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400 Eagles Nest Dr, Wimberley, TX, 78676

$789,000

Home List Price

$9,369*

Closing Credit

0 Baths
4,651 SqFt
$170/SqFt
Multi
Schools Nearby

Location

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400 Eagles Nest Dr, Wimberley$789,000

Buyer Closing Credits

$9,369*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDeck
Year Built1979
HeatingCentral, Electric
CoolingCentral Air
WaterfrontNone
ViewHills
MLS #7145847
Lot Size2.00 Acres
StatusActive

About 400 Eagles Nest Dr

Prime rental property for sale in Wimberley, TX. This Investment property on 2 acres of unrestricted land has a tri-plex building with Units 5, 6, 7, built in 2006 and additional land where a single row of building units 1, 2, 3 & 4 previously stood but were unfortunately lost in a fire in 2022. All tri-plex units are currently leased with 2 expiring in late spring of 2025. Healthy market rents are being achieved (1350.00 per month). New deck on all units on this well maintained property. The price is reflective of rent/price ratio and recent sales comps of near by small multi-unit properties in the past year. This valuation method takes into consideration the tri-plex income and the remaining unrestricted land value. The valuation does not take into consideration any pro-forma values for the previous properties nor does it apply a premium on the land where the properties previously were. The replacement of the previous 4 rental units and addition of more on the remaining land could easily double the value (or more) of this property allowing the investor to realize instant equity and cash flow for years to come in a thriving area for essentially replacement costs of the buildings. This is an experienced investors ideal property with the potential to be a long term hold. This is an excellent opportunity that doesn't come around often. Please contact agent for showing requests. Please do not disturb the tenants. All site visits should be facilitated through the listing agent.

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Stories: 1
  • Living Area: 4,651 SqFt

Listing Office:

  • Office Name: JBG Commercial
  • Office Phone: (512) 502-7580
  • Listing Agent: Michael Ashby

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer
  • Flooring Type: Carpet, Vinyl
  • Interior: See Remarks

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Hills
  • Exterior: Balcony

Parking Information:

  • Parking: Deck

Lot Features

Lot Information:

  • Lot: Irregular Lot, Views
  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wimberley High School, Public District Grades 9-12
  • Danforth Jr High School, Public District Grades 6-8
  • Jacob's Well Elementary School, Public District Grades 2-5

Other

Directions Information:

  • Directions: Directions: N on RR 12 @ 3 miles, 200 yards past Skyline Dr is Eagles Nest. Turn and go up hill to triplex on right corner and turn in front of triplex. Short road in front of property is where 4 units used to be and is part of the property prime for rebuild of additional rental units.

Price Information

Listing Price Info

Price Summary:

  • List Price: $789,000
  • Price Per SqFt: $170/SqFt

Tax Information:

  • Annual Amount: $8,992
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wimberley, TX.

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Wimberley, TX

City

Med. Sold Price

$515K

Med. Price/SqFt

$279

Avg. Days On Market

92

# of Sold Homes

22

400 Eagles Nest Dr vs Wimberley

38 DAYS ON ROCKET

-54 Days

$789,000

+$274K More

$170/SqFt

-$110 Less

KEY TAKEAWAY

This property is $274K more than the Median Sold Price and $110/SqFt less than other homes in Wimberley, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #7145847

Listing Office:

  • Office Name: JBG Commercial
  • Office Phone: (512) 502-7580
  • Listing Agent: Michael Ashby

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/27/2024, 4:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,992$563,262
2020$8,992$505,550
2019$8,806$492,270
2018$8,807$464,040
2017$7,311$460,860

History based on county public records data.

Payment Calculator

$4,005

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,432

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1034202
6
/10

  • Jacob's Well Elementary School

  • 3470 Ranch Rd 2325

  • 11.64 miles

  • Public District Grades 2-5

Middle School

school-card-donut-1034203
7
/10

  • Danforth Jr High School

  • 200 Texan Blvd

  • 2.54 miles

  • Public District Grades 6-8

High School

school-card-donut-1034204
6
/10

  • Wimberley High School

  • 100 Carney Ln

  • 2.51 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,526. The most common annual income of people living in Wimberley, TX is between $35k-100k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Hays County›Wimberley›78676›400 Eagles Nest Dr

This home is located at 400 Eagles Nest Dr in Wimberley, TX and zip code 78676. This 4,651 square foot home, which was built in 1979, sits on a 2.00 acre lot. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $789,000.

Over 2 listings were sold over their listed price in March 2024 in Wimberley, TX. In the same period over 16 listings were sold below the listed price and 4 listings were sold for the listed price. In March 2024 in Wimberley, TX there were 30.8% more homes for sale than in February 2024. Listings spent 92 days on the market in March 2024, and had a median list price of $515,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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