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$639,000

1600 Flite Acres Rd Fl Ite, Wimberley, TX, 78676

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,249 Sq Ft
price_per_sqft$511.61 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDryer, Free Standing Electric Range, Free Standing Refrigerator, Washer
FlooringLaminate

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APNR26745
Lot Number7
SubdivisionEagle Cave View
Land UseResidential
Legal DescriptionEAGLE CAVE VIEW LOT 7 HOUSE GEO#90605707 TAX CODES:GHA,RSP,SWI
Census Tract010812
Assessed Land Value$776,110
Assessed Improvement Value$120,290
Assessment Year2025

About this property

Tucked away along the Blanco River, 1600 Flite Acres Rd offers a rare opportunity to own a completely remodeled riverfront property at an attractive price. The home was taken down to the studs and rebuilt from the ground up, giving you a fresh, updated space without losing the relaxed feel that makes this area so special. The main living area features a comfortable one bedroom layout, while downstairs you will find a newly remodeled guest quarters and den area that provides extra space for guests, relaxing, or whatever fits your needs. Outside, the detached patio is a great place to sit, BBQ, and enjoy views of the river. When you're ready to get in the water, it is just a short stroll down to the river for easy access and a place to enjoy the Blanco. There is also room on the property to build a larger home next to the existing cabin, giving the next owner options for the future. Enjoy the cabin as it is, use it as a guest house, or build a larger home while keeping this remodeled space for additional living area. Flite Acres Rd is one of Wimberley's most sought after locations, known for its beautiful properties, riverfront homes, and close proximity to town. With its complete remodel, Blanco River frontage, room to expand, and location just minutes from the Wimberley Square, this property offers a chance to own on one of the area's premier roads at a price that is hard to find for riverfront property.

Investor Tools

$0Estimated Mortgage Balance
$664,685Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,988 /month
Positive
Cash Flow Estimate:
$1,329 /month

Interested in this property?

Jonathan Bailey

Hills Of Texas Sky Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$949/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,059
$664,685
2025
$776,110
$120,290
$896,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,059
$664,685

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$664,685
100%
0%
$0/mo

City: Wimberley