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450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
450 Shady Bluff DR
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$749,000

450 Shady Bluff DR

3,472 Sq.Ft.

Description

Listing both 450 Shady Bluff and adjacent plot of land 460 Shady Bluff:
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!

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Location

450 Shady Bluff DR, Wimberley, TX 78676

Status

For Sale
Jennifer Ferrara

Jennifer Ferrara

TITLE

Founder

Property Amenities

Interior
Appliances Dishwasher, Microwave, Oven, Refrigerator
Flooring Vinyl
Other Interior Features Ceiling Fan(s), Electric Dryer Hookup, Soaking Tub, Washer Hookup, See Remarks
Area & Lot
Lot Area 9,879.41 Sq.Ft.
Living area 3,472 Sq.Ft.
MLS® ID 9063505
Year Built 1995
School District Wimberley ISD
High School Wimberley
Middle School Danforth
Elementary School Jacobs Well
Water Frontage None
View Description Hill Country
Type Multi-Family
Status For Sale
Exterior
Stories 2
Air conditioning Central Air
Heat type Central
Disability Features See Remarks
Water Source Public
Sewer Public Sewer
Other Exterior Features Balcony, Uncovered Courtyard
Parking Common, Off Street
Lot Features See Remarks
Roof Shingle
Utilities Electricity Connected, Sewer Available, Water Available
Finance
Sales Price $749,000
HOA Fees $40 monthly
Real Estate Tax $7,930 yearly

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 450 Shady Bluff DR, Wimberley, TX 78676. We are reviewing your request and will be in touch shortly!

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