House 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.

Highlights

Listed by Stacy Bass , (512) 413-7893 Compass RE Texas, LLC , (512) 575-3644. Austin MLS mls logo

Property Type

Residential

Lot/Acreage

4.1

Year Built

2003

County

Hays

Area

Neighborhood

Burnett Ranch Sec 2

School District

Wimberley ISD

Listing ID

2768279

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Interior Features

Bedrooms and Bathrooms

▪ Bedrooms:10
▪ Bathrooms:14
▪ Full Bathrooms:9
▪ 1/2 Bathrooms:5

Appliances:Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker

Floor:Carpet,Laminate,See Remarks

Other:Chandelier,Separate/Formal Dining Room,Entrance Foyer,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,Storage,Soaking Tub,Vaulted Ceiling(s),Natural Woodwork,Walk-In Closet(s)

Other:Private,Well

Exterior Features

Lot:Bluff,Cleared,Front Yard,Garden,Backs to Greenbelt/Park,Interior Lot,Landscaped,Level,Native Plants,Private,Many Trees,Views

Roof:Composition,Metal,See Remarks

Others:Dog Run,Garden,Private Entrance,Private Yard,RV Hookup,Uncovered Courtyard,Updated/Remodeled

Sewer:Engineered Septic,Private Sewer,Shared Septic,Septic Tank

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

Payment Calculator

Payment Breakdown

Principal Interest

$4,524

Taxes

$386

Home Price

$899,000

Home Price

Loan Details

30 yrs

6.454%

Interest Rate

Loan Type

Down Payment

20%

$179,800

Down Payment

Down Payment %

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Monthly Price:

$4,524.10

Principal

Taxes