Loading
#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
120 Cedar Bend Rd is listed at $974,500 with 0 bedrooms, 6,500 square feet, 4.10-acre lot. This places it above the 78676 median of $804,250.
120 Cedar Bend Rd is zoned for Wimberley ISD with assigned schools: Blue Hole (elementary), Danforth (middle), Wimberley (8/10) (high). School assignments should be verified directly with the district.
120 Cedar Bend Rd is a Residential Income built in 2003 featuring 0 bedrooms, 6,500 square feet, 4.10-acre lot.
120 Cedar Bend Rd is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 120 Cedar Bend Rd 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Burnett Ranch Sec 2
Listing timeline with current price, original ask, and market time.
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 Income
Year Built
2003
Lot Size
4.10 acres
$/Sq Ft
$150
Garage
25 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Wimberley ISD
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. Ratings from GreatSchools.org.
20% ($195K)
$974,500
Luxury property intelligence
A sourced read on Burnett Ranch Sec 2 pricing, timing, and property scale. No automated valuation claim.
List price
$974,500
Price per sqft
$150/sqft
Vs. Burnett Ranch Sec 2 median
Not available
Days on market
161 days
Original to current
$24.5K reduction
$999K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 12, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($194,900) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 120 Cedar Bend Rd is around $5,442 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $974,500, 120 Cedar Bend Rd is in the Burnett Ranch Sec 2 market where there are currently 169 active listings in 78676. The Keenan Group has completed 2 transactions in 78676 as part of 1,000+ career sales totaling $1B+ across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
N/A
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Active listings near 120 Cedar Bend Rd
Recent sales for market context
