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.
Active
$999,000
120 Cedar Bend Rd, Wimberley, TX 78676
10beds
6,500sqft
Est.:
Single Family Residence
Built in 2003
4.1 Acres Lot
$-- Zestimate®
$154/sqft
$-- HOA
What's special
Community fenced garden areaIndividual patio or decksPanoramic hill country viewAttached sunroomInviting outdoor living spacesTwo decks
- 44 days |
- 571 |
- 29 |
Zillow last checked: 8 hours ago
Listing updated: January 16, 2026 at 03:00pm
Listed by:
Stacy Bass (512) 413-7893,
Compass RE Texas, LLC (512) 575-3644
Source: Unlock MLS,MLS#: 2768279
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 14
- Full bathrooms: 9
- 1/2 bathrooms: 5
- Main level bedrooms: 10
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air, Varies by Unit
Appliances
- Included: Dishwasher, Electric Range, Exhaust Fan, Microwave, Electric Oven, Plumbed For Ice Maker, Electric Water Heater
Features
- See Remarks, Vaulted Ceiling(s), Chandelier, Laminate Counters, Electric Dryer Hookup, Entrance Foyer, High Speed Internet, In-Law Floorplan, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Natural Woodwork, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Soaking Tub, Storage, Walk-In Closet(s)
- Flooring: See Remarks, Carpet, Laminate
- Number of fireplaces: 1
- Fireplace features: See Remarks, Family Room
Interior area
- Total interior livable area: 6,500 sqft
Video & virtual tour
Property
Parking
- Parking features: See Remarks, Additional Parking, Assigned, Carport, Circular Driveway, Common, Detached Carport, Drive Through, Driveway, Gated, Open, Shared Driveway, Varies by Unit
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: See Remarks, Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch
- Exterior features: Uncovered Courtyard, Dog Run, Garden, Private Entrance, Private Yard, RV Hookup
- Pool features: None
- Fencing: See Remarks, Fenced, Perimeter, Stone
- Has view: Yes
- View description: Canyon, Hill Country, Panoramic, Trees/Woods
- Waterfront features: None
Lot
- Size: 4.1 Acres
- Features: Back to Park/Greenbelt, Bluff, Cleared, Front Yard, Garden, Interior Lot, Landscaped, Level, Native Plants, Private, Many Trees, Views
Details
- Additional structures: Bathroom, Guest House, Mobile Home, Outbuilding, Residence, RV/Boat Storage, Shed(s), Storage
- Parcel number: 111005000001800
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: See Remarks, Pillar/Post/Pier, Slab
- Roof: See Remarks, Composition, Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Engineered Septic, Private Sewer, Shared Septic, Septic Tank
- Water: Private, Well
- Utilities for property: See Remarks, Above Ground, Electricity Connected, Internet-Fiber, Natural Gas Not Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: See Remarks, Fishing, Google Fiber, Lake, Picnic Area
- Subdivision: Burnett Ranch Sec 2
HOA
- Has HOA: No
Location
- Region: Wimberley
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $326,910
- Annual tax amount: $4,628
- Date on market: 12/12/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Listed for sale | $999,000$154/sqft |
Source:  Unlock MLS #7381510 Report a problem | ||
| 9/23/2025 | Listing removed | $1,650 |
Source: Zillow Rentals Report a problem | ||
| 7/16/2025 | Price change | $1,650-10.8% |
Source: Zillow Rentals Report a problem | ||
| 7/3/2025 | Listed for rent | $1,850+5.7% |
Source: Zillow Rentals Report a problem | ||
| 4/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $318,134 +10% |
| 2024 | $1,256 +4.9% | $289,213 +10% |
| 2023 | $1,197 -52% | $262,921 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,523/mo
Principal & interest
$4799
Property taxes
$1374
Home insurance
$350
Climate risks
Neighborhood: 78676
Nearby schools
GreatSchools rating
- 8/10Jacob's Well Elementary SchoolGrades: 3-5Distance: 4.8 mi
- 9/10Danforth J High SchoolGrades: 6-8Distance: 7 mi
- 7/10Wimberley High SchoolGrades: 9-12Distance: 6.8 mi
Schools provided by the listing agent
- Elementary: Blue Hole
- Middle: Danforth
- High: Wimberley
- District: Wimberley ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
