120 Cedar Bend Rd Wimberley, TX 78676
Estimated payment $5,626/month
Highlights
- Guest House
- Fishing
- Gated Parking
- Jacob's Well Elementary School Rated A-
- RV or Boat Parking
- Panoramic View
About This Home
Charming Income-Producing Compound - Ideal for Investors or Owner-Occupants Discover this delightful income-generating 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 featuring private parking and inviting outdoor living spaces, ensuring tenant satisfaction year-round. The Main home is owner occupied however could be an additional 7 rental units. Extensive updates and newer units enhance the appeal of this compound. The current monthly income, including potential rent from the owner-occupied main residence and the other five structures, is approximately $8,315.
Additional property highlights include: • Gated entry for added security
• Beautiful old stone rock walls surrounding the perimeter
• Two water wells
• Storage Buildings/Sheds
• Dedicated Parking Areas
• Fenced garden areas
• High-speed fiber internet access to all sites Please note that the square footage of the buildings is approximated and combined for all units. Square footage to be confirmed by the buyer prior to closing. A new survey will be provided by the seller. The total number of leased or leasable sites is 7 units. Contact me or see the MLS docs for unit lease amounts and bed and bath counts and more. For more details, see the attached property site map and contact me for a list of detailed property features and updates for each unit.
Listing Agent
Compass RE Texas, LLC Brokerage Phone: (512) 413-7893 License #0602496 Listed on: 12/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,629
Year Built
- Built in 2003 | Remodeled
Lot Details
- 4.1 Acre Lot
- Dog Run
- Private Entrance
- Stone Wall
- Perimeter Fence
- Bluff on Lot
- Landscaped
- Native Plants
- Interior Lot
- Level Lot
- Cleared Lot
- Many Trees
- Private Yard
- Garden
- Front Yard
Property Views
- Panoramic
- Woods
- Canyon
- Hills
Home Design
- Pillar, Post or Pier Foundation
- Slab Foundation
- Frame Construction
- Composition Roof
- Metal Roof
- Stone Siding
- HardiePlank Type
Interior Spaces
- 6,500 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
- Chandelier
- Entrance Foyer
- Family Room with Fireplace
- Great Room
- Multiple Living Areas
- Living Room
- Dining Room
- Bonus Room
- Storage
- Fire and Smoke Detector
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- Walk-In Closet
- In-Law or Guest Suite
- Soaking Tub
Parking
- 25 Parking Spaces
- Detached Carport Space
- Varies By Unit
- Common or Shared Parking
- Circular Driveway
- Drive Through
- Shared Driveway
- Gated Parking
- Additional Parking
- Open Parking
- RV or Boat Parking
- Assigned Parking
Accessible Home Design
- No Interior Steps
Outdoor Features
- Uncovered Courtyard
- Deck
- Enclosed Patio or Porch
- Shed
- Outbuilding
Additional Homes
- Residence on Property
- Guest House
Schools
- Blue Hole Elementary School
- Danforth Middle School
- Wimberley High School
Mobile Home
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Above Ground Utilities
- Natural Gas Not Available
- Private Water Source
- Well
- Electric Water Heater
- Engineered Septic
- Septic Tank
- Private Sewer
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 1110050000018008
Community Details
Overview
- No Home Owners Association
- Burnett Ranch Sec 2 Subdivision
- Community Lake
Amenities
- Picnic Area
Recreation
- Fishing
Pet Policy
- Dogs and Cats Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,256 | $318,134 | -- | -- |
| 2024 | $1,256 | $289,213 | $216,260 | $110,360 |
| 2023 | $3,689 | $262,921 | $216,260 | $110,000 |
| 2022 | $3,800 | $239,019 | $183,270 | $95,730 |
| 2021 | $3,865 | $217,290 | $138,980 | $78,310 |
| 2020 | $2,496 | $208,891 | $126,150 | $112,370 |
| 2019 | $3,604 | $189,901 | $106,910 | $111,860 |
| 2018 | $2,169 | $117,804 | $79,780 | $51,770 |
| 2017 | $1,957 | $105,470 | $54,760 | $50,710 |
| 2016 | $1,938 | $104,450 | $54,760 | $49,690 |
| 2015 | $993 | $103,520 | $54,760 | $48,760 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $999,000 | -- | $154 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7381510
APN: R22469
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