131 Belle DR
About This Property
A welcoming wraparound front porch and screened side porch create inviting outdoor living spaces, while inside, the open concept floor plan features hardwood flooring and a recently updated kitchen with granite countertops, ample cabinetry, and seamless flow into the living and dining areas. Two spacious guest bedrooms and a full bath are located on the main level.
The upstairs primary suite serves as a private sanctuary, complete with a walk in closet and covered balcony overlooking the backyard and capturing beautiful Hill Country views.
Paradise Hills residents enjoy exclusive access to a gated Blanco River park featuring expansive green space, towering cypress trees, and pristine river frontage perfect for swimming, floating, fishing, or simply relaxing beneath the shade of towering cypress trees. Whether you're seeking a full time residence, weekend getaway, or investment opportunity, this unique property offers the best of the Wimberley lifestyle just minutes from downtown dining, shopping, and entertainment.
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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 |
|---|---|---|---|
| Aug 30, 2026 | Price Decreased |
$419,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jul 24, 2026 | Price Decreased |
$429,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jun 20, 2026 | Listed by Compass RE Texas, LLC | $439,000 | |
| Listed by Compass RE Texas, LLC | |||
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About Wimberley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017