10703 Rnch Rd 12, Wimberley, TX 78676-5239
- Commercial real estate
- 2,520 SF
- 3.78 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 10703 Rnch Rd 12
- Year built
- 2012
- Lot size
- 3.78 lot acres
- Property type
- Commercial real estate
- APN
- R17344
- APU
- R17344
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 6, 2024 | — | Harp Zweig Capital LLC | K R A K Investments LLC | Special Warranty Deed | — |
| May 31, 2022 | — | Harp Zweig Capital LLC | Robert L Zweig | Intrafamily Transfer · related | — |
| Feb 19, 2010 | — | Michael R Hogan | Jmh Holdings LLC | Warranty Deed | $135k · Security State Bank & Trust |
| Jun 23, 2008 | — | Jmh Holdings LLC | Davis,virginia E | Warranty Deed · related | $96k · First State Bank Central Texas |
Description
This exceptional 13.81-acre property in Wimberley, Texas, presents a unique investment opportunity. The compound boasts ten individual cabins, each offering breathtaking southwest views of Devil's Backbone. A substantial 3,200 square-foot dining hall and common area, complete with a commercial kitchen, provides ample space for gatherings or events. The property also includes a spacious 2,221 square-foot main house featuring four bedrooms and 3.5 bathrooms, along with a separate 320 square-foot one-bedroom, one-bathroom guest house. Additional amenities include a 400+ square-foot barn and horse area, two carports, and a large metal building with double drive-through doors, ideal for maintenance or storage. The entire 9,781 square-foot complex sits on unrestricted land, easily accessible via a 24-foot wide easement off Ranch Road 12. Its prime location offers convenient access to Austin (under 43 miles from Austin Bergstrom International Airport), San Antonio (60 miles), and San Marcos (less than 12 miles from Downtown). The property's serene Hill Country setting, with its gentle slopes and secluded valley location, creates a tranquil atmosphere, enhanced by a seasonal creek separating the main house from the cabins and a paved access road ensuring easy navigation throughout the entire compound. The property is zoned unrestricted and has thirteen buildings, all single-story structures. The asking price is $1,995,000, translating to $203.97 per square foot.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $565,000
- 6.5%
- $525,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $609,000
Market price range: $297k - $930k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $615,000 Current use
- WAREHOUSE, STORAGE
- $625,000 Change: +1% Conversion: Difficult
- OFFICE BUILDING
- $610,000 Change: -1% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wimberley
- County
- Hays
- State
- Texas
- Longitude
- -98.098
- Latitude
- 29.9611
- CBSA code
- 12420
- CBSA name
- AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
