3.13± Acres – Income-Producing Historic Estate, Frio River
512 CR 348 (River Road at CR 392)
Uvalde County, Concan, TX 78838
Set in a private privileged position, Agave Point is a gated Historic Estate in the renowned live water, Hill Country vacation community of Concan, Texas. This very special property is a vacation rental income-producing opportunity set near the crystal clear Frio River. The 3.13± Acre family compound adjoins two separate lots for future development that are bordered by Shut-In Creek and within easy walking distance to the River. The historic structures are enhanced by fine amenities that include a main river house, pool house, historic cottage, renovated barn, bunk house and poolside cabana. Step through ancient 350-year-old wooden doors to a private backyard oasis of lush colorful bougainvillea and tropical palm trees. Barefoot luxury, white rock pathways lead to each separate luxury retreat, totaling 5 bedrooms, 6 baths, that includes an outdoor shower, with accommodations for 18. The two adjacent lots are 1.175 acres and .70 acres respectively, bordered by Shut-In Creek, which allows for future waterfront expansion, inspiring you to build other retreats.
Price: $2,300,000. Gated 3.13 AC. estate includes the 2 adjoining lots. Separate Pricing as follows:
Lot A -1.258± Acres, Homes: $1,999,000.
Lot B – 1.175 Acres: $175,000.
Lot C – .6972 Acres: $125,000.
Historic Improvements:
River House (1,200 SF)
The historic River House is the cornerstone of the Estate providing comfort for every generation. Built from rocks pulled from the Frio River, vintage hardwood floors, bead board ceilings and plantation shutters that capture the morning sunlight, yet offer cool shade in the evening. Comfortable indoor dining seats 18. The quaint breakfast kitchen #1 has vaulted ceilings, gas stove/oven and stainless appliances. There’s a generous sized full bath and another half bath in the laundry room. A grand master suite includes original wood floors, romantic 4-poster king size bed and custom built-in twin bunk beds. A children’s daybed is tucked into an alcove.
Cottage (750 SF)
You’ll first experience the charming covered sitting porch before walking into the private whitewashed oasis built on a river rock foundation. Decorated with cool crisp décor, there’s a floor-to-ceiling white rock fireplace, wood floors, 16’ vaulted ceiling, wooden beams plus an open air, river rock shower. Sweeping views of the distant hill tops and sparkling pool that reflects off the wall of windows. Accommodating a 4-poster King size bed accented with upscale antiques and ensuite bath. A charming twin bed is tucked into an alcove.
Barn (1000 SF)
Light & bright, this repurposed retreat has the second commercial grade kitchen, with wood floors, vaulted ceilings and two sets of French doors overlooking the covered porch and sparkling pool. There are 3 stainless gas ovens, 4 sinks, 6-burner gas range and a huge center island to make large scale meals and hosting events a breeze. The covered porch has a dining table overlooking the pool bordered with tropical landscaping. Enhancements include an outdoor sound system and subtle mood lighting. The private bedroom has a vaulted ceiling, wood floors and 2 twin bunk beds. The pretty bathroom features a river rock shower, vaulted ceiling & wood floor.
Bunkhouse (550 SF)
Other Improvements:
Pool House (700 SF) : Step thru French doors into a private, inviting oasis. King size bed, 12’ vaulted ceilings and wood floors. Extra large, spa-like ensuite bathroom has marble counters & floor-to-ceiling tile shower with bench seating.
Poolside Cabana: The 40’ poolside grand Cabana features a 16’ vaulted ceiling, stucco walls and white rock columns sit beside the deep water, aquamarine pool that offers complete privacy. Underwater multi-colored pool light, rustic lanterns and dramatic flame lighting is a perfect night time take-your-breath-away experience.
Grounds: The compounds lush, tropical resort landscaping is high fenced, cross fenced and gated. Only a short 4 minute walk down a quaint gravel path leads to the cool, clear Frio River near the “big rock” under dramatic rock cliffs. There is tremendous upside potential to develop the 2 additional lots bordering Shut-In Creek for additional rental income. Paradise within reach!
Utilities: BEC electric. Road Runner Gas propane.
Schools: Leakey I.S.D. Taxes: $5,435.63 No city tax.
Broker Note: Financials are available. A Non-Disclosure Agreement may need to be signed to receive the financials.