1400 Mt Olive School RD, Wimberley TX 78676

Wimberley, TX 78676 | None

Ed's Opinion of Value

$641,025 Ed's Estimate: $880,870 $1,750,000
Lowest Comp Recommended List: $588,000 to $598,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $880,870. To generate strong buyer interest while maximizing value, I'd price this between $588,000 and $598,000. Against 3 similar active listings in 78676, this price point lands at the most expensive of 3 comparable homes on the market. Being 456 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1981 construction puts this home 35 years older than the comp average, a factor in the pricing. The active market in 78676 includes 3 comparable homes priced from $649,900 to $1,750,000. The trend in 78676 shows prices have risen 23.3% in the past 6 months. 2 Basswood CIR, Wimberley TX 78676 nearby adjusts to $697,552; a strong comparable. 7 comparable transactions in 78676 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
5 Beds
4 Baths
3,384 Sq Ft
11.88 Acres
1981 Built

About This Property

UNRESTRICTED, HIGH on a Hilltop, 15 minutes from Wimberley area attractions, THE OVERLOOK, an 11.88 acre private ranch, income producing short term rental, has sweeping views of the Wimberley Valley and surrounding Texas Hill Country. Large updated farmhouse with wrap around porches, spacious bunk room with entertainment center. 5 bdrms, 4 baths. Pictures barely describe the old saltillo and plank floors, amazing stone work over kitchen range top, creative woodwork in ceilings and beams, enhanced with current owner's magic touch. Sunrise, sunsets, breezes with multiple entertaining areas, inside and outside. Enjoy the lap pool with a view by day and dark sky stars at night. Make your way through the private gate - up the winding drive to this completely fenced and cross fenced property for your seclusion. Outbuildings include storage, a workshop, art space and stable for animals. 7 - 2500 gallon water collection tanks. AG EXEMPT.

Location

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
County Hays
MLS # 7278625

Tax Information

Annual Taxes $6,209 (2022)

Listing History

MLS# 7278625 145 days
Sep 29, 2023 Off Market
Jun 16, 2023 Price Change $2,445,000
Mar 23, 2023 Listed $2,600,000

Frequently Asked Questions About 1400 Mt Olive School RD, Wimberley TX 78676

When was 1400 Mt Olive School RD, Wimberley TX 78676 built?

1400 Mt Olive School RD, Wimberley TX 78676 was built in 1981.

How much does 1400 Mt Olive School RD, Wimberley TX 78676 cost?

1400 Mt Olive School RD, Wimberley TX 78676 sold on September 29, 2023. Contact us for sale price details.

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