Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
B+
NoAgentList RatingHow are grades calculated?Info
Days80Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$394,700

300 MILL RACE LN 4, Wimberley, TX, 78676

$426,515 ARVInfo
On MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,044 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$378.07 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Range
FlooringConcrete

Exterior

Private PoolPrivate Pool

Building Information

Year Built1999
Stories1
Roof Type112

Land Information

APNR132581
SubdivisionThe Lodge At Creekside Condominiums
Land UseResidential
Legal DescriptionTHE LODGE AT CREEKSIDE CONDOMINIUMS, UNIT 4, 12.5% COMMON AREA INTEREST, (C.E. 1/8) TAX CODES:GHA,RSP,SWI
Census Tract010812
Assessed Land Value$180,550
Assessed Improvement Value$150,450
Assessment Year2025

About this property

Location truly is everything. Welcome to “Bella Rosa Cottage,” a charming 1-bedroom, 1-bath detached condo ideally located within walking distance to downtown Wimberley with access to Cypress Creek. Tucked inside a gated community of just eight cottages on approximately 2.59 acres, this property offers a rare blend of privacy, convenience, and Hill Country lifestyle. Currently operating as a short-term rental, the property is zoned to allow STR use, offering both personal enjoyment and income potential. The cottage features an open-concept layout with vaulted ceilings, stained concrete floors, and abundant natural light. The living area is anchored by a native stone wood-burning fireplace and flows into the kitchen and dining space. The kitchen includes granite countertops, custom cabinetry, and stainless appliances, while cedar accents add warmth and character. The spacious primary suite offers an ensuite bath with neo-angled jetted tub, separate tiled shower, and granite vanity. A covered front porch provides a peaceful setting to relax and enjoy the surrounding landscape. The grounds feature a firepit and steps leading to Cypress Creek, shaded by towering cypress trees, creating a serene and inviting natural setting. Owners enjoy shared access to approximately 259 feet of creek frontage and common areas, with each unit holding a 12.5% interest. Condo fees include electricity, water, basic cable, septic, insurance for common areas, and grounds maintenance—supporting a lock-and-leave lifestyle. Just a short stroll to Wimberley Square, enjoy an array of locally owned restaurants, boutique shopping, art galleries, wine bars, and live music venues that define the area’s vibrant yet relaxed charm. Ideal as a weekend retreat, full-time residence, or STR investment in a prime location. All information deemed reliable but not guaranteed. Buyer to verify all details. Some photos may be digitally enhanced for clarity and presentation.

Investor Tools

$171,738Estimated Mortgage Balance
$166,262Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$426,514
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,368 /month
Positive
Cash Flow Estimate:
$789 /month

Interested in this property?

Allison Harwood

Compass RE Texas, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,767
$331,000
2025
$180,550
$150,450
$331,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,767
$331,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Unknown
$200,000
No
First
Mar 4, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,738
$166,262
49%
51%
$1,200/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

300 MILL RACE LN 4 | Property Details | No Agent List