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    Unrestricted Land Parcel with Mobile Home Title is generated by Realmo AI

    1400 Valley View Road lot 54, Wimberley, TX 78676

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    Claim this Listing
    New
    For Sale
    $375,000

    LAND - Wimberley, TX

    Lot size:
    5.00 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 9:06 am

    Property Features for 1400 Valley View Road lot 54

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R22574
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    BURNETT RANCH SEC 3, LOT 54, ACRES 5
    Tax Annual Amount
    3848

    Utilities

    Sewer type
    Public Sewer
    Water source
    Private, Well

    Building Details

    Additional Structures
    Shed(s)

    We can help!

    Listing Contact
    Lisa Azar
    Lisa Azar

    Listing agent Lisa Azar License #0761104

    Listing office Keller Williams Realty 1801 S Mopac Expy Ste 100, Austin, TX

    Listing date Jun 3, 2026

    MLS# 615748 Listing URL

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 5‑acre unrestricted property in Burnett Ranch near Wimberley, TX
    • 2006‑built 3 bed, 2 bath mobile home included
    • Utilities in place: well water and electricity
    • Public sewer available
    • Large on‑site shed for storage
    • Burnett Ranch community access to a private swimming hole and park on the Blanco River

    Overview

    This 5-acre unrestricted land parcel includes a 2006-built 3-bedroom, 2-bathroom mobile home and a large on-site shed for storage of tools, equipment, or other items. Well water and electricity are already in place, which can help support immediate living while you plan for what comes next. The property’s unrestricted character is intended to allow for a range of uses, including keeping horses or other small animals, subject to applicable rules.

    Located in the Burnett Ranch community near the heart of Wimberley, the property provides access to community amenities centered on the Blanco River. Burnett Ranch residents have exclusive access to a private community swimming hole and park right on the Blanco River, including the ability to fish from the bank.

    For buyers looking for land with existing improvements, this setup can offer a practical live-in option while you consider building or further development on the acreage. The combination of unrestricted land, available utilities, and an on-site storage structure can support a variety of residential and lifestyle plans within the community setting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Big Box & Wholesale Store Hotel & Motel HVAC Service Garden Center Travel Agency Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wimberley
    County
    Hays
    State
    Texas
    Longitude
    -98.230241
    Latitude
    30.038288

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    FAQs

    What type of property is this?
    Residential land & home lot - 5-acre unrestricted parcel with a 2006 3BD/2BA mobile home, well water, electricity, and a large on-site shed.
    Where is this residential land & home lot located?
    The property is located at 1400 Valley View Road lot 54 Wimberley, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 5‑acre unrestricted property in Burnett Ranch near Wimberley, TX; 2006‑built 3 bed, 2 bath mobile home included; Utilities in place: well water and electricity
    (619) 315-4146
    We can help!
    Listing Contact
    Lisa Azar
    Lisa Azar
    Real Estate License ID: 0761104
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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