450 Shady Bluff DR Wimberley, TX 78676
3,472 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,472 sqft
Price per Sqft $215
Subdivision Woodcreek Sec 9A
MLS Listing ID 9063505
HOA Fees $40/mo
HOA Y/N Yes
Originating Board actris
Year Built 1995
Annual Tax Amount $7,929
Tax Year 2024
Lot Size 9,879 Sqft
Acres 0.2268
Property Sub-Type Quadruplex
Property Description
450 Shady Bluff: $749,000
460 Shady Bluff: $49,000
Package Offering (450/460 Shady Bluff): $778,000
Value-Add Potential
Adjacent Plot of Land: Significant potential for additional amenities or livable space.
Market Trend: Two-story single-family homes (1,000-1,500 sqft) in the area selling for approximately $250,000 - $300,000.
Investment Highlights
Positive Cash Flow: This multiplex offers positive cash flow even in today's mortgage rate environment, making it a smart investment choice.
Occupied Units: The property features long-term tenants, providing stability and immediate rental income.
Location, Location, Location: Nestled in the stunning Hill Country of Wimberley, Texas, this area is known for its picturesque landscapes, vibrant community, and outdoor recreational opportunities. Wimberley boasts a welcoming atmosphere and a rich cultural scene, making it an ideal location for both residents and investors.
Invest in a property that not only offers financial benefits but also connects you to the beauty and charm of Wimberley, Texas!
Refer to documents for investor deck outlining completed and future renovations and financials. Please reach out with any questions!
Location
State TX
County Hays
Interior
Interior Features Ceiling Fan(s), Soaking Tub, See Remarks
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplace No
Appliance Dishwasher, Microwave, Oven, Refrigerator
Exterior
Exterior Feature Balcony, Uncovered Courtyard
Fence None
Community Features None
Utilities Available Electricity Connected, Sewer Available, Water Available
Waterfront Description None
View Hill Country
Roof Type Shingle
Porch Covered, Rear Porch
Building
Lot Description See Remarks
Faces East
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Concrete,Vinyl Siding,See Remarks
New Construction No
Schools
Elementary Schools Jacobs Well
Middle Schools Danforth
High Schools Wimberley
School District Wimberley Isd
Others
Pets Allowed Cats OK, Dogs OK, Small (< 20 lbs), Medium (< 35 lbs), All
HOA Fee Include See Remarks
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK, Small (< 20 lbs), Medium (< 35 lbs), All