720 Hampel Rd

Palmer, TX 75152
List Price
$9,000,000
720 Hampel Rd
720 Hampel Rd - Image 2
720 Hampel Rd - Image 3
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Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

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Blake Carter
Blake Carter
Savvy STR Agent

About This Property

This property offers a rare combination of scale, luxury amenities, location, and value. There isn't another property at this caliber in the Dallas area. The 10 acre estate is only about 35–45 minutes from downtown Dallas and offers an exceptional amenity package, including an Olympic sized pool, multiple spas, indoor basketball court, theater, sauna, commercial grade kitchens, a 12 car garage, etc. Built in 2021, the property should also require significantly less capital than an older luxury estate. Most importantly, the property provides flexibility. It could be used as a luxury retreat, corporate compound, event venue, or high end short term rental. There are multiple potential strategies for maximizing the value of this unique asset.

Luxury
Family-friendly
Romantic-getaway
Adventure
Hot Tub
Pool
Game Room
Fireplace
Home Theater
Outdoor Kitchen
Fire Pit
Gym
Sauna

Property Details

16
Bedrooms
19
Bathrooms
32,733
Square Feet
2021
Year Built
10.08 ac
Lot Size
Single Family
Property Type

Projected Opportunity

Revenue Range
Projected ROI (optimized)
Avg Daily Rate
Avg Occupancy

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Savvy Recommended Upgrades

Luxury Design and Furnishings

Est. $600,000

Outdoor Pickleball or Sports Court

Est. $50,000

Install Firepit

Est. $40,000

Game Room

Est. $100,000

Other outdoor amenities

Est. $200,000

Your Agent

Blake Carter

Blake Carter

STR Investment Specialist

Austin, TX

115
Deals Closed
6
Years Experience

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Listing agent: Drew Nelson. Listing courtesy of Serhant Texas, LLC. Information deemed reliable but not guaranteed.

Financial & Investment Disclaimer: All information on this website is for informational purposes only and is believed accurate to the best of our knowledge but is not guaranteed. Nothing constitutes financial, tax, legal, or investment advice. All investments involve risk and you may lose some or all of your capital. Projections, case studies, and examples are illustrative only and not guarantees of future results. Agents operate independently under their own brokerages. Savvy may receive affiliate or referral compensation. Intended primarily for US residents. Conduct your own due diligence and consult your own professionals. Full disclosure applies.