120 Cedar Bend RD Wimberley, TX 78676 Price Dropped by $24K
UPDATED: 04/10/2026 08:21 PM ON MARKET: 146 days on market
$974,500
6,500 SqFt
Key Details
Property Type Single Family Home
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $149
Subdivision Burnett Ranch Sec 2
MLS Listing ID 7381510
HOA Y/N No
Year Built 2003
Annual Tax Amount $4,628
Tax Year 2025
Lot Size 4.100 Acres
Acres 4.1
Property Sub-Type See Remarks
Source actris
Property Description
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.
Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 04/30/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
Data last updated: 04/30/2026 09:45