Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    29.44 Acres in Gated Community Title is generated by Realmo AI

    585 Outlook Drive, Wimberley, TX 78676

    View on Map
    Claim this Listing
    For Sale
    $1,472,000

    LAND - TX

    Lot size:
    29.44 Acres
    Added:
    Jan 13, 2026
    Days on Market:
    137
    Last Refresh:
    May 30 at 1:06 am

    Property Features for 585 Outlook Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    118781
    Lot size
    29.44 Acres

    Taxes and HOA fees

    Tax Description
    HIGH RIDGE RANCH, LOT 6
    Tax Annual Amount
    37

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kacy Bain
    Kacy Bain

    Listing agent Kacy Bain License #0517075

    Listing office RE/MAX Professionals 2905 Avenue F, STE A, Bay City, TX

    Listing date Jan 13, 2026

    MLS# 3778641 Listing URL

    Copyright © 2026 Brazoria County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 29.44‑acre property in a private, gated Hill Country community.
    • Convenient location near Canyon Lake, Lake LBJ, Austin, San Antonio, Johnson City & Fredericksburg.
    • Suited for custom homesite, weekend retreat, or long‑term investment.
    • Paved road frontage and gently rolling terrain.
    • Mature oaks and a balance of open areas & native vegetation.
    • Brush management implemented to enhance accessibility.

    Overview

    This 29.44-acre property is located within a private, gated Hill Country community. The land features paved road frontage, gently rolling terrain, and mature oaks. A balance of open areas and native vegetation makes it suitable for a custom homesite, weekend retreat, or long-term investment. Brush management has been implemented to enhance accessibility while preserving the natural character of the land. The property is conveniently located just minutes from Canyon Lake and Lake LBJ, with easy access to Austin, San Antonio, Johnson City, and Fredericksburg, allowing enjoyment of the Hill Country's many amenities. Abundant native wildlife is present.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wimberley
    County
    Hays
    State
    Texas
    Longitude
    -98.246902
    Latitude
    30.0049

    Nearby Similar for Sale

    • $1,400,000
      4,493 SF

      Wimberley Multi-Residence Income Property

      Multi-unit property with income potential, energy efficiency, and sustainable features.
      310 Eagles Nest DR, Wimberley, TX 78676
      View Details
    • $550,000
      477 SF

      Unrestricted Acres in Wimberley, Texas

      Private 17.47-acre Hill Country retreat near Wimberley Square.
      411 Circle Drive lot: 10, Wimberley, TX 78676
      View Details
    • $1,250,000
      960 SF

      Diverse Commercial Property in Wimberley

      Commercial property with frontage on Ranch Road 12 in Wimberley.
      16933 Rr, Wimberley, TX 78676
      View Details
    • $1,599,700

      Wimberley Restaurant/Retail Opportunity

      Versatile commercial building in Wimberley, TX, ideal for hospitality.
      14111 WINTERS MILL Pkwy, Wimberley, TX 78676
      View Details
    • $599,000

      Wimberley Land with Hill Country Views

      17.758 acres with views, ideal for building or horses.
      1215 Montell Rd lot: 187, Wimberley, TX 78676
      View Details
    • $824,000

      Waterfront Land Ready for Development

      4+ acre waterfront lot near Wimberley, TX, ready for development.
      303 Deer Lake Road lot: 3, Wimberley, TX 78676
      View Details
    • $875,000

      Texas Hill Country Bluff-Top Land

      Extraordinary 22-acre property with panoramic views near Wimberley, TX.
      1017 Montell Road lot: 190, Wimberley, TX 78676
      View Details
    • $1,472,000

      Wimberley, Texas Land Tract

      29.44-acre tract in a private, gated Hill Country community.
      525 Outlook Drive lot: 6, Wimberley, TX 78676
      View Details
    • $560,000
      320 SF

      Wimberley, TX 14.364-Acre Land

      14.364-acre property perfect for privacy and nature connection.
      3385 Fulton Ranch Road, Wimberley, TX 78676
      View Details
    • $225,000

      Wimberley Land in Gated Subdivision

      2.25 acre lot in gated Wimberley subdivision.
      130 Panorama Drive lot: 46-A, Wimberley, TX 78676
      View Details
    • $2,000,102

      23 Acres in Texas Hill Country

      Unimproved land with development potential near Wimberley and Dripping Springs.
      3600 Mt Sharp Rd, Wimberley, TX 78676
      View Details
    • $395,000

      Wimberley Land in Blanco Estates

      3.46 acres in gated community with Blanco River access.
      110 Estates, Wimberley, TX 78676
      View Details

    FAQs

    What type of property is this?
    Land - 29.44 acres in a private, gated Hill Country community.
    Where is this land located?
    The property is located at 585 Outlook Drive Wimberley, TX.
    What is the asking price?
    The asking price for this property is $1,472,000.
    What are key features of this property?
    This property features: 29.44‑acre property in a private, gated Hill Country community.; Convenient location near Canyon Lake, Lake LBJ, Austin, San Antonio, Johnson City & Fredericksburg.; Suited for custom homesite, weekend retreat, or long‑term investment.
    (979) 318-3883
    We can help!
    Listing Contact
    Kacy Bain
    Kacy Bain
    Real Estate License ID: 0517075
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    585 Outlook Drive, , TX 78676
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!