400 Madrone TRL, Wimberley TX 78676

Off Market

Nestled on a remote hilltop in Wimberley

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Ed's Opinion of Value

$881,746 Ed's Estimate: $1,353,051 $2,243,738

Lowest Comp Recommended List: $1,312,000 to $1,394,000 Highest Comp

After reviewing 7 recent transactions in 78676, I estimate this property's value at $1,353,051. A competitive list price for this home right now would fall in the $1,312,000 to $1,394,000 range. This pricing would rank the home as below the only comparable home currently on the market in 78676's current inventory. At 136 sqft larger than the typical comp, the size difference factors into the valuation. At 13 years older than typical comps, the 1998 build date influences the valuation. Current inventory shows 1 comparable homes in 78676; a buyer's market based on recent absorption. Prices in 78676 have risen 19.5% over the last 6 months. A similar home at 204 W BLANCO BEND DR, Wimberley TX 78676 carries an adjusted comparable value of $2,243,738, providing a strong data point. The comp data here (7 sales in 78676) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus

78676 Market Trends

$579,500 Median Sold Price ▲ 19.5% 6mo

$278/sqft Median $/SqFt ▲ 6.5% 6mo

111 days Avg Days on Market 25 days slower

191 homes Active Inventory 10.7 mo supply

95.3% Sale-to-List Ratio

107 Sales (6 months)

Recently Sold Comparables

$2,243,738 adjusted 204 W BLANCO BEND DR, Wimberley TX 78676 4bd / 4.0ba • 3,889 sqft • 1 mi Sold 1 months ago

$1,729,059 adjusted 1900 Backbone RDG, Wimberley TX 78666 4bd / 6.0ba • 4,289 sqft • 1.5 mi Sold 8 months ago

$1,383,338 adjusted 31 W VALLEY SPRINGS RD, Wimberley TX 78676 4bd / 5.0ba • 3,607 sqft • 4.1 mi Sold 2 months ago

$909,221 adjusted 10 Peace Pipe, Wimberley TX 78676 4bd / 4.0ba • 4,115 sqft • 4 mi Sold 2 months ago

$881,746 adjusted 30 Peace Pipe, Wimberley TX 78676 4bd / 4.0ba • 4,115 sqft • 3.9 mi Sold 6 months ago

Currently on Market

$1,900,000 220 Southriver ST, Wimberley TX 78676 5bd / 5.0ba • 3,963 sqft • 2.2 mi 19 days on market

5 Beds

5 Baths 4 Full, 1 Half

4,134 Sq Ft

12.66 Acres

1998 Built

3 Garage

About This Property

Seclusion, river frontage and panoramic views are all yours from 12.6+ acres with wildlife valuation. The primary home features a spacious living/dining area w/a floor-to-ceiling fireplace and windows looking out to breathtaking views. The kitchen is a chef’s dream with a Thermador range & vent hood, food-warming heat lamps, custom pot-rack and newly installed granite countertops. Access the back deck and hot tub from the roomy master suite w/reading nook, gorgeous granite countertops and walk-in shower. An upper level multi-purpose room makes for a wonderful 2nd living area, office or studio. Across the breezeway is a charming 1/1 guest home with its own private deck. Upstairs from it are 3 bedrooms and 2 baths that are accessed from exterior stairs or a pass-through room in the primary home. A 20,000-gallon rain-water collection system and geothermal heating/cooling system services the homes. Stairs lead down to the crystal-clear Blanco River with +/-349’ frontage. The back-property line tops a hill that is reached from a secondary road for even more spectacular views. Located just minutes from Wimberley’s historic square, this property is a rare find.

Features

Bookcases
Breakfast Bar
Built-in Features
Ceiling Fan(s)
Beamed Ceilings
Cathedral Ceiling(s)
High Ceilings
Central Vacuum
Double Vanity
Electric Dryer Hookup
Entrance Foyer
French Doors
High Speed Internet
In-Law Floorplan
Interior Steps
Multiple Dining Areas
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Storage
Walk-In Closet(s)
Washer Hookup
Wired for Sound
Corain Counters
Granite Counters

Location

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Schools

School District Wimberley ISD

Elementary Jacobs Well

Middle School Danforth

High School Wimberley

Property Details

Property Type Residential

Flooring Concrete, Tile, Vinyl, Wood

Cooling Central Air, Zoned, Other

Heating Central, Heat Pump, Zoned, See Remarks

Exterior Balcony, Exterior Steps, Garden, Gas Grill, Gutters Full, Lighting, Satellite Dish Leased

County Hays

MLS # 4644041

Garage 3 spaces

HOA & Community

HOA Fee $360 /Annually

HOA Includes See Remarks

Listing History

MLS# 4644041 5 days (366 CDOM)

Dec 16, 2020	Off Market
Dec 4, 2020	Pending
Nov 12, 2020	Listed	$1,700,000

MLS# 5943668 356 days

Aug 31, 2020	Off Market
Sep 11, 2019	Listed		$1,850,000

MLS# 9801789 361 days

Aug 31, 2020	Off Market
Sep 6, 2019	Listed		$1,850,000

Frequently Asked Questions About 400 Madrone TRL, Wimberley TX 78676

When was 400 Madrone TRL, Wimberley TX 78676 built?

400 Madrone TRL, Wimberley TX 78676 was built in 1998.

How much does 400 Madrone TRL, Wimberley TX 78676 cost?

400 Madrone TRL, Wimberley TX 78676 sold on December 16, 2020. Contact us for sale price details.

Similar Properties

$1,575,000 1194 Vaquero WAY, Wimberley TX 78676 4 bd | 5 ba

$1,699,000 811 Wade RD, New Braunfels TX 78132 4 bd | 5 ba

$1,900,000 220 Southriver ST, Wimberley TX 78676 5 bd | 5 ba

$1,950,000 3118 La Ventana PKWY, Driftwood TX 78619 5 bd | 5 ba

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