Buyers can pony up $4M for Texas drive-in

A popular Texas drive-in with an underground speakeasy is on the market for $4 million.

Doc’s Drive-in is outside of Buda, a booming suburb about 18 miles south of Austin. It’s advertised as “Film Acres” — possibly a reference to the 1960s rural sitcom Green Acres — and consists of 8 scrubby acres, two movie screens, a handful of movie-themed casitas suitable for short-term rental, and an underground night club.

The sale includes “proprietary elements and income of business to be disclosed to inquiring buyers,” according to the listing.

Opened in 2018, Doc’s was able to take advantage of a couple of COVID-related trends. One was the population migration from densely populated cities to sparser rural and suburban spots. The other was a spike in the popularity of drive-ins and other outdoor entertainment venues, which were able to open and operate more quickly after pandemic shutdowns and continue to be sought-after due to now-routine wellness concerns.

Michael Reisor and Ezra Cruz of Douglas Elliman Texas listed the property.

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