
$950,000
House2525 Rainbow Ranch, Wimberley, TX
Listings presented by Erik Applegate, REALTOR®Rudder Realty
120 Cedar Bend Road Rd, Wimberley, TX 78676
Why Koti picked this home
This expansive 10-bedroom property in Wimberley features a private yard and RV hookup, perfect for investors or multi-family living.
Charming Income-Producing Compound - Ideal for Investors or Owner-Occupants Property highlights include: • 4.1 Private Acres with 6+Rental Units including the Owner-Occupied Main House • Main home includes 3 bedroom/3.5 baths +- 2500 sq.ft with attached sunroom • Additionally, the Main Home offers two decks, a covered pavilion that backs to a wet weather creek and features a panoramic hill country view. • +-1 Acre of undeveloped land for expansion, where additional units could be added • 2 separate gated entries • Beautiful old, hand-stacked stone rock walls surrounding the perimeter of +- 3 acres • Two water wells • Blanco River Access for property owners (a 28-acre member only gated river park) • Full RV Hookups and Private Parking Area • Storage Buildings/Sheds • Plenty of individual parking areas • Community fenced garden area • Plenty of room to add a community pool and/or private pool • High-speed fiber internet available to all sites • Located on a quiet, cul-de-sac street Discover this delightful income-generating family compound, perfect for both investors and owner-occupants. The property boasts a total of six rented single-family dwellings and one rented RV space; each home site features private parking, inviting outdoor living spaces, individual patio or decks and several units have fenced yards ensuring tenant satisfaction year-round. Many of the units have been recently constructed or have undergone extensive updates/remodels and have been meticulously maintained to enhance the appeal of this family compound and/or income-producing property. The current income, including potential rent from the owner-occupied main residence and the other five structures plus RV Site, is approximately $8,500 monthly. Significant increase in potential revenue if used as short-term rentals. Please note that the square footage of the buildings is approximated and combined for all units.

IDX data provided by Unlock MLS, distributed via MLS GRID.Listing courtesy of Stacy Bass, Compass RE Texas, LLC.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of Aug 25, 2026, 4:22 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing agent (MLS attribution)
Stacy Bass
Compass RE Texas, LLC
$922,500
House625B LAS COLINAS, Wimberley, TX
Listed— $999,000
Dec 12, 2025
Price reduced— $949,900
Previously $999,000
Oct 12, 2026 (approximate)
Price reduced— $899,000
Previously $949,900
Jul 6, 2026
Price history reflects changes Koti has observed through its MLS data feed and may not capture every change to this listing. Dates marked "approximate" reflect when Koti first recorded the value, not necessarily when the change actually occurred.