650 Bluffview DR
About This Property
Designed to take full advantage of its stunning surroundings, the home features breathtaking river and hill country views from every room. Warm wood floors stretch throughout the thoughtfully updated interior. The main home features 3 bedrooms and 2.5 bathrooms, with a flowing layout that includes a bright living room and a welcoming dining area-all backdropped by nature's finest artwork through expansive windows.
A true standout is the private guest quarters, accessible by a separate entrance, complete with its own bedroom, full bath, kitchen, and living space-perfect for guests, extended stays, or creative use. Above the oversized 2.5-car garage, you'll find a fully finished man cave or studio with a full bathroom and wet bar, offering endless potential for work or play. With an abundance of storage-both inside the home and in a dedicated room beneath it-you'll have space for everything from paddleboards to picnic gear.
Step onto the expansive back porch and take in panoramic views that stretch across the rolling hills and river valley. Cool off in the shaded pool, or enjoy the peaceful River Mountain Ranch community park, where you can enjoy access to a scenic riverfront park.
The Wimberley Square is filled with locally owned boutiques, cozy cafes, art galleries, and more. Also just minutes from Blue Hole Regional Park. Visitors and locals alike enjoy strolling the walkable streets, dining creekside at favorites like Ino'z, and browsing unique shops.
This is truly more than a home-it's a lifestyle of serenity, natural beauty, and endless Texas skies.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$1,399,000
↓ $201K
(12.6%) | |
| Price Decreased | |||
| Jun 12, 2025 | Listed by Compass RE Texas, LLC | $1,599,888 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017