$150,000
↓ $25K (14.3%)
●
Land -
For Sale
623 Las Colinas DR
Wimberley, TX 78676
Studio
0 Bath
$861
Est. Monthly
$25
HOA / Fees
About This Property
You've been dreaming about the Hill Country, and now it's finally
here. Welcome home to Wimberley, Texas! It's an ideal community for
those seeking a slower pace of life in the heart of the Hill
Country. Defined by incredible natural beauty and a vibrant
downtown square filled with locally owned boutiques, restaurants,
and shops, Wimberley offers the perfect blend of charm and
lifestyle. Spend your days exploring natural swimming holes like
the famous Blue Hole Regional Park, relaxing along the Blanco River
or Cypress Creek, or enjoying nearby wineries like Wimberley Valley
Winery and Driftwood Estate Winery. Highly sought-after and known
for everything from sprawling ranches to modern Hill Country
bungalows, Wimberley continues to capture the hearts of those
looking for something special. Now, you have the opportunity to
build your dream home on a flat, easy-to-build lot in the
prestigious Wimberley Hills community. Light restrictions
-1500 SF minimum with no timeframe to build. Water Source:
Wimberley Water Supply, Electric: PEC, Septic and Propane needed.
PEC has approved plan for pole relocation. Just 40 miles south of
Austin and 60 miles north of San Antonio, this is your chance to
make your Hill Country dreams come true!
Unit Size
-
Days on Market
-
Land Size
1.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$99
HOA Dues
$25
Year Built
-
Listed By
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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 #ACT6768853)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2026 | Price Decreased |
$150,000
↓ $25K
(14.3%) | |
| Price Decreased | |||
| Jun 1, 2026 | Listed by Compass RE Texas, LLC | $175,000 | |
| Listed by Compass RE Texas, LLC | |||
| Sep 5, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 19, 2024 | Price Decreased |
$200,000
↓ $25K
(11.1%) | |
| Price Decreased | |||
| Jun 2, 2023 | Listed by Compass RE Texas, LLC | $225,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Incredible opportunity to build your Hill Country Dream home on a close in lot in Wimberley! Two adjacent lots are available 623 which is 1.33 acres and and 623 A which is 1.46 acres each priced at $250,000. Light building restrictions - 1500 SF minimum with no time frame to build. Power is at property through Pedernales Electric Cooperative, water source is Wimberley Water Supply, septic and propane are needed.
| |||
Property Highlights
Exterior Details
Property Condition: To Be Built
Waterfront Features: None
Other Structures: None
Lot Features: Interior Lot, Private, Wooded
Lot Size Area: 57934.8
Lot Size Units: Square Feet
Lot Size Acres: 1.33
Lot Size Square Feet: 57934.8
Water Source: Public
Financial Details
Tax Map Number: 23
Tax Assessed Value: $75,000
Tax Annual Amount: $1,192
Utilities Details
Sewer : Septic Needed
Location Details
HOA/Condo/Coop Fee Includes: See Remarks
HOA Fee: $300
HOA Fee Frequency: Annually
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 Wimberley
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Listed by: Courtney Oldham
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-08-19 04:05:13
Data Source: Unlock MLS, MLS# ACT6768853
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: 2026-08-19 04:05:13
Data Source: Unlock MLS, MLS# ACT6768853
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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