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$635,000

1850 N Rainbow Ranch RD N, Wimberley, TX, 78676

$695,684 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,748 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$363.27 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Microwave
FlooringCarpet, Concrete

Exterior

Exterior FeaturesSee Remarks
Lot Size10.46 acres

Building Information

Year Built1998
Stories1
Roof Type112

Land Information

APNR38641
Lot Number70
SubdivisionRainbow Ranch
Land UseResidential
Legal DescriptionRAINBOW RANCH (UNFILED), LOT 70, ACRES 10.46 TAX CODES:RSP,SWI
Census Tract010812
Assessed Land Value$736,310
Assessed Improvement Value$85,990
Assessment Year2025

About this property

Extremely secluded 2 bedroom, 2 bath w/wide open great room & kitchen plus large loft w/high vaulted ceiling on 10.46 acres. Stunning cliffed creek runs seasonally (dry in droughts) 80ft from the house along entire south property line. Heavily wooded with turkey, foxes, coyotes, roadrunners, etc.. a nature lover's dream. 10 ft high upper Deck facing Creek great for star-gazing, dancing in the moonlight or bird watching. Quick access to wimberley, dripping springs and Austin. PLEASE NOTE ...this is a very rural property down a three and a half mile dirt road. No noise, no crime, no traffic. North side of Rainbow Ranch nearest to RR 12. Could have tax exemptions added. Nice close to town location, easy access to Austin outside of Wimberley ETJ. STR acceptable 30 day min and more room to grow.

Investor Tools

$0Estimated Mortgage Balance
$629,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$695,684
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

Interested in this property?

Rebecca Farrell

GIMME SHELTER!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$844/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,983
$603,569
2025
$736,310
$85,990
$822,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,983
$603,569

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$629,000
100%
0%
$0/mo

City: Wimberley