About this home

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 details

Property type

Residential

Status

Active

Year built

2003

Full baths

9

Half baths

5

Lot size

4.1

Subdivision

Burnett Ranch Sec 2

MLS area

HW

MLS #

237358404

Features

Additional details

Parking

See Remarks, Additional Parking, Assigned, Carport, Circular Driveway, Common, Detached Carport, Drive Through, Driveway, Gated, Open, Shared Driveway, Varies by Unit

Roof

See Remarks, Composition, Metal

Foundation

See Remarks, Pillar/Post/Pier, Slab

Annual tax

$4,628

Schools

Assigned schools per the MLS.

School district

Wimberley ISD

Elementary

Blue Hole

Middle

Danforth

High

Wimberley

Getting around

Downtown Austin

32.4 mi

Austin-Bergstrom Airport

34.7 mi

Straight-line distance, not drive time.

Market insights

Compared with 310 active homes in ZIP 78676 · HomeLocating listings

At $899,000, this home is priced 51% above the $595,000 median across 310 active homes in ZIP 78676, including other homes in Burnett Ranch.

See this home in person