— bed, — bath, 2,250 sqft on 1.15 acres in Wimberley. Wimberley, TX 78676. $2,190,000. Wimberley ISD.
About This Home
Turnkey waterfront investment with four fully remodeled cottages on Cypress Creek—each with a private hot tub, deck, and full kitchen. All units are operated as highly successful short-term vacation rentals, delivering an average ~7% cap rate and $131,610 average NOI (CPA-verified, 5-year average). Sale includes all land, improvements, FF&E, business infrastructure, and major recent upgrades. No city or ETJ restrictions, hotel taxes, or big box competition—Wimberley is a prime destination for year-round leisure guests. Flexible management: self-operate, outsource, or lease. High repeat guest rate, robust direct booking model (90% direct bookings, 10% OTAs), and marketing assets available.
A CPA-verified five-year average NOI of $131,610 gives 107-109 Scudder Ln real weight as an income property, especially at a list price of $2.19 million and about $973 per square foot. At 107-109 Scudder Ln in Wimberley, this 2,250-square-foot residential income quadruplex sits on 1.145 acres along Cypress Creek in Wimberley, offering a setup that is hard to duplicate in Hays County.
Built in 1989, the property is configured as four remodeled cottages rather than a standard multifamily building, which matters for both guest appeal and operational flexibility. Each unit is set up with its own kitchen, deck, and private hot tub, and the current operation has been built around short-term vacation rentals with a strong repeat-guest base. The reported cap rate averages about 7 percent, and the booking mix is notable: roughly 90 percent direct bookings and 10 percent OTA traffic. That kind of split suggests an established business with brand recognition, not a property still trying to find its audience.
Location does a lot of the work here. Scudder Lane puts you close to the water and within easy reach of downtown Wimberley, Blue Hole Regional Park, Jacob's Well Natural Area, and the retail and dining core around Wimberley Square. Access to Ranch Road 12 keeps the property connected to the rest of the Hill Country while still feeling removed from highway noise and heavier commercial traffic. For buyers who understand the Wimberley vacation market, that balance matters. Guests want quick access to swimming holes, shops, live music, and wedding venues, but they also want privacy once they get back to the property.
For owner-operators and investors, the lack of city or ETJ restrictions adds another layer of value. So does the fact that the sale reportedly includes land, improvements, furnishings, fixtures, equipment, and operating infrastructure. That reduces the usual ramp-up time and cost. Days on market at 166 may simply reflect the limited buyer pool for a specialized asset, not a flaw in the real estate itself.
From a school standpoint, the property falls in Wimberley ISD, with Jacobs Well, Danforth, and Wimberley serving the area. Even for a vacation rental buyer, those district signals help support long-term resale and alternate use scenarios. In a market where unique creekfront inventory is finite, 107-109 Scudder Ln stands out as a property with current income, real land value, and a location that should stay relevant as Wimberley continues to draw both visitors and long-term believers.
The numbers behind this insight
- Offered at
- $2,190,000
- Listed
- October 1, 2025
- Asking price per sq ft
- $973
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (380 sales), as of October 16, 2026.
- Property Type
- Residential Income
- Year Built
- 1989
- Lot Size
- 1.15 acres
- Price / Sq Ft
- $973
Listing information last updated March 16, 2026.
Listed by Congress Realty, Inc.
MLS# 2985681 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- High Speed Internet
- Cooktop
- Dishwasher
- Microwave
- Refrigerator
- No Carpet
- Tile
- Wood
- Heating
- Central,Electric
- Cooling
- Central Air,Electric
Exterior & Lot
- Barbecue
- Frame
- Masonry – Partial
- Wood Siding
- Landscaped
- Level
- Trees-Moderate
- Pillar
- Post
- Pier
- Covered
- Deck
- Roof
- Composition,Metal
- Lot Size
- 1.15 Acres
- Off Street
- Parking Lot
Financial
- Original List Price
- $2,190,000
- Price per Sq Ft
- $973
Utilities
- Electricity Connected
- High Speed Internet
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 107-109 Scudder Ln, whoever represented it.
- ActiveListed 2025Current price: $2,190,000Original list: $2,190,000MLS 2985681
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,190,000
- Original list
- $2,190,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 1, 2025 · 380 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $557,124
- Assessment Year
- 2025
- Year Built
- 1987
- Parcel ID
- 11-2270-0000-00200-8
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $557,124 | $200,000 | $357,124 |
Zoned Schools
Wimberley ISD
Wimberley
Danforth
Jacobs Well
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($438K)
Adjustable assumption - not a lending recommendation.
$2,190,000
Luxury property intelligence
Keenan Market Position
A sourced read on Wimberley pricing, timing, and property scale. No automated valuation claim.
List price
$2,190,000
Price per sqft
$973/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
380 days
Original to current
No verified reduction
$2.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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