47 Peace Pipe
About This Property
Boasting 4 bedrooms and 4 full baths across a spacious 2,590 square feet and situated on a .383-acre lot, the residence offers a harmonious blend of indoor and outdoor living. Inside, you'll find a single expansive living area and a dining area, both complemented by the warmth of a living room fireplace that accommodates both gas and wood-burning options. The kitchen features elegant white cabinets and marbled quartz countertops, enhancing its modern appeal. The fourth bedroom could also be used as an office space. Morant hickory wood flooring runs throughout the home, adding a touch of rustic charm.
Exterior highlights include a front covered porch, a back covered patio, and a private yard, perfect for relaxation and entertaining.
This residence is conveniently located within the gated Wimberley Springs Community, just 7 minutes from Wimberley Square, 5 minutes from Double J Ranch Golf Club, and 5 minutes from Jacobs Well. Additionally, it is under 30 minutes to San Marcos, 20 minutes to Dripping Springs, and within an hour to Austin. This beautiful home combines modern luxury with practical design, making it a perfect home for both relaxation 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 |
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| May 21, 2026 | Withdrawn | - | |
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| Mar 12, 2026 | Listed by Compass RE Texas, LLC | $765,000 | |
| Listed by Compass RE Texas, LLC | |||
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Located in the gated section of Wimberley Springs, this newly constructed 4-bedroom, 4-bath home by River Hutchinson Homes offers a refined modern farmhouse design with thoughtful craftsmanship throughout. The open-concept layout connects the main living, kitchen, and dining areas, highlighted by warm hickory wood flooring and a fireplace with custom built-ins that create a comfortable focal point for the home.
The kitchen is designed for both everyday living and entertaining, featuring quartz countertops, stainless steel appliances, a large center island, and a walk-in pantry. The primary suite provides a bright and spacious retreat with a well-appointed ensuite bath including dual vanities, a soaking tub, separate walk-in shower, and a generous walk-in closet. Two additional bedrooms are located on the main level—one near a full bath off the entry and another with its own attached bath—offering flexibility for guests or a home office. Upstairs, a private fourth bedroom with an ensuite bath and walk-in closet offers additional separation ideal for visitors.
A covered back patio extends the living space outdoors, creating an inviting place to relax or entertain while enjoying the surrounding Hill Country setting. Positioned just minutes from Wimberley Square, local dining, shopping, and nearby natural attractions including Blue Hole Regional Park and Jacob’s Well, this home offers a balance of privacy, convenience, and classic Hill Country living.
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| Dec 1, 2025 | No longer available | - | |
| No longer available | |||
| Jul 10, 2025 | Listed by Compass RE Texas, LLC | $846,900 | |
| Listed by Compass RE Texas, LLC | |||
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Preferred Lender Incentive: Builder is offering a 2/1 Buydown when you use their preferred lender, Louis Balady of Town Square Mortgage. Rates are subject to change & buyer qualifying. Seller Credit for buydown is negotiable & must be written into the initial offer for consideration & approval. A modern farmhouse masterpiece by River Hutchinson Homes, nestled in the scenic beauty of Wimberley, this newly constructed 4 bed, 4 bath home showcases thoughtful, elevated design and timeless charm in one of the Hill Country's most beloved communities. Step inside to find warm Morant hickory wood floors that flow through an open-concept main living area. The inviting space features a stunning fireplace flanked by custom-built-ins. The chef-inspired kitchen boasts quartz countertops, stainless steel appliances, a center island, and a walk-in pantry. A bright and airy dining space offers a seamless flow for entertaining and daily meals. Retreat to the serene primary suite, filled with natural light and featuring a spa-like ensuite bath with a double vanity, soaking tub, walk-in shower, and walk-in closet. The home’s flexible layout includes a main-level bedroom just off the foyer with a full bath nearby, while another main floor bedroom with an attached full bath offers an ideal space for a home office or guest suite. Upstairs, a private fourth bedroom includes its own ensuite bath and walk-in closet, a perfect solution for multigenerational living or visiting guests. Step outside to enjoy an expansive covered patio, perfect for outdoor dining, lounging, or soaking in the peaceful Hill Country surroundings. Located minutes from Wimberley’s favorite spots like Sip! on the Square, Cypress Creek Coffee House, and Community Pizza & Beer Garden, this home offers the perfect mix of small-town charm and modern conveniences. Explore nearby natural treasures like Jacob’s Well and Blue Hole Regional Park, or spend weekends exploring the vibrant arts scene and local market days.
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| Apr 25, 2025 | Withdrawn | - | |
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017