Contact Information

Jon Fisher
License: 471.020503 (IL) 18000549 (IN) 117228 (SC)

MR LANDMAN LLC

CONTACT BROKER

Price: $3,000,000
Purchase Method: Cash, New Loan
Listing ID: 6712358
Posted On: Aug 29, 2024
Updated On: Sep 5, 2024

Description

The Texas Music River Ranch (TMRR) is an intriguing property located approximately 15 miles from downtown Austin, TX (The Live Music Capital of the World). The property will be +/- 90.00 acres after the current owner surveys out a small portion for a family compound.It has riparian rights to the lazy Colorado River which borders the western side of the property. The TMRR could be developed into a gorgeous RV park overlooking the Colorado River and onsite pond. It also could be further developed into a bustling live music event center (where the foundation has already started to be laid). At only $33,333/acre there are a myriad of possibilities for a creative investor!

The following items are already on site and included with the parcel:

Main cabin with office (Bedroom, kitchen, laundry, back porch with stage)

32' x 32' portable stage

12' x 12' river stage

One cabin (1 bed/1bath, fully functional)

One cabin (ADA compliant)

Over 100 campsites (primitive camping)

12 port-a-potties

4 portable handwashing stations

Cottage (one bedroom, fully functional)

8 outdoor showers

4 RV hookups (full)

10 RV hookups (electrical & water only)

16' x 32' storage shed

Food Trailer

The park is already hosting some smaller music festivals:

"Medicine for the People Festival". This is a two day festival that brings in around $15,000 annually. Approximately 700+ in attendance with three stages.

"Solar Punk Festival". This is a two day festival that brings in around $8,000 annually. Approximately 500+ in attendance with two stages.

"Ecstatic Forrest Festival". This is a two day festival that brings in around $15,000 annually. Approximately 700+ in attendance with multiple stages.

"Sol River Jamboree". This is a two day festival that brings in around $11,000 annually. Approximately 600+ in attendance with two stages.

In addition to the music festivals listed above, the property is currently generating additional income by hosting the following events:

Many smaller bands/shows averaging $1,000 to $2,000 per event.

Weddings (Host multiple weddings per year and average $1,000 to

$2,500 per wedding)

Birthday Parties (Host multiple birthday parties per year and average

around $550/four hours)

Hipcamp camping generates $5,000 annually (and is growing).

Cabin Rentals (Cabins rent from $150 to $500/night).

4 full-hookup RV sites generate $100-150/night.

10 RV spots to rent ($75/night).

Unlimited primitive camping sites ($25-100/night).

VIP camping on the river (Starting at $45/person).

Location

Webberville is located:

16 miles SE of Austin, TX
95 miles NE of San Antonio, TX
97 miles SW of College Station, TX
107 miles SW of Waco, TX
151 miles NW of Houston, TX
200 miles SW of Dallas, TX
(Currently over 15,000,000 residents within a three hour driving range of this property)

Travis County is located in Central Texas. As of the 2020 census
the population was 1,290,188. It is the fifth-most populous county in Texas. Its county seat and most populous city is Austin, the capital of Texas. The county was established in 1840 and is named in honor of William Barret Travis, the commander of the Republic of Texas forces at the Battle of the Alamo. Travis County is part of the Austin–Round Rock–Georgetown Metropolitan Statistical Area.

When it comes to the economy, Austin is known for its strong job market, particularly in the technology sector. This has led to the city being nicknamed "Silicon Hills." Besides tech, Austin also has thriving music, entertainment, healthcare, and education sectors. This mixture helps create a stable and growing economy, attracting people from various industries. Life in Austin offers a wide range of activities, especially for those who enjoy music and the outdoors. The city is often referred to as the "Live Music Capital of the World" because of its many music venues and annual festivals. For outdoor lovers, there's no shortage of parks, trails, and water activities to keep you busy. The food scene in Austin is also noteworthy, with an impressive selection of restaurants and food trucks offering everything from classic Texan barbecue to international cuisine.

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