Listing Courtesy of: Stacy Bass - Compass RE Texas, LLC
512-575-3644
$999,000
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120 Cedar Bend Road Rd Wimberley, TX 78676
Other
Residence
Beds
Baths
...
Bed/Bath
6,500
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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.
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MLS#
2768279
Property Type
Other
Year Built
2003
Square Feet
6,500
sq. ft
Lot Size
4.1
Stories
1.0
Sewer
Private Sewer System, Holding Tank, Shared Septic System
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