Charming Income-Producing Compound - Ideal for Investors or Owner-OccupantsProperty highlights include:? 4.1 Private Acres with 6+Rental Units including the Owner-Occupied Main House? Main home includes 3 bedroom/3.5 baths +- 2500 sq.ft with attached sunroom? Additionally, the Main Home offers two decks, a covered pavilion that backs to a wet weather creek and features a panoramic hill country view.? +-1 Acre of undeveloped land for expansion, where additional units could be added? 2 separate gated entries? Beautiful old, hand-stacked stone rock walls surrounding the perimeter of +- 3 acres? Two water wells? Blanco River Access for property owners (a 28-acre member only gated river park)? Full RV Hookups and Private Parking Area? Storage Buildings/Sheds? Plenty of individual parking areas? Community fenced garden area? Plenty of room to add a community pool and/or private pool? High-speed fiber internet available to all sites? Located on a quiet, cul-de-sac streetDiscover this delightful income-generating family compound, perfect for both investors and owner-occupants. The property boasts a total of six rented single-family dwellings and one rented RV space; each home site features private parking, inviting outdoor living spaces, individual patio or decks and several units have fenced yards ensuring tenant satisfaction year-round.Many of the units have been recently constructed or have undergone extensive updates/remodels and have been meticulously maintained to enhance the appeal of this family compound and/or income-producing property. The current income, including potential rent from the owner-occupied main residence and the other five structures plus RV Site, is approximately $8,500 monthly. Significant increase in potential revenue if used as short-term rentals. Please note that the square footage of the buildings is approximated and combined for all units.
Listed By
Agency Name: Compass RE Texas, LLC
Agency Contact: (512) 413-7893
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimated Payment
$ 2,900.38 per month $2,223.34 Principal & Interest $385.67 Property Tax $291.38 Homeowner's Insurance
120 Cedar Bend Road Rd | MLS# 2768279
This home located at 120 Cedar Bend Road Rd, Wimberley, TX 78676 is currently listed for sale with an asking price of $999,000. This property was built in 2003 and has 10 bedrooms and 9 full and 5 partial baths with 6500 sq. ft. Cedar Bend Road Rd is located in the Burnett Ranch subdivision within the Wimberley ISD school district. Search Burnett Ranch real estate on www.rmcapitalcity.com today.