Multifamily Property with
For Sale
$1,400,000
310 Eagles Nest DR, Wimberley, TX 78676
Wimberley, TX
Property Size4,493 SF
Price / SF$311.60
Days on Market143
Property Features for 310 Eagles Nest DR
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Elementary school
Blue Hole
Middle school
Danforth
High school
Wimberley
Standard status
Active
Size
4,493 SF
Amenities
solar panels
rainwater collection system
Building Details
Year built
2007
Listing Agency:
Engel & Volkers Alamo Heights · Engel & Völkers
(210) 845-1008
Listed By:
Jill Powell · License #0754678
Added: Jun 12
Changed: Aug 20
Last Checked: Nov 1 at 8:06PM
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.
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Investment Insights
Based on property information with market context.
This multifamily compound in Wimberley includes a duplex, three standalone residences, and a substantial insulated workshop. The duplex contains two separately configured sides: one with one bedroom and two baths, and another with two bedrooms, an office, and two baths. The detached accommodations include a one-bedroom cottage, an open-concept studio with a full kitchen and bath, and a one-bedroom manufactured home with full kitchen and living space.
The property also features a 2,400-square-foot insulated workshop with high-power electric service, supporting storage, fabrication, commercial-grade equipment, or other uses described for the space. Owned solar panels serve the duplex, while a 20,000-gallon rainwater collection system supports the property. The site is designated as a Certified Wildlife Habitat and includes additional buildable land. Located at 310 Eagles Nest DR in Wimberley, the property offers multiple residential structures and supporting infrastructure within one compound.
The property also features a 2,400-square-foot insulated workshop with high-power electric service, supporting storage, fabrication, commercial-grade equipment, or other uses described for the space. Owned solar panels serve the duplex, while a 20,000-gallon rainwater collection system supports the property. The site is designated as a Certified Wildlife Habitat and includes additional buildable land. Located at 310 Eagles Nest DR in Wimberley, the property offers multiple residential structures and supporting infrastructure within one compound.
Key Highlights
- Duplex includes 1,436+/- SF and 1,915+/- SF sides
- Three standalone dwellings measure +/-383 SF, +/-759 SF, and +/-636 SF
- 2,400 SF insulated workshop with high‑power electric
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,341
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,506,820
$1.5M
Cap Rate 7%
$1,076,300
$1.1M
Cap Rate 9%
$837,122
$837.1K
Market Conditions
NOI Build-Up for 4,493 SF
Gross rent
$113.2K $25.20/SF
− Vacancy
−$5.6K −$1.24/SF
EGI
$107.6K $23.96/SF
− OpEx
−$32.3K −$7.19/SF
NOI
$75.3K $16.77/SF
Area
Hays County, TX
Vacancy
4.94%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,506,820
Cap Rate 7%
$1,076,300
Cap Rate 9%
$837,122
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$941.8K – $1.26M
NOI $75,341 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$983.9K
$860.9K – $1.15M
NOI $68,874 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,473 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
5
Residential units
Yes
Heavy power
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multi-residence compound with a duplex, three detached dwellings, solar panels, rainwater collection, and additional buildable land.
Where is this multifamily property 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: Duplex includes 1,436+/- SF and 1,915+/- SF sides; Three standalone dwellings measure +/-383 SF, +/-759 SF, and +/-636 SF; 2,400 SF insulated workshop with high‑power electric
