Set on 10 acres in Driftwood’s Rolling Oaks subdivision, 600 Misti Lane delivers the kind of Hill Country quiet that buyers in this market are actively searching for. The land is level, fully fenced, and shaded by native oaks, with enough room for horses, farm animals, or simply the space to spread out. The property sits in a community of acreage parcels where neighbors are not stacked on top of each other, and the setting stays rural in every direction.

The main house is a single-story, three-bedroom, one-bath residence with an open floorplan, a breakfast bar, a dedicated laundry room, and all bedrooms on the main level with no interior steps. Adjacent to the main house, a fully restored vintage Spartan trailer functions as a complete second living unit with its own bedroom, bathroom, kitchen, living and dining area, and a wrap-around deck and stone patio that make it feel like a standalone dwelling. The Spartan is connected to the shared well, its own electric meter, and the shared septic system. An enclosed exterior laundry closet with a washer and dryer conveys with the sale.

Spartan trailers — manufactured by Spartan Aircraft Company from 1945 to 1961 — are highly sought after by vintage trailer collectors and restoration enthusiasts for their riveted aluminum construction and mid-century craftsmanship. A fully restored, turn-key Spartan already installed on 10 private acres, with its own meter, deck, and septic connection, and conveying with the sale, is a genuinely uncommon find in the Hill Country. For Spartan trailer enthusiasts, this property does the heavy work: the trailer is already here, already restored, and already set up to live in year-round.

For buyers focused on income potential, the setup at 600 Misti Lane is difficult to replicate. Airbnb the restored Spartan trailer as a boutique Hill Country experience while living in the main house. Rent the main house and manage the Spartan as a short-term rental. Or list both units when you travel. Four separate electric meters mean each unit runs and bills independently — no complicated utility splitting, no shared accounts. A third hookup-ready pad with existing electric, plumbing, and a compost toilet adds a third potential income unit for buyers willing to bring in an additional trailer or structure. Buyers should verify short-term rental regulations applicable to the property prior to closing.

What makes this property genuinely uncommon is the infrastructure already in place. Four separately metered electrical connections serve each structure independently: the main house, the Spartan trailer, the third hookup-ready pad, and the 20×20 garage and workshop shared with the well pump house. All four meters are active and billed separately. A shared well serves every structure on the property, and a shared septic system covers the main house and the Spartan trailer.

Five minutes down the road, the Hays City Store and Ice House, Mean Eyed Cat Bar, and Whiskey Ridge provide local character without requiring a long drive. Wimberley is accessible to the south, and Austin is within reach to the north. For buyers focused on income potential, multi-generational flexibility, or simply the rare chance to own 10 Driftwood acres without the weight of a mandatory HOA, this property delivers options that are hard to replicate at this price point.

Eleven Oaks Realty prepared a full rental income analysis for this property using 2026 Driftwood market data. 600 Misti Lane has three income-generating units and the numbers support a compelling investment case at $699,000 — including a recommended mixed strategy that projects approximately $54,625 in net annual income, a 7.8% gross yield.

Recommended approach: List the Spartan trailer on Airbnb immediately (zero setup cost, ready now), lease the hookup pad to a monthly tenant who brings their own trailer for immediate passive income, and long-term rent the main house for stable cash flow. This Mixed Strategy projects approximately $54,625 in net annual income at a 7.8% gross yield without putting all income in the more variable short-term rental basket. Once the Spartan trailer builds reviews and steady occupancy, invest in a trailer for the hookup pad and shift both units to STR for maximum income potential.

Income projections are estimates based on 2026 Driftwood market data and comparable listings analyzed by Eleven Oaks Realty, June 2026. Actual income will vary based on management quality, listing presentation, seasonality, and market conditions. This is for informational purposes only and does not constitute a guarantee of income. Buyers should independently verify all applicable short-term rental regulations in Hays County prior to closing. Gross yield = gross annual income ÷ purchase price; does not include mortgage, taxes, insurance, or capital improvements.