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Keenan Group#1 Austin Board of Realtors Team 2024

$899,000

10Beds
9.5Baths
6,500Sq Ft
4.10 acresLot

120 Cedar Bend Road, Wimberley, TX 78676

Reduced 10%$999,000
Wimberley·MLS# 2768279·Built 2003·312 days on market

10 bed, 9 bath, 6,500 sqft on 4.10 acres in Wimberley. Wimberley, TX 78676. $899,000. Wimberley ISD.

About This Home

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.

Property Type
Residential
Year Built
2003
Lot Size
4.10 acres
Price / Sq Ft
$138

Listing information last updated August 25, 2026.

Listed by Compass RE Texas, LLC

MLS# 2768279 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 4.10-acre lot
Ceiling-Vaulted
Chandelier
Laminate Counters
Entrance Foyer
High Speed Internet

Facts & Features

Interior

Features

  • Ceiling-Vaulted
  • Chandelier
  • Laminate Counters
  • Entrance Foyer
  • High Speed Internet
  • In-Law Floorplan
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Natural Woodwork
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)

Appliances

  • Dishwasher
  • Electric Range
  • Exhaust Fan
  • Microwave
  • Electric Oven
  • Plumbed For Ice Maker
  • Electric Water Heater

Flooring

  • Carpet
  • Laminate
Heating
Central
Cooling
Ceiling Fan(s),Central Air,Varies by Unit
Fireplaces
1
Exterior & Lot

Features

  • Uncovered Courtyard
  • Dog Run
  • Garden
  • Private Entrance
  • Private Yard
  • RV Hookup

Construction

  • Frame
  • Hardi
  • Plank Type
  • Stone

Lot Features

  • Greenbelt
  • Bluff
  • Cleared
  • Front Yard
  • Garden
  • Interior Lot
  • Landscaped
  • Level
  • Native Plants
  • Private
  • Many Trees
  • Views

Fencing

  • Fenced
  • Perimeter
  • Stone

Foundation

  • Pillar
  • Post
  • Pier
  • Slab

Patio / Porch

  • Covered
  • Deck
  • Enclosed
  • Front Porch
  • Patio
  • Porch
  • Rear Porch
Roof
See Remarks,Composition,Metal
Lot Size
4.10 Acres

Parking

  • Additional Parking
  • Assigned
  • Carport
  • Circular Driveway
  • Common
  • Detached Carport
  • Drive Through
  • Driveway
  • Gated
  • Open
  • Shared Driveway
  • Varies by Unit
Financial
Original List Price
$999,000
Price per Sq Ft
$138
Utilities
  • Above Ground
  • Electricity Connected
  • High Speed Internet
  • Natural Gas Not Available
  • Sewer Connected
  • Water Connected
Water Source
Private,Well
Sewer
Engineered Septic,Private Sewer,Shared Septic,Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 120 Cedar Bend Road, whoever represented it.

  1. ActiveListed 2025
    Current price: $899,000Original list: $999,000MLS 2768279
    1. Price changed · April 10, 2026$974,500
    2. Price changed · May 29, 2026$949,900
    3. Price changed · July 6, 2026$899,000

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.

View Timeline
Current list
$899,000
Original list
$999,000
Price movement
$100K reduction
Listed / DOM
Dec 12, 2025 · 312 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$318,134
Assessment Year
2025
Year Built
1983
Parcel ID
11-1005-0000-01800-8
YearTaxesTotal AssessmentLandAdditions
2025
—$318,134$216,260$110,650

Virtual Tour

Virtual tour of 120 Cedar Bend Road
Map showing 120 Cedar Bend Road
120 Cedar Bend Road
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Zoned Schools

Wimberley ISD

1 High School1 Middle School1 Elementary School

Wimberley

High SchoolGrades 9-12Zoned assignment

Danforth

Middle SchoolGrades 6-8Zoned assignment

Blue Hole

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$4,980

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($180K)

Adjustable assumption - not a lending recommendation.

$899,000

Loan: $719K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Wimberley pricing, timing, and property scale. No automated valuation claim.

List price

$899,000

Price per sqft

$138/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

312 days

Original to current

$100K reduction

$999K original

Active inventory context

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Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Frequently Asked Questions

How much is 120 Cedar Bend Road?

120 Cedar Bend Road is listed at $899,000 with 10 bedrooms, 9 full, 5 half bathrooms, 6,500 square feet, 4.10-acre lot. This places it above the ZIP 78676 single-family closed-sale median price of $561,250 (ZIP 78676 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 19, 2026).

What school district is 120 Cedar Bend Road in?

120 Cedar Bend Road is zoned for Wimberley ISD with assigned schools: Blue Hole (elementary), Danforth (middle), Wimberley (high). School assignments should be verified directly with the district.

What are the property details for 120 Cedar Bend Road?

120 Cedar Bend Road is a Residential built in 2003 featuring 10 bedrooms, 9 full, 5 half bathrooms, 6,500 square feet, 4.10-acre lot.

What are the property taxes for 120 Cedar Bend Road?

The most recent annual property tax for 120 Cedar Bend Road is $4,629. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 120 Cedar Bend Road?

This page does not assume a mortgage rate or publish a monthly payment for 120 Cedar Bend Road. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 120 Cedar Bend Road compare with other homes in Wimberley?

As of Oct 16, 2026, 120 Cedar Bend Road is offered at $899,000. The current MLS snapshot shows 190 active listings in 78676. Keenan Group has completed 4 verified transactions in 78676 within its 1,000+ completed transactions and $1B+ career volume across Austin.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Wimberley

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 9:07:17 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 9:07:17 PM

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