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.
Cedar Bend Road in Wimberley sits on a private, gated compound that operates as both a secure family sanctuary and an income-producing asset - a rare combination that delivers peace of mind on multiple levels. The 120 Cedar Bend Road property spans 4.1 acres in the Burnett Ranch Section 2 subdivision, offering the kind of separation and privacy that Hill Country living promises but rarely delivers. Two separate gated entries control access to the entire compound, and hand-stacked stone perimeter walls define clear boundaries around the property while preserving sightlines to the surrounding bluffs and native oak trees.
The main residence anchors the compound as a traditional family home with 10 bedrooms, 9 full bathrooms, and 5 half bathrooms across 6,500 square feet of open-concept living. The primary bedroom sits on the main floor, eliminating stairs for accessibility and comfort. Vaulted ceilings, multiple living and dining areas, and a covered pavilion overlooking a wet weather creek create distinct spaces for family life. The soaking tub, walk-in closets, and pantry address daily comfort without pretense. An in-law floor plan accommodates multi-generational living or guests with complete privacy.
Beyond the main home, six additional single-family rental units generate approximately $8,500 monthly in current income, with significant upside potential through short-term rental conversion. This structure transforms the property into a secure investment where family life and revenue streams coexist on your own land. RV hookups, private parking areas, and individual storage buildings create infrastructure for extended family visits, recreational vehicles, or expanding operations.
Wimberley ISD serves the property, with Blue Hole Elementary, Danforth Middle, and Wimberley High School (GreatSchools 8/10) nearby. The Blanco River access through a private 28-acre gated member park provides recreation without public crowds. High-speed fiber internet reaches all sites. One acre remains undeveloped, allowing you to shape the compound's future based on family needs or investment strategy.
This compound delivers what most properties can't - a protected retreat where family life flourishes while building long-term wealth through real estate operations on your own terms.
The numbers behind this insight
- Offered at
- $899,000
- Listed
- December 12, 2025
- Price changes
- Reduced, down 10% from $999,000
- Asking price per sq ft
- $138
- 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
Facts & Features
Interior
- 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)
- Dishwasher
- Electric Range
- Exhaust Fan
- Microwave
- Electric Oven
- Plumbed For Ice Maker
- Electric Water Heater
- Carpet
- Laminate
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air,Varies by Unit
- Fireplaces
- 1
Exterior & Lot
- Uncovered Courtyard
- Dog Run
- Garden
- Private Entrance
- Private Yard
- RV Hookup
- Frame
- Hardi
- Plank Type
- Stone
- Greenbelt
- Bluff
- Cleared
- Front Yard
- Garden
- Interior Lot
- Landscaped
- Level
- Native Plants
- Private
- Many Trees
- Views
- Fenced
- Perimeter
- Stone
- Pillar
- Post
- Pier
- Slab
- Covered
- Deck
- Enclosed
- Front Porch
- Patio
- Porch
- Rear Porch
- Roof
- See Remarks,Composition,Metal
- Lot Size
- 4.10 Acres
- 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.
- ActiveListed 2025Current price: $899,000Original list: $999,000MLS 2768279
- Price changed · April 10, 2026$974,500
- Price changed · May 29, 2026$949,900
- 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.
- 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
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $318,134 | $216,260 | $110,650 |
Virtual Tour

Zoned Schools
Wimberley ISD
Wimberley
Danforth
Blue Hole
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% ($180K)
Adjustable assumption - not a lending recommendation.
$899,000
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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
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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