400 Hillview RD
About This Property
Two exquisite homes on dramatic view acreage create an unparalleled resort-style compound overlooking Wimberley Valley. This remarkable 4.43-acre estate spans over 8,300 square feet with nine bedrooms and seven full baths, enhanced by recent upgrades including expanded composite decking and sophisticated exterior lighting. The main residence features expansive Hill Country views, pool, spa, media room with billiard area, and covered outdoor deck with fireplace. The guest residence offers four additional bedrooms with horizon views. Located minutes from Wimberley's charming art and music scene, this turnkey retreat presents versatile luxury living for discerning buyers seeking either a Hill Country sanctuary or sophisticated entertaining compound.
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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 21, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Price Decreased |
$1,600,000
↓ $1M
(41.8%) | |
| Price Decreased | |||
| Jul 19, 2025 | Listed by Compass RE Texas, LLC | $2,750,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jul 1, 2025 | Withdrawn | - | |
| Withdrawn | |||
| May 7, 2025 | Listed by Kuper Sotheby's Int'l Realty N | $2,750,000 | |
| Listed by Kuper Sotheby's Int'l Realty N | |||
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Wow Factor in Wimberley! Two exquisite homes on dramatic view acreage provides a resort-style living ideal for a Hill Country getaway or full-time residency. Mian house is 5 bedroom 4.5 baths w/ 6,197 sq ft; guest house is 4 bedrooms 3 bath in 2,180 sq ft. Enjoy family and friends just a stone's throw from the charming art and musician enclave of Wimberley. Austin, New Braunfels, & S.A. are all a convenient drive away. Recent upgrades include expansion of composite deck, exterior lighting & additional landscaping. Interior changes made to improve flow & function. Lush, natural, low-maintenance landscaping was designed to attract butterflies. Environmentally conscious rainwater collection system is oversized and easily services the entire property. Most furnishing and some artwork negotiable. Main Residence: 6,197 sq. ft. 5 Bedrooms, 4.5 Baths, 3-Car Garage, Expansive Hill Country views, Pool, Spa, Covered outdoor deck, Media Room w/Billiard area, Exercise Room, 1 Study, 1 Flex Room, Guest Apartment with Kitchenette and warm wood accents. Well appointed gourmet kitchen and elegant dining room is separated by butler's pantry. 5 bedrooms, 4.5 baths, includes a bedroom/living space that can be closed off to function as separate guest apartment accessed through the flex space, if desired or from a separate entrance. Outdoor fireplace and large-screen TV on the covered upstairs deck; bar space in main living area. Media room is adjacent to a billiard room on the lower level and provides direct access to the massive deck, bar area and sleek, natural sone-accented pool. Guest residence: 2,180 sq. ft. 4 Bedrooms, 3.5 Baths & Carport. The second home includes plenty of accommodations for guests. Kitchen, living, 2 spacious bedrooms and 1.5 baths downstairs. Two additional bedrooms & 2 full baths upstairs with 2 decks! Schedule your private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017