Lichman Group
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120 Cedar Bend Rd, Wimberley, TX 78676

$999,000
  • 120 Cedar Bend Rd, Wimberley, TX 78676 Main Photo

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Active
LOT SIZE 4.100 acres SQUARE FEET6,500 MLS#7381510
STATUSActive PROPERTY TYPELand SUBDIVISIONBurnett Ranch SCHOOLWimberley ISD

Property Description

Charming Income-Producing Compound - Ideal for Investors or Owner-OccupantsProperty 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 streetDiscover 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.

120 Cedar Bend Rd | MLS# 7381510

This land located at 120 Cedar Bend Rd, Wimberley, TX 78676 is currently listed for sale with an asking price of $999,000. The property has approximately 4.10 Acres. Cedar Bend Rd is located within the Wimberley ISD school district. Search Wimberley real estate on www.lichmangroup.com today.

Property Features

Property Type: Land
Cooling: Ceiling Fan(s), Central Air, Varies by Unit
Fenced: Yes
Fireplaces: 1
Heating: Central
Lot Size: 4.10 Acres
Roof Type: See Remarks, Composition, Metal
Stories: 1.0
Taxes: $4,628
Year Built: 2003

Amenities

See Remarks
Vaulted Ceiling(s)
Chandelier
Laminate Counters
Electric Dryer Hookup
Entrance Foyer
High Speed Internet
In-Law Floorplan
Kitchen Island
Multiple Dining Areas
Multiple Living Areas
Natural Woodwork
No Interior Steps
Open Floorplan
Pantry
Primary Bedroom on Main
Soaking Tub
Storage
Walk-In Closet(s)
Uncovered Courtyard
Dog Run
Garden
Private Entrance
Private Yard
RV Hookup

Feature Descriptions

Appliances: Dishwasher, Electric Range, Exhaust Fan, Microwave, Electric Oven, Plumbed For Ice Maker, Electric Water Heater
Area #: HW
Community Features: See Remarks, Fishing, Google Fiber, Lake, Picnic Area
Days on Site: 89
Exterior: Frame, HardiPlank Type, Stone
Fencimg: See Remarks, Fenced, Perimeter, Stone
Fireplace: See Remarks, Family Room
Flood Plain: No
Flooring: See Remarks, Carpet, Laminate
Laundry: Electric Dryer Hookup
Lot: Back to Park/Greenbelt, Bluff, Cleared, Front Yard, Garden, Interior Lot, Landscaped, Level, Native Plants, Private, Many Trees, Views
Other Equipment: Varies by Unit
Parcel#: 1110050000018008
Parking: See Remarks, Additional Parking, Assigned, Carport, Circular Driveway, Common, Detached Carport, Drive Through, Driveway, Gated, Open, Shared Driveway, Varies by Unit
Parking Notes: See Remarks, Additional Parking, Assigned, Carport, Ci
Patio/Porch: See Remarks, Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch
Pets Allowed: Cats OK, Dogs OK, No Breed restrictions, Negotiable
Restrictions: See Remarks, Covenant, Deed Restrictions, Lease
Security: Smoke Detector(s)
Sewer: Engineered Septic, Private Sewer, Shared Septic, Sept
Special View Info: Canyon, Hill Country, Panoramic, Trees/Woods
Utilities: See Remarks, Above Ground, Electricity Connected, Internet-Fiber, Natural Gas Not Available, Sewer Connected, Water Connected
Water: Private, Well

Local Schools

High School: Wimberley
Middle School: Danforth
Elementary School: Blue Hole
School District: Wimberley ISD

Listed By / Shown By

Listed By

Agency Name: Compass RE Texas, LLC
Agency Contact: (512) 413-7893

Shown By

Agent Name: Lichman Group
Agent Phone:
Agency Title: Realty Capital City

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Estimated Payment

$ 2,900.38 per month $2,223.34 Principal & Interest $385.67 Property Tax $291.38 Homeowner's Insurance

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