2800 River RD
About This Property
This 3-bedroom main home, along with a 2-bedroom guest cottage, is just a quick golf cart ride into Wimberley Square. Fully fenced and lined with mature trees, the property offers privacy from neighbors while still feeling open and inviting.
With both shallow and deep Blanco River frontage, there's something for everyone-whether it's little ones splashing along the banks, rope swings hanging from the trees, or afternoons spent kayaking and fishing.
Thoughtfully improved, the home features an updated kitchen with GE Cafe appliances that convey and a reimagined interior for a turnkey stay. The guest cottage has been expanded to include a second bedroom, along with a deck and hot tub for added comfort.
Multiple outdoor living spaces make entertaining effortless-from the extended front porch, into the open-concept living and dining area, through the beautifully tiled screened-in porch, and out to an exterior patio complete with a built-in kitchen, decks, and a turfed yard perfect for cornhole.
A private yard off the primary suite offers a quiet escape, while a whimsical wooden bridge crosses a ravine to another corner of the property-where kids can let their imaginations wander and find adventure.
The property spans both sides of River Road down to the Blanco, with both portions fully fenced-keeping little ones safe and giving you peace of mind.
Located in a highly regarded school district for those seeking a full-time homestead-and equally appealing as a weekend escape-this is a place where Fridays come a little faster, weekends stretch a little longer, and leaving is always the hardest part.
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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 |
|---|---|---|---|
| Sep 26, 2026 | Price Decreased |
$1,285,000
↓ $105K
(7.6%) | |
| Price Decreased | |||
| Jul 3, 2026 | Price Decreased |
$1,390,000
↓ $10K
(0.7%) | |
| Price Decreased | |||
| May 2, 2026 | Price Decreased |
$1,400,000
↓ $170K
(10.8%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by Compass RE Texas, LLC | $1,570,000 | |
| Listed by Compass RE Texas, LLC | |||
| Nov 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017