1866 S Rainbow Ranch RD, Wimberley TX 78676

Wimberley, TX 78676 | Rainbow Ranch

Ed's Opinion of Value

$412,482 Ed's Estimate: $705,787 $843,773
Lowest Comp Recommended List: $603,000 to $613,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $705,787. To generate strong buyer interest while maximizing value, I'd price this between $603,000 and $613,000. In the current RAINBOW RANCH market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (394 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2000 construction puts this home 6 years newer than the comp average, a factor in the pricing. Buyers in RAINBOW RANCH have 5 comparable options right now, with asking prices between $495,000 and $899,000. The trend in 78676 shows prices have fallen 10.6% in the past 6 months. 700 S Rainbow Ranch RD, Wimberley TX 78676 nearby adjusts to $789,287; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
5 Beds
3 Baths 3 Full
1,632 Sq Ft
5.62 Acres
2000 Built
4 Garage

About This Property

5.62 acres tucked among the trees in Rainbow Ranch; this property features two separate buildings: a 1,632 SF owner's house and a garage/shop leading to a newly completed above guest suite. The guest suite is 864 SF with 2 fully appointed bedrooms, full bath with walk in shower, living space, kitchen + new appliances, and laundry hookups. Meticulously maintained, the main house features a spacious floorplan, tons of natural light, and views of the wooded acreage from every room. A separate dining room that leads to the kitchen and dining nook just off the living area. The kitchen provides plenty of cabinet space and lightly used appliances. Three sizeable bedrooms with generous closets and two full bathrooms. The primary bath has 2 separate vanities, a jetted soaking tub, and a walk-in shower. Out back, enjoy a large wrap around covered patio with fans that's perfect for relaxing or family gatherings. The acreage is filled with oaks and plenty of privacy. The chandelier in dining room does not convey. A short distance to popular Wimberley Town Square, Jacob's Well, Blue Hole, and all the charm Wimberley has to offer. This property is a must see!

Features

  • 2 Primary Baths
  • Breakfast Bar
  • Ceiling Fan(s)
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • High Speed Internet
  • Kitchen Island
  • Low Flow Plumbing Fixtures
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Thermostat
  • Soaking Tub
  • Walk-In Closet(s)

Location

Schools

School District Wimberley ISD
Elementary Jacobs Well
Middle School Danforth
High School Wimberley

Property Details

Property Type Residential
Flooring Concrete, Laminate
Cooling Ceiling Fan(s), Central Air, Electric, Heat Pump
Heating Central
Exterior Exterior Steps, Gas Grill, Gutters Full, Lighting, Private Yard
County Hays
MLS # 1097567
Garage 4 spaces

HOA & Community

HOA Fee $363 /Annually
HOA Includes Common Area Maintenance, Maintenance Structure

Tax Information

Annual Taxes (MLS) $6,294 (2021)

Listing History

MLS# 1097567 293 days (292 CDOM)
Aug 1, 2023 Off Market
May 19, 2023 Price Change $739,900
Jul 29, 2022 Listed $850,000

Frequently Asked Questions About 1866 S Rainbow Ranch RD, Wimberley TX 78676

When was 1866 S Rainbow Ranch RD, Wimberley TX 78676 built?

1866 S Rainbow Ranch RD, Wimberley TX 78676 was built in 2000.

How much does 1866 S Rainbow Ranch RD, Wimberley TX 78676 cost?

1866 S Rainbow Ranch RD, Wimberley TX 78676 sold on August 1, 2023. Contact us for sale price details.

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