13190 Fm 306Canyon Lake, TX 78133
- Other commercial real estate
- 2,642 SF
Property Details for 13190 Fm 306
- Year built
- 1984
- Lot size
- 21.34 AC
- Property size (Sq ft)
- 2,642 SF
- Property type
- Other commercial real estate
- APN
- 74-0388-0014-01
- APU
- 740388001401
Description
Exceptional opportunity to acquire the Mystic Quarry Resort, a 21-acre RV park and campground nestled in the Texas Hill Country between Austin and San Antonio. This established resort boasts 118 sites, including 52 RV sites, 34 park models/cabins/apartments, and 32 glamping sites. Previously recognized with the Texas Association of Campground Owners (TACO) Accommodations of the Year Award, the resort offers a unique blend of amenities, including a large pool and clubhouse, hiking/biking trails, and a shuttle service for river tubing on the nearby Canyon Lake and Guadalupe River. While recent revenue has decreased due to factors including management changes, drought conditions, and increased competition, this presents a significant opportunity for an experienced operator to restore profitability. The property's prime location in a popular tourist destination, coupled with its existing infrastructure and award-winning history, positions it for substantial revenue growth under effective management. The 2021 trailing twelve-month revenue was $1,800,000. This is a remarkable opportunity for a buyer with institutional management experience in the RV space to significantly enhance revenues and operational efficiency. The asking price is $8,300,000. The property is located at 13190 FM306, Canyon Lake, TX 78133, in Comal County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $567,583
- Hospitality
- $519,903
- Educational
- $432,553
- Medical
- $447,429
- Retail
- $672,860
Location Insight
- City
- Canyon Lake
- County
- Comal
- State
- Texas
- Latitude
- 29.8688
- Longitude
- -98.1757
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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