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