Listing both 450 Shady Bluff and adjacent plot of land 460 Shady Bluff:450 Shady Bluff: $749,000460 Shady Bluff: $49,000Package Offering (450/460 Shady Bluff): $778,000 Value-Add PotentialAdjacent 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 HighlightsPositive 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!
MLS# | 9063505 |
---|---|
Listing Type | For Sale |
Style | Town House |
HOA Dues | $40 |
Sub-Type | Resale |
Status | Active |
Year | 1995 |
Days On Site | 13 |
Listing Provided By | Nook Realty | Jennifer Ferrara |
SQ Feet | 3,472 |
---|---|
Story(s) | 2 |
Acreage | 0.23 |
Property View | Hill Country |
State | TX |
---|---|
County | Hays |
City | Wimberley |
Zip Code | 78676 |
Area | HW |
Community Name | Woodcreek Sec 9A |
School District | Wimberley |
Elementary School | Jacobs Well |
Middle School | Danforth |
High School | Wimberley |
Listing VS Median (In Woodcreek Sec 9A) | |
Price: $749,000 low | high Med: $249,000 SqFt: 3,472 low | high Med: 1,512 $ / SqFt: $216 low | high Med: $165 On site: 13 low | high Med: 53.000000 |