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$1,900,000

400 County Road 1492, Wimberley, TX, 78676

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,996 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$634.18 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesElectric Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Private Yard
Lot Size8.06 acres

Building Information

Year Built1973
Stories1
Roof Type112
Garage Spaces3

Land Information

APNR37939
Lot Number2
SubdivisionS6390 - Pavilion Park
Land UseResidential
Legal DescriptionPAVILION PARK, LOT PT OF 2, ACRES 8.06 TAX CODES:GHA,RSP,SWI
Census Tract010810
Assessed Land Value$1,090,950
Assessed Improvement Value$354,550
Assessment Year2025

About this property

There's a moment on the drive in when the trees open up and you catch your first glimpse of this place, a three-story lookout home rising above the oak canopy, wrapped in decks on every level. Eight private acres, direct frontage on the Blanco River, and a house designed to watch the river from every room. Inside, the great room centers on a linear fireplace beneath tall ceilings, with walls of glass that slide open to a screened porch and grill deck. The kitchen has warm shaker cabinetry, soapstone-look counters, and a gray subway tile backsplash, opening right up to a breakfast nook looking out over the yard. Climb up to the third-floor lookout and you're above the treeline, watching sunsets over the Hill Country. Walk down the stone steps cut into the bluff and you're at your own stretch of the Blanco, deep enough to swim, calm enough to fish, and shaded by mature live oak, cypress, and cedar elm. It's screened from the neighbors on nearly every side, so it feels like it's just yours. A detached 2-bedroom guest house with its own kitchen, living space, and gym sits nearby, along with a fire-pit clearing for evenings outside. This place is wired, too. The whole property runs on a Ubiquiti network, including a Dream Machine Pro, indoor and outdoor access points, and a wireless bridge connecting the main house and guest house, so you've got strong Wi-Fi all the way down to the river. The same system runs security, with four high-res cameras that record locally, so footage keeps rolling even if the internet blinks. It's all less than a year old. Forty minutes from Austin and San Marcos, but a world away. Wimberley is built around spring-fed swimming holes and live music, with the Blanco River and Cypress Creek at its center. A rare find: private river frontage, a home built to showcase it, and the right tech to make it easy to live there. Home did NOT flood in 2015.

Investor Tools

$495,879Estimated Mortgage Balance
$818,202Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,400 /month
Positive
Cash Flow Estimate:
$3,800 /month

Interested in this property?

Mark Fox Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,867/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,863
$1,308,246
2025
$1,090,950
$354,550
$1,445,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,863
$1,308,246

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$548,250
No
First
Mar 26, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,879
$812,367
62%
38%
$3,288/mo

City: Wimberley