501 Rainbows End, Wimberley TX 78676

Wimberley, TX 78676 | Rainbows End

Ed's Opinion of Value

$366,511 Ed's Estimate: $520,549 $1,219,999
Lowest Comp Recommended List: $625,000 to $736,000 Highest Comp

Listing History

$599,000 List Price
$520,549 Comp Value
1 Price Reductions

This property was listed at $599,000 and expired after 103 days on market. The price was reduced from $657,000 to $599,000. This listing activity factors into the valuation.

7 recent sales in the surrounding area of this address suggest a current value of $520,549. My recommended list price range for this property would be $625,000 to $736,000. Among the similar homes currently available in RAINBOWS END, this price point stands out as competitive. Built in 1989, this home is 5 years older than the average comp, which is reflected in the adjustments. The 5.00 acre lot (larger than the 3.19 acre average) is reflected in the estimate. Based on 7 relevant data points in RAINBOWS END, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
3 Beds
1 Baths 1 Full
1,692 Sq Ft
5 Acres
1989 Built

About This Property

Nestled in a serene, quiet neighborhood and surrounded by numerous large trees, this property offers tranquility and privacy. With a deed restriction ensuring no division under 5 acres, there will be no future commercial or residential developments nearby. High, vaulted ceilings with decorative concrete and laminate flooring. Three bedrooms, 2 on main level with loft bedroom/flex space upstairs. Recent renovations including kitchen and bathroom, upgraded lighting and fixtures. Recently updated roof, including new decking, green insulation, and level 5 drywall throughout. Central air and ducting installed in 2022 with controlled split unit cooling/heating in loft upstairs. The dual gated horseshoe driveway and a third gate at the rear provide multiple entrances. Large, detached storage/barn and two outdoor entertaining spaces with fire pits. The fully fenced property ensures pets are safe, and there is ample space for gardening and chicken coops. Horses allowed. Low traffic area, conveniently located close to wineries, breweries, and quaint boutique eateries in a picturesque, charming downtown, it also boasts top-ranked schools and a golf course. Highly sought after area with many seasonal events and spring fed swimming holes with a short commute to Austin and Dripping Springs. Will consider all offers. Plenty of room to add your own finishing touches.

Features

  • High Ceilings
  • Vaulted Ceiling(s)
  • Pantry
  • Primary Bedroom on Main
  • Washer Hookup

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, Laminate, Tile
Cooling Central Air, Other
Heating Central
Exterior Balcony, Exterior Steps, Gutters Partial, Private Entrance
County Hays
MLS # 7388816

HOA & Community

HOA Fee $32 /Monthly
HOA Includes See Remarks

Tax Information

Annual Taxes $4,798 (2023)

Listing History

MLS# 7388816 - Updated Mar 27, 2026 103 days
Sep 1, 2024 Off Market
Jun 16, 2024 Price Change $599,000
May 21, 2024 Listed $657,000

Frequently Asked Questions About 501 Rainbows End, Wimberley TX 78676

When was 501 Rainbows End, Wimberley TX 78676 built?

501 Rainbows End, Wimberley TX 78676 was built in 1989.

How much does 501 Rainbows End, Wimberley TX 78676 cost?

501 Rainbows End, Wimberley TX 78676 is currently off market.

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