$9,369
closing credit¹
400 Eagles Nest Dr Wimberley, TX 78676
Property details
About 400 Eagles Nest Dr
Prime rental property for sale in Wimberley, TX. This Investment property on 2 acres of unrestricted land has a tri-plex building with Units 5, 6, 7, built in 2006 and additional land where a single row of building units 1, 2, 3 & 4 previously stood but were unfortunately lost in a fire in 2022. All tri-plex units are currently leased with 2 expiring in late spring of 2025. Healthy market rents are being achieved (1350.00 per month). New deck on all units on this well maintained property. The price is reflective of rent/price ratio and recent sales comps of near by small multi-unit properties in the past year. This valuation method takes into consideration the tri-plex income and the remaining unrestricted land value. The valuation does not take into consideration any pro-forma values for the previous properties nor does it apply a premium on the land where the properties previously were. The replacement of the previous 4 rental units and addition of more on the remaining land could easily double the value (or more) of this property allowing the investor to realize instant equity and cash flow for years to come in a thriving area for essentially replacement costs of the buildings. This is an experienced investors ideal property with the potential to be a long term hold. This is an excellent opportunity that doesn't come around often. Please contact agent for showing requests. Please do not disturb the tenants. All site visits should be facilitated through the listing agent.
Highlights
Summary
- MLS Number: 7145847
- MLS Name: ACTRIS
- Office Name: JBG Commercial
- Office Phone: (512) 502-7580
- Listing Agent: Michael Ashby
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
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Last updated on: 2/7/2025, 9:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$789,000
400 Eagles Nest Dr
$9,369
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $910,423 | $6,066 |
2023 | $973,088 | $11,420 |
2022 | $718,375 | $11,420 |
2021 | $563,262 | $8,992 |
2020 | $505,550 | $8,992 |
2019 | $492,270 | $8,806 |
2018 | $464,040 | $8,806 |
2017 | $460,860 | $7,311 |
History based on county public records data.
Nearby schools
4
Jacob's Well Elementary School
Public District 3-5
3.0 mi
•3470 FM 2325
7
Walnut Springs Elementary School
Public District PK-5
10.8 mi
•300 Sportsplex Dr
8
Sycamore Springs Elementary School
Public District PK-5
11.4 mi
•14451 Sawyer Ranch Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $83,526. The majority of Wimberley, TX residents have income between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
This home is located at 400 Eagles Nest Dr in Wimberley, TX and zip code 78676. This 4,651 square foot home, which was built in 1979, sits on a 2.00 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $789,000.
Wimberley, TX housing market in January 2025 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 15 sold below. In January 2025 in Wimberley, TX there were 6.7% more homes for sale than in December. In January 2025, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $528,666.