104 Scudder LN # 8, Wimberley TX 78676
Wimberley, TX 78676 · Cypress Creek Condo
Single Family Residence for sale in Cypress Creek Condo
Overview
Property Description
Turnkey investment featuring eight fully remodeled cottages on a landscaped 2.6-acre parcel in Wimberley. Property includes five 1BR/1BA and three 2BR/1BA cottages, all operated as high-performing short-term rentals. Average annual NOI of $214,733 (CPA-verified, 5-year average) with a cap rate of ~8%. Includes all land, improvements, FF&E, business infrastructure, and recent major upgrades. No city or ETJ restrictions, hotel taxes, or big box competition. On-site amenities include dog park, fire pit, open-air pavilion, direct water access easement to Cypress Creek, and ample parking. Flexible management: self-operate, outsource, or lease. Strong repeat guest base, robust direct booking (90% direct booking /10% OTA), and professional marketing assets. Owner financing and 1031 exchange eligible. Supporting docs available.
Financial Info
- Price
- $2,690,000
- $ / Sqft
- $530
- HOA
- None
- Tax Rate
- 1.46%
- Est. Taxes
- $15,800
- Tax Year
- 2024
- Exemptions
- See Remarks
Legal Info
- Address
- 104 Scudder LN # 8
- County
- Hays
- City
- Wimberley
- State
- TX
- Zip
- 78676
- Subdivision
- Cypress Creek Condo
- Legal Description
- CYPRESS CREEK CONDOMINIUMS, UNIT 5, 12.5% COMMON AREA INTEREST
- Parcel
- 1522670000000058
Interior Features
- Floor
- Laminate
- Num Living
- 1
- Dining
- 1
- Appliances
- See Remarks
- Laundry
- See Remarks
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Electric
- Interior Features
- See Remarks, Fire Alarm, Blinds
General Info
- Beds
- 1 Total / 1 Main Level
- Full / Half Baths
- 1 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1992 / Updated/Remodeled
- Square Feet
- 5,075 / Public Records
- Garage Desc
- Additional Parking
- Foundation
- Pillar/Post/Pier
- Roof
- Metal
- Construction
- Wood Siding
- Acres
- 2.60
- Lot Description
- Landscaped
- Restrictions
- None
- Flood Plain
- See Remarks
- View
- Hill Country
- Water Access
- No
- Waterfront
- No
- Area
- HW
Utility Info
- Water
- Private
- Sewer
- Aerobic Septic
- Utilities
- Above Ground
- Heat
- Central
- A C
- Central Air
Exterior Features
- Fence
- Partial
- Exterior Features
- See Remarks, Deck
- Pool On Property
- No
- Area Amenities
- Dog Park
Rooms
First level
- Primary Bedroom
See Remarks
- Primary Bathroom
See Remarks
- Kitchen
See Remarks
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Mar 13, 2025 | New Listing | — |
Taxes
Schools
School Info
- District
- Wimberley ISD
- Elementary
- Blue Hole
- Middle
- Danforth
- High
- Wimberley
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$17,161 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $17,161
- Principal & interest
- $13,602
- Property taxes
- $1,317
- Homeowners insurance
- $2,242
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $2,152,000 | $24,053 | $139,172 | $2,127,947 | |
| 2 | $2,127,947 | $25,664 | $137,561 | $2,102,282 | |
| 3 | $2,102,282 | $27,383 | $135,842 | $2,074,899 | |
| 4 | $2,074,899 | $29,217 | $134,008 | $2,045,682 | |
| 5 | $2,045,682 | $31,174 | $132,051 | $2,014,508 | |
| 6 | $2,014,508 | $33,262 | $129,964 | $1,981,247 | |
| 7 | $1,981,247 | $35,489 | $127,736 | $1,945,758 | |
| 8 | $1,945,758 | $37,866 | $125,359 | $1,907,892 | |
| 9 | $1,907,892 | $40,402 | $122,823 | $1,867,490 | |
| 10 | $1,867,490 | $43,108 | $120,118 | $1,824,382 |
- Year 1$2,127,947
- Principal paid
- $24,053
- Interest paid
- $139,172
- Starting balance
- $2,152,000
- Year 2$2,102,282
- Principal paid
- $25,664
- Interest paid
- $137,561
- Starting balance
- $2,127,947
- Year 3$2,074,899
- Principal paid
- $27,383
- Interest paid
- $135,842
- Starting balance
- $2,102,282
- Year 4$2,045,682
- Principal paid
- $29,217
- Interest paid
- $134,008
- Starting balance
- $2,074,899
- Year 5$2,014,508
- Principal paid
- $31,174
- Interest paid
- $132,051
- Starting balance
- $2,045,682
- Year 6$1,981,247
- Principal paid
- $33,262
- Interest paid
- $129,964
- Starting balance
- $2,014,508
- Year 7$1,945,758
- Principal paid
- $35,489
- Interest paid
- $127,736
- Starting balance
- $1,981,247
- Year 8$1,907,892
- Principal paid
- $37,866
- Interest paid
- $125,359
- Starting balance
- $1,945,758
- Year 9$1,867,490
- Principal paid
- $40,402
- Interest paid
- $122,823
- Starting balance
- $1,907,892
- Year 10$1,824,382
- Principal paid
- $43,108
- Interest paid
- $120,118
- Starting balance
- $1,867,490
Nearby
Courtesy of Congress Realty, Inc. · (888) 881-4118
Listings courtesy of ACTRIS as distributed by MLS GRID.