.69 million price tag - it is the rare combination of eight remodeled cottages, a CPA-verified five-year average NOI of $214,733, and 2.6 acres with Cypress Creek access in Wimberley. In Wimberley, 104 Scudder Ln #1-8 is marketed as a Residential - Single Family Residence with 5,075 square feet at $530 per square foot, built in 1992, but the real story is a fully operating hospitality asset with flexibility that is hard to find in Hays County.

This property is set up as an income-producing compound with five 1 bedroom, 1 bathroom cottages and three 2 bedroom, 1 bathroom cottages, all updated and positioned for short-term rental demand in Wimberley, TX 78676. The current setup includes the land, improvements, furnishings, fixtures, equipment, and business infrastructure, which matters for a buyer who wants immediate continuity instead of a long conversion timeline. The offering also stands out for its 90 percent direct booking mix, limited dependence on OTA channels, and the option to self-manage, hire professional management, or hold as a leased hospitality asset.

From a location standpoint, this is one of the more grounded plays in the Wimberley market. Cypress Creek is the draw, and the direct water access easement gives the property a tangible tie to one of the area’s best-known natural features. Wimberley Square, Blue Hole Regional Park, Ranch Road 12, and FM 2325 shape daily movement here, giving guests quick access to shopping, dining, swimming, and event traffic without putting the site in a high-competition commercial corridor. That matters because the remarks point to no city or ETJ restrictions, no hotel tax burden, and no big box competition pressing on the experience.

The amenity package is practical and guest-focused: a dog park, fire pit, open-air pavilion, landscaped grounds, and ample parking. Those details support repeat stays and group bookings in a market where outdoor gathering space drives reviews and occupancy. School district information is not published in the current listing, so buyers should verify Wimberley ISD attendance zones and campus assignments directly if that factor matters to future use or exit strategy.

For an investor, this is not a generic Hill Country listing. It is a proven lodging business on creek-oriented land with a long operating runway, real optionality, and a location that should keep lifestyle demand and asset value in the conversation for years ahead.