Active · MLS# 9465251

400 Eagles Nest Dr

Wimberley, TX, 78676

$499,999

0 Beds · 0 Baths · 2,750 SF · $182/SF

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.

Property Details

Property type

Triplex

Living area

2,750 sq ft

Year built

2006

Lot size

2 acres

Subdivision

Eagles Nest

County

Hays

Annual taxes

$9,668

Schools

Elementary

Jacobs Well

Middle

Danforth

High

Wimberley

Features

Interior

See Remarks

Exterior

Balcony

Flooring

Carpet · Vinyl

Heating

Central · Electric

Cooling

Central Air

Views

Hill Country

Property location

Explore the neighborhood

400 Eagles Nest Dr, Wimberley, TX, 78676

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Map location is approximate. Confirm boundaries, schools and travel times independently.

Listing courtesy of Michael Ashby, JBG Commercial. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.