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
Price cut: $24.6K (5/29)
$949,900
120 Cedar Bend Rd, Wimberley, TX 78676
10beds
6,500sqft
Single Family Residence
Built in 2003
4.1 Acres Lot
$-- Zestimate®
$146/sqft
$-- HOA
What's special
Community fenced garden areaIndividual patio or decksPanoramic hill country viewAttached sunroomInviting outdoor living spacesTwo decks
- 185 days |
- 288 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Stacy Bass (512) 413-7893,
Compass RE Texas, LLC (512) 575-3644
Source: Unlock MLS,MLS#: 2768279
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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: $146/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
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $949,900-2.5%$146/sqft |
Source:  Unlock MLS #2768279 Report a problem | ||
| 4/10/2026 | Price change | $974,500-2.5%$150/sqft |
Source: Unlock MLS #2768279 Report a problem | ||
| 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 | ||
| 3/22/2024 | Listed for rent | $1,750 |
Source: Zillow Rentals Report a problem | ||
| 3/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/6/2024 | Price change | $1,750-6.7% |
Source: Zillow Rentals Report a problem | ||
| 2/19/2024 | Price change | $1,875-13.8% |
Source: Zillow Rentals Report a problem | ||
| 2/16/2024 | Listed for rent | $2,175 |
Source: Zillow Rentals Report a problem | ||
| 1/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/13/2022 | Listed for rent | $2,175+93.3% |
Source: Zillow Rentals Report a problem | ||
| 1/28/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/24/2022 | Listed for rent | $1,125+15.4% |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/7/2017 | Listing removed | $975 |
Source: Owner Report a problem | ||
| 7/5/2017 | Listed for rent | $975 |
Source: Owner Report a problem | ||
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% |
| 2022 | $2,492 +0% | $239,019 +10% |
| 2021 | $2,491 | $217,290 +4% |
| 2020 | -- | $208,891 +10% |
| 2019 | $2,475 +95.6% | $189,901 +61.2% |
| 2018 | $1,265 +14.8% | $117,804 +11.7% |
| 2017 | $1,103 +20% | $105,470 +1% |
| 2016 | $919 -7.4% | $104,450 +0.9% |
| 2015 | $993 | $103,520 +2.9% |
| 2014 | $993 | $100,610 +2% |
| 2013 | -- | $98,600 +0.3% |
| 2011 | -- | $98,350 +22.6% |
| 2009 | -- | $80,217 -1.6% |
| 2007 | -- | $81,486 +9.4% |
| 2006 | -- | $74,510 +1% |
| 2005 | -- | $73,770 -22.5% |
| 2004 | -- | $95,170 +11.9% |
| 2003 | -- | $85,030 +3.7% |
| 2002 | -- | $81,970 +10.9% |
| 2001 | -- | $73,930 +3.2% |
| 2000 | -- | $71,640 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 78676
Nearby schools
GreatSchools rating
- 8/10Jacob's Well Elementary SchoolGrades: 3-5Distance: 4.9 mi
- 8/10Danforth Junior High SchoolGrades: 6-8Distance: 7 mi
- 6/10Wimberley 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.
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- Texas
- Hays County
- Wimberley
- 78676
- 120 Cedar Bend Rd
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