NOT LISTED FOR SALE

397 Hermosa Paloma Wimberley, TX 78676

Estimated Value: $1,368,000 - $1,512,234

6 Acres
$252,475 Price per Acre
248,466 Sq Ft Lot

Last Sold December 22, 2017

Current estimated payment $9,092/month

118 Days on Market

Highlights

  • River View
  • 5.7 Acre Lot
  • Secluded Lot
  • Jacob's Well Elementary School Rated A-
  • Mature Trees
  • Cul-De-Sac

About This Lot

As of December 2017

Peace, Nature and Privacy in the coveted River Mountain Ranch subdivision! This gorgeous lot is situated on a high ridge over looking the Blanco River with beautiful hill country views and multiple build sites. Partial clearing has already begun and pathways have been made. This property is located on a cul-de-sac, has mountain laurels and other natural vegetation through-out, the property even has a cave. The perfect lot to build your dream home. Fantastic school district! River Park access, Ag exemptions.

Last Agent to Sell the Property

Tim Dowling

Beyond The Move Realty License #0519782 Listed on: 07/26/2017

Last Buyer's Agent

NON-MEMBER AGENT TEAM

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,461

Lot Details

  • 5.7 Acre Lot
  • Cul-De-Sac
  • Secluded Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Mature Trees
  • Partially Wooded Lot
  • Possible uses of the property include Grazing, Residential

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • River
  • Mountain

Utilities

  • Septic Needed

Community Details

  • River Mountain Ranch Association
  • Hermosa Paloma Overlook Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number R120974

Property Details

Property Type

Land

Est. Annual Taxes

$14,461

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Architectural Style: None
  • Directions: From Wimberley, Northeast on FM 3237. Right on River Mountain Ranch. Right on Windmill Run. Left on Waterpark. Right on Bluff View. Right on Hermosa Paloma. Lot on the end on the left in the Cul-De-Sac.
  • Lot Size Acres: 5.704
  • Property Sub Type: Acreage
  • Property Sub Type Additional: Acreage
  • Prop. Type: Land
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: Hermosa Paloma Overlook
  • Water Body Name: Hill Country View,River
  • Special Features: None

Interior Features

  • Possible Use: Grazing, Residential
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Agricultural Exemption, Deed Restriction
  • Fencing: None
  • Lot Features: Cul-De-Sac, Mature Trees, Outside City Limits, Secluded, Sloped, Acreage
  • Other Structures: None
  • Topography: Rolling,Sloping
  • View: Hills, River
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Not Connected, Well Needed, Well

Condo/Co-op/Association

  • Association Fee: 158.0
  • Association Fee Frequency: Annually
  • Association Name: River Mountain Ranch
  • Association: Yes
  • Community Features: Barbecue, Park

Schools

  • Junior High Dist: Wimberley ISD

Lot Info

  • Parcel #: R120974
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Toadhouse Revocable Trust
Bought by
Cochran Michael David and Cochran Caroline Ilse
Current Estimated Value
$1,444,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$240,584
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,168,046

Purchase Details

Closed on
May 19, 2020
Sold by
Cochran Michael David and Cochran Caroline Ilse
Bought by
Cochran Michael David and Cochran Caroline Ilse

Purchase Details

Listed on
Jul 26, 2017
Closed on
Dec 22, 2017
Sold by
Davis Brian A and Davis Rhonda F
Bought by
Cochram Micheal David and Cochram Caroline
Seller's Agent
Tim Dowling
Beyond The Move Realty
Buyer's Agent
NON-MEMBER AGENT TEAM
Non Member Office
List Price
$286,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.10%

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 28, 2016
Sold by
Martin James and Martin Jeanne
Bought by
Davis Brian A and Davis Rhonda F
Seller's Agent
Pam Lamoureux
Daybreak Real Estate, Llc
Buyer's Agent
NON-MEMBER AGENT TEAM
Non Member Office
List Price
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.03%
Original Mortgage
$203,915
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
Norton Owen A
Bought by
Martin James Gerald and Martin Jeanne B
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cochran Michael David -- --
Cochran Michael David -- None Available
Cochram Micheal David -- None Available
Davis Brian A -- Independence Title Co
Martin James Gerald -- Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Michael David $250,000
Previous Owner Toadhouse Revocable Trust $400,000
Previous Owner Cochran Michael David $400,000
Previous Owner Davis Brian A $203,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold -- -- --
12/22/2017 12/22/17 Sold -- -- --
12/10/2017 12/10/17 Pending -- -- --
11/22/2017 11/22/17 Pending -- -- --
10/31/2017 10/31/17 Price Changed $259,000 -5.5% --
08/30/2017 08/30/17 Price Changed $274,000 -4.2% --
07/26/2017 07/26/17 For Sale $286,000 0.0% --
07/26/2017 07/26/17 Price Changed $286,000 -4.0% --
06/03/2017 06/03/17 Price Changed $298,000 -3.9% --
04/24/2017 04/24/17 For Sale $310,000 +19.7% --
07/29/2016 07/29/16 Sold -- -- --
06/29/2016 06/29/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $259,000 -- --
Source: Central Texas MLS (CTXMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $14,461 $1,212,702 $445,440 $1,170,510
2023 $15,469 $1,102,510 $445,440 $1,023,730
2022 $1,001 $62,960 $355,510 $0
2021 $1,123 $63,120 $356,500 $0
2020 $82 $710 $356,500 $0
2019 $12 $640 $333,680 $0
2018 $11 $580 $266,950 $0
2017 $10 $530 $266,950 $0
2016 $9 $460 $266,950 $0
2015 $8 $410 $266,950 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 319221

Central Texas MLS (CTXMLS)

APN: R120974