Under contract

$499,999

400 Eagles Nest Dr
Wimberley, TX 78676

  • 0 beds
  • 0 baths
  • 2,750 sq ft
  • 2 acres

Listing courtesy of JBG Commercial · (512) 502-7580 · MLS# 9465251 · Status: Active Under Contract

About this home

Priced to sell: a 2006-built Hill Country triplex on 2 acres outside the Wimberley city limits and ETJ, with no known deed restrictions and the former four-plex pad in place for future expansion. Three 1 bed/1 bath units of about 900-950 sf each. Every unit has a private entrance, full kitchen, stackable washer/dryer and a private deck with views across the Wimberley valley. The metal roof was replaced through an insurance claim, all decks are new (2023), and electric is separately metered. Units rented at $1,350/month through 2024 with water, wastewater and trash included, and all three are now vacant and ready to lease or furnish. At the list price that is about $167K per door and roughly a 10.3 GRM on in-place rent, well below the cost to build, and the land where the prior four-plex stood comes along with it. The site previously supported seven units on the existing well; any added units are subject to the buyer's verification of groundwater district well permitting and county septic permitting. FEMA Zone X, no HOA, no city property tax, Wimberley ISD. Works as a long-term rental, a furnished short-term rental compound, or an owner-occupied home with income. A detailed broker brief and site analysis are available. Buyer and buyer's agent to verify all information.

Description provided by the listing brokerage.

Facts

Property type
Residential Income · Triplex
Year built
2006
Lot size
2 acres
Living area
2,750 sq ft
Price per sq ft
$182
Annual taxes
$9,668
County
Hays
Neighborhood
Eagles Nest
School district
Wimberley ISD
Schools
Jacobs Well · Danforth · Wimberley

Features

Roof
Metal
View
Hill Country
Sewer
Septic Tank
Levels
Two
Cooling
Central Air
Fencing
Wire
Heating
Central, Electric
Flooring
Carpet, Vinyl
Utilities
Electricity Available
Appliances
Dishwasher, Electric Range, Refrigerator, Washer
Lot
Irregular Lot, Views
Pets
Negotiable
Water
Well
Windows
Blinds
Parking
Deck
Exterior
Balcony
Interior
See Remarks
Community
None
Foundation
Slab
Waterfront
None
Energy efficiency
None
Accessibility
None
Construction
Wood Siding
Patio & porch
Deck, Porch

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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