— bed, — bath on 0.41 acres in Wimberley. Wimberley, TX 78676. $3,895,000.
About This Home
The Square Inn & Legacy Lounge presents a rare opportunity to acquire an established boutique hospitality and event venue in the heart of historic Wimberley Square, one of the Texas Hill Country's most desirable tourism destinations. This turnkey, income-producing property combines a highly regarded boutique inn with a newly completed event venue, creating a differentiated hospitality platform with multiple revenue streams and significant growth potential. The Square Inn has built a strong reputation for exceptional guest experiences, repeat clientele, and a prime walkable location just steps from Wimberley's restaurants, boutiques, galleries, and attractions. The property offers thoughtfully designed guest accommodations, inviting outdoor gathering areas, resort-style amenities, and approximately 8,000 SF of total improvements. The Legacy Lounge adds approximately 2,200 SF of indoor-outdoor event space capable of accommodating up to 100 guests. The venue is ideally suited for weddings, rehearsal dinners, corporate retreats, private celebrations, and other destination gatherings. The addition has already contributed to meaningful revenue growth and positions the property for continued expansion through event programming and experiential hospitality offerings. The business benefits from an established operating history, strong brand recognition, a loyal customer base, repeat visitation, and an extensive proprietary guest database. Located within easy reach of Austin, Dripping Springs, and San Antonio, Wimberley continues to experience strong tourism demand driven by its natural beauty, outdoor recreation, thriving arts community, wineries, and year-round visitor attractions. Offering a compelling combination of existing cash flow, event-driven revenue, & future growth potential, The Square Inn represents a unique opportunity for hospitality operators, investors, event venue owners, or lifestyle buyers seeking a premier Hill Country hospitality asset.
The Square Inn & Legacy Lounge at 110 Oak Drive in Wimberley represents a working hospitality asset generating income from day one in one of the Hill Country's highest-traffic tourist destinations. This turnkey hotel and event venue sits on 0.411 acres in the heart of Wimberley Square, where foot traffic flows naturally from the galleries, restaurants, and shops that line the historic district. The property combines approximately 8,000 square feet of guest accommodations with a newly completed 2,200-square-foot event space capable of hosting up to 100 people indoors and outdoors.
The inn itself operates with a strong track record of repeat guests and positive reviews, built on thoughtfully designed rooms and resort-style amenities that keep visitors returning. The recently completed Legacy Lounge has already moved the revenue needle, adding event programming capacity for weddings, rehearsal dinners, corporate retreats, and private celebrations. This dual revenue model lets the property earn from nightly room bookings while capturing weekend event spending that commands premium pricing in the Wimberley market.
The location delivers significant competitive advantages. Wimberley sits approximately 30 minutes from Austin's tech corridor and major employment centers, close enough for weekend getaways but far enough to feel like genuine escape. The property benefits from established brand recognition, an extensive proprietary guest database, and the natural draw of Wimberley's outdoor recreation, live music venues, farmers market, and year-round arts programming. Businesses like Domain, Apple, Oracle, and Tesla operations in greater Austin create consistent corporate retreat demand, while San Antonio visitors represent another source of gateway tourism.
The frame construction and laminate flooring reflect a practical, maintainable design suited to hospitality operations rather than pure luxury positioning. What matters here is operational efficiency and revenue reliability. The property offers multiple paths forward for the right operator: expand event programming, grow the guest room portfolio, develop experiential packages around Hill Country wine and outdoor activities, or simply optimize the existing model for strong cash flow.
For hospitality investors, event venue operators, or lifestyle buyers seeking active income in a proven tourism market with demonstrated growth, this represents rare access to an established, cash-flowing Hill Country property with multiple revenue streams already performing.
The numbers behind this insight
- Offered at
- $3,895,000
- Listed
- May 28, 2026
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $740 per sq ft over the trailing 12 months (186 sales), as of October 20, 2026.
- Property Type
- Commercial Sale
- Year Built
- 1980
- Lot Size
- 0.41 acres
Listing information last updated October 5, 2026.
Listed by Compass RE Texas, LLC
MLS# 3360942 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Laminate
- Heating
- Central,Ductless,Electric
- Cooling
- Ceiling Fan(s),Central Air,Ductless,Electric,Wall/Window Unit(s)
Exterior & Lot
- Frame
- Slab
- Lot Size
- 0.41 Acres
- Additional Parking
- Guest
- Off Site
- On Site
- Outside
Financial
- Original List Price
- $3,895,000
Utilities
- Above Ground
- Electricity Connected
- High Speed Internet
- Phone Connected
- Sewer Connected
- Water Connected
- Water Source
- Private
- Sewer
- Private Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 110 Oak DR, whoever represented it.
- ActiveListed 2026Current price: $3,895,000Original list: $3,895,000MLS 3360942
- Listed · May 28, 2026$3,895,000
- WithdrawnListed date not recordedCurrent price: $725,000Original list: $925,000MLS 3967767
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $3,895,000
- Original list
- $3,895,000
- Price movement
- No verified reduction
- Listed / DOM
- May 28, 2026 · 145 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $963,140
- Assessment Year
- 2025
- Year Built
- 2012
- Parcel ID
- 10-0461-0175-00000-8
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $963,140 | $98,170 | $864,970 |
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Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($779K)
Adjustable assumption - not a lending recommendation.
$3,895,000
Luxury property intelligence
Keenan Market Position
A sourced read on Wimberley pricing, timing, and property scale. No automated valuation claim.
List price
$3,895,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
145 days
Original to current
No verified reduction
$3.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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