11 Rhapsody LN
About This Property
Inside, the 3-bedroom, 2-bath layout includes an additional office that provides valuable flexibility for working from home, hobbies, guests, or bonus space. High ceilings and an open floor plan connect the kitchen and living areas, while the masonry fireplace creates a natural gathering point. The kitchen features granite countertops, a breakfast bar, dishwasher, microwave, oven, and range.
An attached 2-car garage adds everyday convenience, while public water and sewer mean you can enjoy a Hill Country setting without relying on the private well and septic systems commonly associated with rural properties. The home sits on approximately 0.231 acres in Woodcreek and is served by Wimberley ISD.
If you've been searching for a single-story home in Wimberley with flexible living space, a private backyard, mature trees, and a swim spa, deserves a closer look. Schedule your private showing and experience the space for yourself.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$425,000
↓ $24K
(5.4%) | |
| Price Decreased | |||
| Aug 20, 2026 | Relisted | $449,000 | |
| Relisted | |||
| Jul 21, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Feb 24, 2026 | Listed by Realty One Group Prosper | $475,000 | |
| Listed by Realty One Group Prosper | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017