120 Cedar Bend Rd, Wimberley, TX 78676

Sqft
6,500

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Listed byCompass RE Texas, LLC
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Overview

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.

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
1
Square feet
6,500
Lot size (acres)
4.10
Year built
2003

Interior features

Fireplaces
1
Laundry
Outside, Laundry Room, Inside, Electric Dryer Hookup

Exterior features

Waterfront
None
Area amenities
Gated Community

Utilities

Heating
Central
Cooling
Central Air, Ceiling Fans
Sewer
Private Sewer, Septic System
Water
Private, Well

Taxes

Tax Annual Amount (2025)
$4,628.85

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Unlock MLS (Austin Board of Realtors) MLS®#: 7381510 Last checked:

 

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.