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A+
NoAgentList RatingHow are grades calculated? Info
Days186Days on Market
Views1view
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$949,900

120 Cedar Bend Rd, Wimberley, TX, 78676

$1,234,870 ARVInfo
On MarketInfo
Beds10 Beds
Baths9 Bath
Baths6,500 Sq Ft
OtherOther
price_per_sqft$146.14 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 10Bedrooms 10
Bathrooms Full 9Bathrooms Full 9
Bathrooms Half 5Bathrooms Half 5
AppliancesDishwasher, Electric Range, Exhaust Fan, Microwave, Electric Oven, Plumbed For Ice Maker, Electric Water Heater
FlooringSee Remarks, Carpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Uncovered Courtyard, Dog Run, Private Entrance, Private Yard, RV Hookup
Lot Size4.10 acres

Building Information

Year Built2002
Stories1

Land Information

APNR22469
Lot Number18
SubdivisionBurnett Ranch Sec 2
Land UseResidential
Legal DescriptionBURNETT RANCH SEC 2, LOT 18, SERIAL # ZWK801411706, LABEL # ULI0202315, ACRES 4.1 TAX CODES:RBR,RSP,SWI
Census Tract010811
Assessed Land Value$216,260
Assessed Improvement Value$110,650
Assessment Year2025

About this property

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.

Investor Tools

Property Icon
$590,000
Estimated Property Value
$149,900Estimated Mortgage Balance
$454,947Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,234,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,699 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Stacy Bass

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,256
$318,134
2025
$216,260
$110,650
$326,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,256
$318,134

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Sba Participation Trust Deed
$149,900
No
First
Apr 28, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,581
$728,419
84%
23%
$899/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.

Explore Texas Explore This Area
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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120 Cedar Bend Rd | Property Details | No Agent List