120 CEDAR BEND ROAD ROAD, WIMBERLEY, TX 78676

Homes for sale in Wimberley.

Homes for sale in 78676.


120 Cedar Bend Road Road

Wimberley, TX 78676

Active

List Price$999,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #2768279

10

Bedrooms

9 full, 5 partial

Bathrooms

6,500

Square Feet

House

Type

About This Property

Charming Income-Producing Compound - Ideal for Investors or Owner-Occupants Property highlights include: * 4.1 Private Acres with 6+Rental Units including the Owner-Occupied Main House * Main home includes 3 bedroom/3.5 baths +- 2500 sq.ft with attached sunroom * Additionally, the Main Home offers two decks, a covered pavilion that backs to a wet weather creek and features a panoramic hill country view. * +-1 Acre of undeveloped land for expansion, where additional units could be added * 2 separate gated entries * Beautiful old, hand-stacked stone rock walls surrounding the perimeter of +- 3 acres * Two water wells * Blanco River Access for property owners (a 28-acre member only gated river park) * Full RV Hookups and Private Parking Area * Storage Buildings/Sheds * Plenty of individual parking areas * Community fenced garden area * Plenty of room to add a community pool and/or private pool * High-speed fiber internet available to all sites * Located on a quiet, cul-de-sac street Discover this delightful income-generating family compound, perfect for both investors and owner-occupants. The property boasts a total of six rented single-family dwellings and one rented RV space; each home site features private parking, inviting outdoor living spaces, individual patio or decks and several units have fenced yards ensuring tenant satisfaction year-round. Many of the units have been recently constructed or have undergone extensive updates/remodels and have been meticulously maintained to enhance the appeal of this family compound and/or income-producing property. The current income, including potential rent from the owner-occupied main residence and the other five structures plus RV Site, is approximately $8,500 monthly. Significant increase in potential revenue if used as short-term rentals. Please note that the square footage of the buildings is approximated and combined for all units.

Property Features

Location Information

County

Hays

Subdivision

Burnett Ranch Sec 2

County

Hays

Directions

From downtown Wimberley head North on RR 12 Take a Left on Market Rd 2325, The Blanco Highway, approximately 7.3 miles then Left on Burnett Ranch Rd, Right on Sandy Point , Left on Circle Dr, then a final Right on Cedar Bend.

Area

HW

Interior Features

Interior

Chandelier, Separate/Formal Dining Room, Entrance Foyer, High Speed Internet, In-Law Floorplan, Kitchen Island, Laminate Counters, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, No Interior Steps, Open Floorplan, Pantry, See Remarks, Storage, Soaking T

Fireplace Description

Family Room, See Remarks

Primary Bedroom On Main

Yes

Heating

Central

Full Baths

9

Floors

Carpet, Laminate, See Remarks

1/2 Baths

5

Laundry

Inside, Laundry Room, Multiple Locations, Outside, Electric Dryer Hookup

Has Dining Room

Yes

Disabled Features

None

Has Fireplace

Yes

Appliances

Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker

Number of Fireplaces

1

Accessibility

None

Exterior Features

Style

Frame, HardiPlank Type, Stone

Parking Description

Additional Parking, Assigned, Circular Driveway, Common, Carport, Drive Through, Detached Carport, Driveway, Gated, Open, Shared Driveway,

Stories

1

Fencing

Fenced, Perimeter, See Remarks, Stone

Is New Construction

No

Lot Size in Acres

4.1

Construction/Exterior

Frame, HardiPlank Type, Stone

Waterfront Description

None

Exterior

Dog Run, Garden, Private Entrance, Private Yard, RV Hookup, Uncovered Courtyard

Has Waterfront

No

Foundation

Pillar/Post/Pier, Slab, See Remarks

Has View

Yes

Possession

Closing & Funding, Close Of Escrow, Seller Rent Back

View

Canyon, Hills, Panoramic, Trees/Woods

Water / Sewer

Engineered Septic, Private Sewer, Shared Septic, Septic Tank

Is One Story

Yes

Water

Private, Well

School

Elementary School District

Wimberley ISD

Middle School

Danforth

Elementary School

Blue Hole

High School

Wimberley

Additional Information

Roof/Attic

Composition, Metal, See Remarks

Year Built

2003

Other Utilities

Above Ground Utilities, Electricity Connected, Fiber Optic Available, Natural Gas Not Available, Sewer Connected, See Remarks, Water C

APN

111005000001800

Property Type

SFR

Status

Active

Property SubType

Other

Documents Available

Aerial, Building Plans, Deed Restriction, Lease, Site Plan, See Remarks, Rent Rolls, Survey

Similar Listings

Mortgage Calculator

$4,664

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,599

Monthly Tax

$832

Monthly Insurance

$233

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder