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Multifamily Compound with Workshop
For Sale
$1,400,000

310 Eagles Nest DR, Wimberley, TX 78676

Other - Wimberley, TX

Property Size4,493 SF
Lot Size5.47 Acres
Price / SF$311.60
Days on Market51

Property Features for 310 Eagles Nest DR

General Information

Property type Other
Property subtype Quadruplex
Parking 8
Parking features Carport, Driveway, Garage, Open, RV
Interior features Ceiling Fan(s), Coffered Ceiling(s), Tray Ceiling(s), Double Vanity, Entrance Foyer, Recessed Lighting, Track Lighting, Walk-In Closet(s)
Exterior features Balcony, Private Entrance, RV Hookup
Appliances Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
Subdivision None
View Panorama
Elementary school Blue Hole
Middle school Danforth
High school Wimberley
Directions From Dripping Springs/Driftwood, Ranch Road 12 south and turn left on Eagle Nest approximately 1-mile past Jacobs Well Road. From Wimberley, Ranch Road 12 north and turn right on Eagle Nest approximately 1.4 miles north of Winters Mill Road. **Veer to the right at the Y and stay to the left passing through the "Whoa" sign.**
Standard status Active
APN 1006020011000008
Size 4,493 SF
Lot size 5.47 Acres

Utilities

Heating system Electric (Heating)
Cooling system Ceiling Fan(s), Central Air

Building Details

Year built 2007
Floors in Building 1
Flooring type Carpet, Marble, Tile, Vinyl, Wood
Roof type Composition, Metal
Architectural style Other
Listing Agency: Engel & Völkers Alamo Heights
Listed By: Jill Powell
Added: Jun 12 Changed: Jul 15 Last Checked: Aug 1 at 12:06PM
MLS# 9268607

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Eagles Nest is a multi-residence compound featuring a 2-unit duplex plus three standalone dwellings and an insulated workshop on-site. The duplex was rebuilt from the slab in 2008 using energy-efficient construction and includes paid-off solar panels. Side A is a one-bedroom, two-bath unit with 1,436+/- SF, and Side B is a two-bedroom unit with an office and two baths across 1,915+/- SF. Additional on-site dwellings include the Blue Cottage (+/-383 SF), the Stone Home (+/-759 SF), and a manufactured home (+/-636 SF), each with its own living spaces and full kitchen and bath.

The property is supported by a 20,000-gallon rainwater collection system and is listed as a Certified Wildlife Habitat. A substantial insulated workshop of 2,400 SF includes high-power electric and is suited for commercial-grade equipment, fabrication, storage, or additional rental use. An RV currently on the property may convey with the sale, and it is currently rented. Additional buildable land is included to support future expansion or infrastructure.

Key Highlights

  • Diversified income potential from multiple rental units with a total gross rental potential of $9200/month.
  • Energy efficiency with owned solar panels on the duplex and a 20,000‑gallon rainwater collection system.**
  • Substantial 2,400 SF insulated workshop with high‑power electric, suitable for commercial use.

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $132.1k $29.40
− Vacancy −$6.9k −$1.53
EGI $125.2k $27.87
− OpEx −$56.4k −$12.54
NOI $68.9k $15.33
4,493 SF · lease $29.40/SF/yr · vacancy 5.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$983.9K
$860.9K – $1.15M (±1% cap)
NOI $68,874 @ 7.0% cap · market cap 4.92%
Second Best
Industrial
$574.3K
$502.5K – $670.0K (±1% cap)
NOI $40,200 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M (±1% cap)
NOI $131,473 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Pharmacy Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 78676, TX

14,713
Population
7,487
Households
2
Avg Household Size
52
Median Age
50%
College-Educated
93%
High-School Grad
167.8 sq mi
ZIP Area
88
Density / Sq Mi
$86,819
Median Household Income
$44,745
Median Earnings
$1,432
Median Rent
$476,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Duplex plus three standalone dwellings, supported by paid-off solar, rainwater collection, and a high-power insulated workshop.
Where is this apartment building located?
The property is located at 310 Eagles Nest DR Wimberley, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Diversified income potential from multiple rental units with a total gross rental potential of $9200/month.; Energy efficiency with owned solar panels on the duplex and a 20,000‑gallon rainwater collection system.**; Substantial 2,400 SF insulated workshop with high‑power electric, suitable for commercial use.
More about this property
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