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ActiveMLS #6249528

104 Scudder LN # 8, Wimberley TX 78676

Wimberley, TX 78676 · Cypress Creek Condo

Single Family Residence for sale in Cypress Creek Condo

1Bedrooms
1Bathrooms
5,075Square Ft
2.60Acres
0Garage
1992Year Built
1 / 40
$2,690,000

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

Rooms3 rooms

First level

  • Primary Bedroom

    See Remarks

  • Primary Bathroom

    See Remarks

  • Kitchen

    See Remarks

Price history

Members only
Days on market
$2,690,000
List price
0
Price reductions
Active
Since Mar 13, 2025
Property history1 event
DateEventPriceChange
Mar 13, 2025New Listing

Taxes

Tax data isn’t available for this property’s county yet.

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

List price $2,690,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of Congress Realty, Inc. · (888) 881-4118

Listings courtesy of ACTRIS as distributed by MLS GRID.