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$667,000

NAL Estimated Property Value

1120 Skyline Dr, Wimberley, TX, 78676

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,454 Sq Ft
price_per_sqft$325.96 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Refrigerator, See Remarks, Stainless Steel Appliances, Washer
FlooringWood

Exterior

Exterior FeaturesBalcony, Exterior Steps, Private Yard, See Remarks
Lot Size2.86 acres

Building Information

Year Built2023
Garage Spaces1

Land Information

APNR196438
Lot Number7B
SubdivisionSkyline Acres 1
Land UseResidential, 5 Acres Or Less
Legal DescriptionSKYLINE ACRES 1, LOT 7B, ACRES 2.857 TAX CODES:RSP,SWI
Census Tract010812
Assessed Land Value$236,590
Assessed Improvement Value$412,490
Assessment Year2025

About this property

Welcome to this incredibly private property, a true hidden gem nestled on 2.85 acres with an additional 3.13 acres also available for $400K. This property is unrestricted with a captivating wet weather creek and beautiful mature trees. This property presents an exceptional opportunity for the person wanting something fully renovated on acreage, STR use, or family compound with several additional building sites regardless if you purchase both lots or not. This fully updated home has been renovated from the studs out with all new cabinetry, appliances, fixtures, gorgeous tile work etc. White oak hardwood floors run throughout the main living areas leading you through the cozy family room that boasts a stone, wood burning fireplace into the meticulously designed, and a spacious kitchen with center island and ample cabinetry for storage. With the primary bedroom being down, every room has exceptional privacy and leaves options to use as an office, flex space or more. The screened in back porch and enclosed side porch provide many options for a space to relax, or bring the outdoors in, and utilize the space as a garden room. Whether you're seeking a private retreat or an investment opportunity, this property offers the best of both worlds.

Investor Tools

Property Icon
$667,000
Estimated Property Value
$0Estimated Mortgage Balance
$667,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,799 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$980/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,422
$649,080
2025
$236,590
$412,490
$649,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,422
$649,080

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$657,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Wimberley

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