120 Cedar Bend RD, Wimberley, TX 78676
Burnett Ranch Sec 2 · Hays County
Key Facts
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.
Property Information
Property Type
Residential Income
Year Built
2003
Living Area
6,500 sq ft
Lot Size
4.10 acres
Parking Spaces
25
Days on Market
210
MLS® Listing#
7381510
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Security
Other Structures
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Blue Hole
- Middle:
- Danforth
- High:
- Wimberley
Financial Details
HOA
None
Annual Taxes
$4,629
Tax year 2025
Assessed Value
$318,134
Parcel Number
1110050000018008
Directions
From downtown Wimberley head North on RR 12 Take a Left on Market Rd 2325, The Blanco Highway, approximately 7.3 miles then Left on Burnett Ranch Rd, Right on Sandy Point , Left on Circle Dr, then a final Right on Cedar Bend.
Affordability Calculator
$179,800
Estimated monthly payment
$4,785/mo
Principal $719,200 · Est. interest $1,003,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Wimberley, TX
- $671,795
- Median Listing Price
- 92
- Median Days on Market
- 2,065
- Median Sq Ft
- $308
- Median Price / Sq Ft
- 303
- Active Listings
- This home’s price is 34% above the area median.
- Its price per sq ft is 55% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Wimberley, TX.
Location
Points of Interest in Wimberley, TX
Showing the Wimberley area map.
Nearby Schools
Zweites Haus School of Wimberley
School · 3.9 mi away
Jacob's Well Elementary
Elementary · 4.9 mi away
Wimberley Isd
Elementary · 7.0 mi away
Wimberley Junior High School
Secondary · 7.0 mi away
Canyon Lake High School
Secondary · 7.0 mi away
Scudder Primary School
Elementary · 7.2 mi away
Wimberley Montessori School
Elementary · 7.4 mi away
Katherine Anne Porter School
Secondary · 7.4 mi away
Blue Hole Primary
Elementary · 7.4 mi away
Wimberley Independent School District
School · 7.7 mi away
Wimberley Senior Citizens Activities Inc.
School · 8.0 mi away
Rebecca Creek Elementary School
Elementary · 8.9 mi away
St Stephen's Episcopal School
School · 11.2 mi away
Skybridge Academy
School · 12.2 mi away
Appamada School
Secondary · 12.2 mi away
Pharus School
School · 12.3 mi away
Walnut Springs Elementary School
Elementary · 12.5 mi away
Dripping Springs High School
Secondary · 12.7 mi away
Blanco Elementary
Elementary · 12.7 mi away
Blanco Isd
School · 12.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1850 N Rainbow Ranch RD N, Wimberley, TX | $635,000 | — | — | — |
| 1850 N Rainbow Ranch RD N, Wimberley, TX | $635,000 | 3 | 2 | 1,748 |
| 1850 N Rainbow Ranch RD N, Wimberley, TX | $635,000 | 3 | 2 | 1,748 |
| 2501 Fischer Store Rd. RD, Wimberley, TX | $649,000 | 4 | 2 | 2,800 |
| 10 Honeysuckle LN, Wimberley, TX | $649,000 | 5 | 5 | 2,843 |
| 45 La Buena Vista DR, Wimberley, TX | $649,000 | — | — | 6,003 |
Moving Cost Estimate
EXIT Agents in Wimberley
Listing Courtesy: Compass RE Texas, LLC - (512) 413-7893
Last Updated: 2025-12-05