124 Madrona The Madrona Collection | Highway 16 Commercial & Hospitality Opportunity: This 6.98-acre Hill Country retreat offers exceptional Hwy 16 frontage, no residential restrictions, and outstanding development potential for hospitality, retail, events, or residential use. The existing duplex and manufactured home provide immediate rental income while you bring your vision to life. Units A & B of the fully furnished 1, 938 sq ft duplex (built in 2019) each feature one bedroom, a four-bunk sleeping loft, full bathrooms on both levels, a retro spiral staircase, private laundry, and an exterior staircase leading to the primary bedroom deck. They have a semi-private outdoor living space complete with a grill, dining area, covered patio, waterfall, hot tub, and propane fire pit. Unit C is a fully furnished 640 sq ft one-bedroom, one-bath manufactured home with its own private deck, hot tub, propane fire pit, grill, and dining area. Additional amenities include a lighted gathering patio with games, grilling and dining areas, plus a separate air-conditioned building with restrooms and storage. All appliances and personal property convey, creating a turnkey investment with development potential.