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Property profile & analytics
OFF-MARKET
Commercial real estate

707 Flite Acres Rd Wimberley, TX 78676

3,309 SF 8.01 ac lot Built 1986
Property ID
US83-1821402
Property summary
AI-generated overview

This exceptional Wimberley property presents a unique investment opportunity with multiple income streams. Situated on approximately 8.01 acres, the property boasts a main residence of 2,121 square feet, featuring three bedrooms, two and a half bathrooms, and an office. The main residence includes a living room with a floor-to-ceiling fireplace and raised hearth, a kitchen with quartz countertops and stainless steel appliances, hardwood flooring throughout, and a built-in office. Extensive decking (nearly 800 square feet) overlooks a seasonal creek and an inground pool. In addition to the main house, there's a 453-square-foot attached one-bedroom, one-bathroom guest quarters, and a detached 735-square-foot one-bedroom, one-bathroom guest house. A 1,500-square-foot workshop with an attached RV shelter equipped with electric hookups is partially rented for storage. The property benefits from agricultural valuation, resulting in lower taxes. The property is located just outside the city limits of Wimberley with minimal restrictions, allowing for short-term or long-term rental possibilities for all structures. One guest house currently operates as a thriving short-term rental with excellent reviews, providing immediate income potential. The property's picturesque setting, including pastures, a seasonal creek, and mature oak trees, adds to its appeal and investment value. This versatile property offers a blend of residential comfort and significant income potential in a highly desirable location.

Property profile
Verified
Property type Commercial real estate
Year built 1986
Total area 3,309 SF
Lot 8.01 ac (348,916 SF)
UPID US83-1821402
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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