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$1,325,000

246 Blanco Dr, Wimberley, TX, 78676

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,410 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$549.79 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Energy Star Qualified Appliances, Gas Range, Gas Water Heater, Range, Refrigerator, Range Hood, Water Softener Owned, Self Cleaning Oven, Water Softener, Tankless Water Heater
FlooringCarpet, Concrete

Exterior

Exterior FeaturesLighting, Rain Gutters
Lot Size21,867 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR112173
Lot Number24R
SubdivisionParadise Valley Sec 1
Land UseResidential
Legal DescriptionPARADISE VALLEY SEC 1, LOT 24R, ACRES 0.502 TAX CODES:GHA,RSP,SWI
Census Tract010812
Assessed Land Value$541,620
Assessed Improvement Value$464,160
Assessment Year2025

About this property

This extraordinary Wimberley riverfront property offers the peaceful Blanco River lifestyle you’ve been waiting for. Wonderfully situated in the Paradise Valley neighborhood, this 3-bedrm, 3-bath home is only a few steps down a gentle slope to the shade of huge cypress trees alongside the pristine waters of the Blanco River, and one of the best private swimming holes in Texas. With its roomy ensuite, the main floor primary bedrm features river views and makes everyday living with family and friends easy and comfortable. The open-concept living and dining areas also take full advantage of the setting, with inspiring park and river views through the wall of windows that span the back of the home. The bonus room just off the main entrance was designed as an office, but it could also be used as a 4th bedroom. The kitchen includes modern amenities and river-park views from the back and side windows. Upstairs, two bedrooms and a full bath provide flexible space for guests, including a bunkroom well suited for holiday visits. The covered back porch is the soul of this property. At 10 feet deep and spanning the width of the home, it offers room for multiple seating areas, including a brunch spot where you can watch the sun rise over the valley as birds and wildlife come to life along the river below. The front yard boasts a beautiful courtyard with a quiet sitting area that is perfectly suited for watching spectacular sunsets and Wimberley’s Dark Sky stargazing. In the evening, gather with family and friends around the stone firepit at the back edge of the property. As one of the largest river-adjacent lots in the neighborhood at .502 acres, the property offers generous outdoor space, while ownership in Paradise Valley provides exclusive access to more than 16 ac of parkland and hundreds of feet of riverbank. All of this is just 4 min from the Wimberley Square, one of the most charming old-town centers in the state, and yet only about a 45-min drive to downtown Austin.

Investor Tools

$0Estimated Mortgage Balance
$921,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,950 /month
Positive
Cash Flow Estimate:
$2,650 /month

Interested in this property?

Gary Bisha

My Castle Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$799/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,985
$657,498
2025
$541,620
$464,160
$1,005,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,985
$657,498

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$921,000
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.

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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246 Blanco Dr | Property Details | No Agent List