$749,000
For Sale

450 Shady Bluff Drive

Wimberley, TX 78676
3472 sqft | 0.23 acres | #9063505
Browse 20 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Listing both 450 Shady Bluff and adjacent plot of land 460 Shady Bluff:
450 Shady Bluff: $749,000
460 Shady Bluff: $49,000
Package Offering (450/460 Shady Bluff): $778,000
Value-Add Potential
Adjacent Plot of Land: Significant potential for additional amenities or livable space.
Market Trend: Two-story single-family homes (1,000-1,500 sqft) in the area selling for approximately $250,000 - $300,000.
Investment Highlights
Positive Cash Flow: This multiplex offers positive cash flow even in today’s mortgage rate environment, making it a smart investment choice.
Occupied Units: The property features long-term tenants, providing stability and immediate rental income.
Location, Location, Location: Nestled in the stunning Hill Country of Wimberley, Texas, this area is known for its picturesque landscapes, vibrant community, and outdoor recreational opportunities. Wimberley boasts a welcoming atmosphere and a rich cultural scene, making it an ideal location for both residents and investors.
Invest in a property that not only offers financial benefits but also connects you to the beauty and charm of Wimberley, Texas!
Refer to documents for investor deck outlining completed and future renovations and financials. Please reach out with any questions!

  • Property Details
      • Utility FeaturesElectricity Connected, Sewer Available, Water Available
      • Exterior MaterialsBalcony, Uncovered Courtyard
      • InteriorCeiling Fans, Soaking Tub
      • Property ConditionUpdated Remodeled
      • SubdivisionWoodcreek Sec 9A
      • School DistrictWimberley ISD
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Elementary SchoolJacobs Well
      • Property SubtypeQuadruplex
      • High SchoolWimberley
      • Middle SchoolDanforth
      • Original List Price$749,000
      • MLS #9063505
      • MLS #9063505
      • Acres0.2268
      • Utility SourcePublic
      • Taxes Annual$7,929
      • Cost749000
      • ViewHills
      • Square Feet3472
      • Year Built1995
      • FoundationSlab
      • CountyHays
      • Hoa Fees40
      • Days on Market (Cumulative)3
      • Pets1

Location

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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