— bed, — bath on 4.26 acres in Wimberley. Wimberley, TX 78676. $795,000.
About This Home
Rare unrestricted potential in a prime location — opportunities like this don’t come around often!
Nestled on 4.263 private acres just minutes from downtown Wimberley, this unique property offers endless possibilities with both residential and commercial zoning. Surrounded by beautiful mature trees and peaceful Hill Country scenery, the property currently features two well-maintained 3-bedroom, 2-bath manufactured homes that are producing rental income. Whether you’re looking for an investment opportunity, multi-generational living, a live/work setup, short-term rental potential, or future commercial development, this versatile property is ready to fit your vision. Enjoy the perfect balance of privacy and convenience with easy access to shopping, dining, entertainment, and all that downtown Wimberley has to offer.
On 4.263 acres in Green Acres Section 1, 502 Wayside Drive in Wimberley offers something rare in Hays County: unrestricted zoning that allows both residential and commercial use without the typical constraints. The property sits minutes from downtown Wimberley's shops and restaurants while maintaining complete privacy behind mature Hill Country trees.
The current configuration includes two three-bedroom, two-bath manufactured homes that generate immediate rental income. This dual-structure setup creates flexible options for the right buyer. Multi-generational families often see value in the separation and independence each home provides. Investors recognize the income stream already in place. Developers understand the commercial potential the unrestricted designation unlocks.
The location itself is deliberate. Wimberley positions residents between Hill Country recreation and greater Austin employment centers. The proximity to downtown Wimberley means neighbors and customers within walking distance. The tree coverage and acreage buffer create a genuine sense of removal from surrounding activity, even though services and commerce sit nearby.
The property's layout on wooded acreage suggests careful land stewardship. Mature trees don't develop in cramped subdivisions. Neither do peaceful Hill Country views that buyers specifically seek in Wimberley. The land itself becomes part of the property value, not an afterthought.
Construction details matter less than the underlying opportunity here. The manufactured homes function well as income generators today. Tomorrow, the same land could support entirely different uses. That optionality is what makes unrestricted zoning genuinely valuable. Most Wimberley properties come with deed restrictions that lock in residential-only use for generations. This one doesn't.
Buyers typically fall into clear categories: active real estate investors who want immediate cash flow with expansion potential, families planning to add guest homes or in-law quarters without HOA delays, or entrepreneurs considering live-work arrangements where zoning wouldn't create conflicts.
At $795,000, the property prices in the current income stream and the underlying land value separately. Comparable residential acreage in Wimberley commands premium per-acre rates. Zoning flexibility adds another dimension entirely.
The Hill Country's continued growth means land like this in Wimberley gets rarer, not more common. Most similar acreage sold ten years ago developed into subdivisions. Remaining unrestricted parcels this close to downtown become decision points for owners asking what their best long-term move looks like.
The numbers behind this insight
- Offered at
- $795,000
- Listed
- May 18, 2026
- Property Type
- Commercial Sale
- Year Built
- 2000
- Lot Size
- 4.26 acres
Listing information last updated May 29, 2026.
Listed by Phillips & Associates Realty
MLS# 7089613 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 4.26 Acres
- Gravel
Financial
- Original List Price
- $795,000
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Well
Transaction History
1 record on file
Every recorded listing, sale, and lease at 502 Wayside DR, whoever represented it.
- ActiveListed 2026Current price: $795,000Original list: $795,000MLS 7089613
- Listed · May 18, 2026$795,000
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
- $795,000
- Original list
- $795,000
- Price movement
- No verified reduction
- Listed / DOM
- May 18, 2026 · 155 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $346,590
- Assessment Year
- 2025
- Year Built
- 2000
- Parcel ID
- 11-3360-0000-01300-8
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $346,590 | $344,180 | $2,410 |
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($159K)
Adjustable assumption - not a lending recommendation.
$795,000
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Keenan Market Position
A sourced read on Wimberley pricing, timing, and property scale. No automated valuation claim.
List price
$795,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
155 days
Original to current
No verified reduction
$795K 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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