120 Cedar Bnd Rd, Wimberley, TX 78676

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.