Trevor Moy
Capitol Ranch Real Estate, LLC
This unique property offers three separate living spaces, each with the versatility for long-term or short-term rental use. The current owners lease the ~2,236 sq ft, 3BD/2.5BA main residence to a long-term tenant, while operating the two fully remodeled studio cottages (~393 sq ft and ~700 sq ft) as short-term rentals. Both cottages feature private hot tubs, hand-built outdoor living spaces, and charming interiors designed for guest comfort.
With established rental history, multiple income streams, and flexibility to adjust the mix between long-term stability and short-term revenue, this property is ideal for investors, multi-generational living, or an owner seeking supplemental income.
Beyond its rental potential, the property holds a distinctive feature rarely found in the market — a vineyard and former hobby winery. While not currently in production, the infrastructure remains in place, including two wells, a fully irrigated vineyard, and a commercial greenhouse. With some rejuvenation and equipment servicing, the winemaking process could be revived, offering another layer of uniqueness and potential income or lifestyle enjoyment.
Directions: PROPERTY HAS TWO ENTRANCES/ADDRESSES: use 1677 Mc Iver Rd entrance and ignore Google Maps instruction to turn left on Purple Sage! From Austin, we recommend taking Hwy 45 to 1826 to Elder Hill to RR 12 to 2325 to Fischer Store Rd to 484 to 306. From FM 306, turn on to Potter’s Creek Road, and left on Mc Iver Road. From San Antonio, take US 281 North and exit FM 306 West toward Canyon Lake. Drive approximately 8 miles and turn right onto Potter’s Creek Road. From FM 306, turn on to Potter’s Creek Road, and left on Mc Iver Road.
Trevor Moy
Capitol Ranch Real Estate, LLC
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Listed By: Jill Powell of Engel & Volkers Austin - (512) 294-1320