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:$949,900
- Price per sq. ft.:$146.14
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....
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Home facts
- Year built:2003
- Listing ID #:7381510
- Updated:June 09, 2026 at 02:52 PM
Rooms and interior
- Total bathrooms:14
- Flooring:Carpet, Laminate
- Kitchen Description:Dishwasher, Electric Oven, Electric Range, Exhaust Fan, Microwave, Plumbed For Ice Maker
- Living area:6,500 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition, Metal
- Year built:2003
- Building area:6,500 sq. ft.
- Lot area:4.1 Acres
- Lot Features:Bluff, Cleared, Front Yard, Garden, Interior Lot, Landscaped, Level, Many Trees, Native Plants
- Construction Materials:Frame, HardiPlank Type, Stone
- Exterior Features:Dog Run, Garden, Private Entrance, Private Yard, RV Hookup, Uncovered Courtyard
- Foundation Description:Pillar/Post/Pier, Slab
Schools
- High school:Wimberley
- Elementary school:Blue Hole
Utilities
- Water:Private, Well
- Sewer:Engineered Septic, Private Sewer, Septic Tank
Finances and disclosures
- Price:$949,900
- Price per sq. ft.:$146.14
- Tax amount:$4,629 (2025)
Features and amenities
- Appliances:Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Plumbed For Ice Maker, Varies by Unit
- Amenities:Chandelier, Pantry, Storage
Parking
- Total parking spaces:25
- Parking description:Additional Parking, Assigned, Carport, Circular Driveway, Detached Carport, Drive Through, Driveway, Gated, Open, Shared Driveway, Varies by Unit
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