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$6,920

NAL Estimated Property Value

601 Mount Olive School RD, Wimberley, TX, 78676

Off MarketInfo

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesNone

Exterior

Lot Size42.29 acres

Land Information

APNR115682
SubdivisionE Russell Survey
Land UseAgriculture / Farming
Legal DescriptionA0405, A0678, A0675, A0405 E RUSSELL, JM SECREST, E HENDRICKS, E RUSSELL, & PATENTED PUBLIC FREE SCHOOL SURVEYS, ACRES 42.29T
Census Tract010807
Assessed Land Value$1,876,570
Assessment Year2025

About this property

Exceptional 42+ acre unrestricted ranch offers Hill Country views, diverse terrain and endless potential. This pristine view property, with Wildlife Valuation in place, is only a 12 minute drive from Wimberley. With selective clearing the views will be opened up for the multiple building sites through out the property. Perfect location for family compound, recreational ranch…whatever you desire. The location is highly sought after as it is well established and an easy drive to both Dripping Springs and Wimberley, providing excellent restaurants, wineries, breweries and shopping opportunities. This tract is home to large Oaks and Juniper providing shelter to native wildlife. Wildlife Valuation with Hays CAD & property taxes under $100. There is a wildlife water/feed station situated in the meadow and a partially concrete lined tank in the southeast corner for wildlife water. Several wet weather creeks meander through the property. Hand cut walking trails through the property help to preserve the peaceful surroundings and wildlife habitat. Property is fenced on the north and west side with Mt. Olive School Road as the eastern boundary. The property configuration includes a long “finger” extending up Mt. Olive School Road providing more views to the south and east from potential homesites. Entry to the property is at 1220’ and extends up to 1290+/- feet on the north, west and south side of the property. Excellent view potential from so many places on this unique property. PEC power line runs along Mt. Olive School Road on this property. This property is a blank slate ready for your creative ideas to be implemented. The outdoor enthusiast will enjoy hiking, wildlife watching and hunting opportunities on the trails winding through the property along with an abundance of native Hill Country wildlife. Large, unrestricted tracts of this size and beauty are increasingly rare, making this an exceptional opportunity to own a piece of true Texas Hill Country paradise.

Investor Tools

Property Icon
$6,920
Estimated Property Value
$774,344Estimated Mortgage Balance
$6,920Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,954 /month
Positive
Cash Flow Estimate:
$2,318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$11/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$92
$6,920
2025
$1,876,570
N/A
$1,876,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$92
$6,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank & Trust
Investor Non-Conforming Loan
$780,000
No
First
Oct 24, 2025
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$774,344
N/A
0%
11190%
$4,677/mo

City: Wimberley

601 Mount Olive School RD | Property Details | No Agent List