707 Flite Acres Rd Wimberley, TX 78676

Property Details for 707 Flite Acres Rd

Year built

1986

Lot size

8.01 lot acres

Property size

3,309 SF

Property type

Commercial real estate

Description

This exceptional Wimberley property presents a unique investment opportunity with multiple income streams. Situated on approximately 8.01 acres, the property boasts a main residence of 2,121 square feet, featuring three bedrooms, two and a half bathrooms, and an office. The main residence includes a living room with a floor-to-ceiling fireplace and raised hearth, a kitchen with quartz countertops and stainless steel appliances, hardwood flooring throughout, and a built-in office. Extensive decking (nearly 800 square feet) overlooks a seasonal creek and an inground pool. In addition to the main house, there's a 453-square-foot attached one-bedroom, one-bathroom guest quarters, and a detached 735-square-foot one-bedroom, one-bathroom guest house. A 1,500-square-foot workshop with an attached RV shelter equipped with electric hookups is partially rented for storage. The property benefits from agricultural valuation, resulting in lower taxes. The property is located just outside the city limits of Wimberley with minimal restrictions, allowing for short-term or long-term rental possibilities for all structures. One guest house currently operates as a thriving short-term rental with excellent reviews, providing immediate income potential. The property's picturesque setting, including pastures, a seasonal creek, and mature oak trees, adds to its appeal and investment value. This versatile property offers a blend of residential comfort and significant income potential in a highly desirable location.