625B LAS COLINAS DR
About This Property
This 4-bedroom home sits on a large, private lot in one of Wimberley's most desirable settings - just minutes from the shops, restaurants, and small-town charm of Wimberley Square, and zoned to the highly regarded Wimberley ISD, home of the Wimberley Texans. It's the kind of location that delivers both privacy and connection to everything that makes this town special.
The main-level layout pairs a spacious primary suite with a dedicated office or guest suite, giving you the flexibility today's buyers actually need: room to work from home, host family, or simply spread out.
Inside, soaring ceilings and a dramatic stone fireplace set the tone for an open-concept living space filled with natural light. Expansive windows frame peaceful views throughout, while the chef's kitchen - complete with an oversized island and custom cabinetry - makes the space as functional as it is beautiful.
Then there's the backyard. A resort-style pool and spa, generous outdoor living space, and mature landscaping create a level of privacy that's genuinely rare this close to town. It's the kind of outdoor space that makes staying home feel like the better plan.
Impeccably maintained and thoughtfully upgraded throughout, this home offers what so many buyers are searching for and rarely find: privacy, function, and effortless indoor-outdoor living - all within walking distance of Wimberley's award-winning schools and its iconic Square.
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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 |
|---|---|---|---|
| Oct 30, 2026 | Price Decreased |
$922,500
↓ $38K
(3.9%) | |
| Price Decreased | |||
| Oct 8, 2026 | Price Decreased |
$960,000
↓ $25K
(2.5%) | |
| Price Decreased | |||
| Sep 7, 2026 | Price Decreased |
$985,000
↓ $15K
(1.5%) | |
| Price Decreased | |||
| Aug 13, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Aug 12, 2026 | Listed by Compass RE Texas, LLC | $999,500 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017