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    3470 Rnch Rd 2324 Wimberley, TX 78676

    Sponsored
    For Sale
    $5,995,000

    Prime Hill Country development opportunity. 50 acres with utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 50-acre tract presents a unique investment opportunity in the desirable Wimberley, Texas area. Situated within the Cadenhead community (Wimberley Springs Master Plan Community), this flat, buildable land boasts breathtaking Hill Country views. The property features two convenient ingress/egress points, ensuring easy access and development potential. All utilities are available, and the necessary Lot Use Entitlements (LUEs) are already secured, streamlining the development process. The asking price is $5,995,000, translating to $185,000 per acre, reflecting the land's prime location and exceptional characteristics. This expansive parcel is ideally suited for a variety of residential developments, including build-to-rent (BTR) projects or garden home communities. Its flat topography and stunning views make it an exceptional canvas for creating a high-value residential community. The property's location in Hays County, Texas, offers a desirable lifestyle with access to the natural beauty of the Texas Hill Country. Further details and a private tour can be arranged with the seller/developer. This is a rare opportunity to acquire a significant land holding in a highly sought-after location.

    Property Features for 3470 Rnch Rd 2324

    General Information

    Property type
    Land
    Lot Size
    2,178,000 SF

    HighLights

    • $5,995,000 asking price.
    • 50‑acre residential land parcel.
    • $185,000 per acre land value.
    • Located in Wimberley, Texas, at 3470 Ranch Rd 2324, Hays County, 78676.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wimberley
    County
    Hays
    State
    Texas
    Longitude
    -98.138414536557
    Latitude
    30.019563353961

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    FAQs

    What type of property is this?
    Land - Prime Hill Country development opportunity. 50 acres with utilities.
    Where is this land located?
    The property is located at 3470 Rnch Rd 2324 Wimberley, TX.
    What is the asking price?
    The asking price for this property is $5,995,000.
    What are key features of this property?
    This property features: $5,995,000 asking price.; 50-acre residential land parcel.; $185,000 per acre land value.
    (512) 743-1488
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    Realmo Value Estimation

    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.

    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.

    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
    3470 Rnch Rd 2324 Wimberley, TX 78676
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