120 Cedar Bend Rd, Wimberley, TX 78676
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: stacy bass
Office: compass re texas, llc.
MLS#:7381510
Source:ACTRIS
Price summary
- Price:$999,000
- Price per sq. ft.:$153.69
About this home
Charming Income-Producing Compound - Ideal for Investors or Owner-Occupants
Property 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 street
Discover 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.
Contact an agent
Home facts
- Year built:2003
- Listing ID #:7381510
- Updated:February 15, 2026 at 04:06 PM
Rooms and interior
- Living area:6,500 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Composition, Metal
- Year built:2003
- Building area:6,500 sq. ft.
Schools
- High school:Wimberley
- Elementary school:Blue Hole
Utilities
- Water:Private, Well
- Sewer:Engineered Septic, Private Sewer, Septic Tank
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$153.69
- Tax amount:$4,629 (2025)
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