200 Rim RD
About This Property
Located within the Wimberley city limits, this residential subdivision offers exceptional privacy, serenity, and expansive Hill Country views while maintaining a true rural escape. The elevated building site with existing slab is set far back from the river and surrounded by more than 25 mature oak trees, creating a peaceful and secluded setting with a wide private rock beach below.
City water tap is in place, an existing septic system and drain field are installed, and soil tests have been completed. An elevated structure is required per FEMA floodplain regulations, and existing building plans are available. Owner financing may be considered for a qualified buyer. An Airstream on site is available for purchase separately.
Conveniently located just minutes from downtown Wimberley and approximately 17 miles from IH 35, offering easy access to both Austin and San Antonio. A truly one of a kind riverfront offering with unmatched setting, access, and long term potential.
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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 |
|---|---|---|---|
| Jul 26, 2026 | Price Decreased |
$599,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Jul 4, 2026 | Price Decreased |
$649,000
↓ $50K
(7.2%) | |
| Price Decreased | |||
| Feb 28, 2026 | Price Decreased |
$699,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Feb 3, 2026 | Listed by Compass RE Texas, LLC | $749,000 | |
| Listed by Compass RE Texas, LLC | |||
| Apr 8, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017