$430,000
●
House -
Off Market
321 Lea LN
Wimberley, TX 78676
1 Bed
0 Bath,
1
Half Bath
400 Ft²
$2,676
Est. Monthly
About This Property
Centered in the heart of Wimberley, this rare 4-acre offering on
Lea Lane is a blank canvas ready for your vision. Lightly
restricted and thoughtfully improved, the property blends open land
with creative spaces that invite imagination.
An existing artist loft with outdoor shower offers a lightly untamed and free way to experience nights on the land. A circular yurt - provides flexible space for a studio, guest suite, or private office. Tucked among the trees, find a whimsical treehouse straight out of a fairytale, dual entrances and built-in bunks adds a touch of magic for the littles in your life. Whether you envision building a custom home, creating a multi-dwelling compound, or establishing a Hill Country space for short term rentals, this property offers the infrastructure and inspiration to begin. A rare opportunity to own acreage in the heart of Wimberley (with added tax perks of being in town but outside city limits) - just a short bike ride to Market Days, the Wimberley Square, and Wimberley High and Middle Schools - with room to build, gather, and create.
An existing artist loft with outdoor shower offers a lightly untamed and free way to experience nights on the land. A circular yurt - provides flexible space for a studio, guest suite, or private office. Tucked among the trees, find a whimsical treehouse straight out of a fairytale, dual entrances and built-in bunks adds a touch of magic for the littles in your life. Whether you envision building a custom home, creating a multi-dwelling compound, or establishing a Hill Country space for short term rentals, this property offers the infrastructure and inspiration to begin. A rare opportunity to own acreage in the heart of Wimberley (with added tax perks of being in town but outside city limits) - just a short bike ride to Market Days, the Wimberley Square, and Wimberley High and Middle Schools - with room to build, gather, and create.
Unit Size
400 Ft²
Days on Market
-
Land Size
4.12 acres
Price per sqft
$1,075
Property Type
House
Property Taxes
$565
HOA Dues
-
Year Built
2021
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (Unlock MLS #ACT9538084)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Price Decreased |
$430,000
↓ $45K
(9.5%) | |
| Price Decreased | |||
| Apr 18, 2026 | Price Decreased |
$475,000
↓ $24K
(4.8%) | |
| Price Decreased | |||
| Feb 25, 2026 | Listed by Compass RE Texas, LLC | $499,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hays
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Listed by: Nayeli King Cutler
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-08-22 04:10:00
Data Source: Unlock MLS, MLS# ACT9538084
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-08-22 04:10:00
Data Source: Unlock MLS, MLS# ACT9538084
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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