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$999,000
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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.
Full Property Details
Full Property Details for 120 Cedar Bend Rd
General
- Price: $999,000
- Taxes: $4,628 (2025)
- Status: Active
- Type: Multi-Family
- Source: Austin_MLS
- MLS ID: 7381510
- Updated: 1/16/2026
- Added to Site: 84 day(s) ago
Interior
- Interior Features: Chandelier, Separate/Formal Dining Room, High Speed Internet, In-Law Floorplan, Kitchen Island, Laminate Counters, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, No Interior Steps, Open Floorplan, Pantry, See Remarks, Soaking Tub, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s), Entrance Foyer, Storage
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, See Remarks
- Appliances: Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker
- Flooring: Carpet, Laminate, See Remarks
Rooms
Other Rooms
- Laundry: Inside, Laundry Room, Multiple Locations, Outside, Electric Dryer Hookup
Additional Information
- Shared Amenities: Fishing, Lake, Park, See Remarks
- Security/Safety: Smoke Detector(s)
- Equipment: Varies by Unit
Exterior
- Exterior Features: Dog Run, Garden, Private Entrance, Private Yard, RV Hookup, Uncovered Courtyard
- Porch/Patio/Deck: Rear Porch, Covered, Deck, Enclosed, Front Porch, Patio
Parking
- Carports: Yes
- Total Spaces: 25
- Parking Features: Additional Parking, Assigned, Circular Driveway, Common, Carport, Drive Through, Detached Carport, Driveway, Gated, Open, Shared Driveway, See Remarks, Varies by Unit
Location
- Area: HW
- County: Hays
- Subdivision: Burnett Ranch Sec 2
- Driving 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.
School Information
- Elem School District: Wimberley ISD
- Midd School District: Wimberley ISD
- High School District: Wimberley ISD
- Elementary School: Blue Hole
- Middle School: Danforth
- High School: Wimberley
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Varies by Unit
- Heating Type: Central
Utilities
- Sewer: Engineered Septic, Private Sewer, Shared Septic, Septic Tank
- Water: Private, Well
- Well: Yes
- Utility Description: Above Ground Utilities, Electricity Connected, Fiber Optic Available, Natural Gas Not Available, Sewer Connected, See Remarks, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame, HardiPlank Type, Stone
- Roof: Composition, Metal, See Remarks
- Stories/Levels: 1
- Square Feet: 6,500
- Living Area: 6,500 Sq. Ft.
- Year Built: 2003
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Bathroom, Guest House, Mobile Home, Outbuilding, Residence, RV/Boat Storage, Shed(s), Storage
Lot Features
- Property View: Canyon, Hills, Panoramic, Trees/Woods
- Lot Size (Acres): 4.1
- Lot Size (Sq. Ft.): 178,596
- Fence: Yes
- Lot Features: Bluff, Cleared, Front Yard, Garden, Backs to Greenbelt/Park, Interior Lot, Landscaped, Level, Native Plants, Private, Many Trees, Views
- Fencing (Description): Fenced, Perimeter, See Remarks, Stone
Financial Considerations
- Assessment Amount: $318,134
- Tax Amount: $4,628.85
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: See Remarks
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Building Plans, Deed Restriction, Lease, Site Plan, See Remarks, Survey
- Legal Description: BURNETT RANCH SEC 2, LOT 18, SERIAL # ZWK801411706, LABEL # ULI0202315, ACRES 4.1
- Disclosures/Reports: Municipal Utility District Disclosure, Seller Disclosure
- Property ID: 1110050000018008
- Lot Number: 18
Listed by Compass RE Texas, LLC
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Schools
Schools serving 120 Cedar Bend Rd
School District:Wimberley Independent School District
| Name | Grades | Distance |
|---|---|---|
Jacob's Well Elementary School 3470 Farm to Market Road 2325, Wimberley, TX 78676 | 3-5 | 4.9 mi |
Blue Hole Primary School 15900 Winters Mill Parkway, Wimberley, TX 78676 | PK-2 | 7.4 mi |
Danforth J High School 200 Texan Boulevard, Wimberley, TX 78676 | 6-8 | 7 mi |
Wimberley High School 100 Carney Lane, Wimberley, TX 78676 | 9-12 | 6.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Cedar Bend Rd
Date
Details
Price
Change
Source
12/05/2025
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 Cedar Bend Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,256
-36%
$318,134
10%
2023
$1,959
100%
$289,213
10%
2022
-100%
$262,921
10%
2022
$2,492
—
$239,019
10%
2021
$2,491
—
$217,290
4%
2020
$2,496
12%
$208,891
77%
2018
$2,236
15%
$117,804
12%
2017
$1,941
—
$105,470
1%
2016
$1,938
—
$104,450
1%
2015
$1,930
-45%
$103,520
-45%
2019
$3,500
86%
$189,901
89%
2014
$1,878
2%
$100,610
2%
2013
$1,842
—
$98,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 Cedar Bend Rd
120 Cedar Bend Road, Wimberley, TX 78676 (MLS# 7381510) is a Multi-Family property with 0 units containing 0 bedrooms and 0 full bathrooms. 120 Cedar Bend Road is currently listed for $999,000 and was received on December 05, 2025. Want to learn more about 120 Cedar Bend Road? Do you have questions about finding other Multi-Family real estate for sale in Wimberley? You can browse all Wimberley real estate or contact a Coldwell Banker agent to request more information.

