tomo logo

$2,400,000

Beds
3
Baths
4.0
sq ft
3,755

330 Mill Race Ln, Wimberley, TX 78676

330 Mill Race Ln

Wimberley, TX 78676

  • 394 days on market
    • Price drop $100,000↓
Rare Opportunity * Family Retreat * 120+ ft. of Cypress Creek * .5 mile to Wimberley Square * Across from Blue Hole Preserve * Income Generating * Nestled amidst the captivating beauty of the Hill Country, Abundance Retreat offers an idyllic escape that blends rustic charm with modern comfort. The large main lodge, Sundance, boasts 3 bedrooms & 2.5 baths, ensuring ample space for relaxation & privacy. An expansive great room accented by a vaulted 28-foot ceiling with cedar beams enhances the elegant, enjoyable atmosphere. The guest house, Moondance, is a combined living and sleeping area for a cozy night's rest. An alluring private bath and dry sauna beckon you to relax and unwind after a day spent in nature. Property is income-producing, zoned commercial & includes a transferrable CUP STR license. Visitors will love the walking proximity to Downtown Wimberley’s idyllic shops, antique stores & eateries. Buyers to confirm schools-Blue Hole, Danforth and Wimberley.

Details

Property type

Single Family Residence

Est. home value

$2,939,436

Lot size

1.377 acres

Price per sq ft

$640

Year built

1974

Annual property taxes

$12,933

Price History

04/06/2024
NTREIS

NTREIS #20412027

Listed
$2,400,000
03/29/2024
NTREIS

NTREIS #20412027

Pending
$2,400,000
02/22/2024
NTREIS

NTREIS #20412027

Price change
$2,400,000
-4%

Schools & Community

Elementary school: 

Scudder

Middle school: 

Unknown

High school: 

Wimberley

School district: 

Wimberley ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,985,471
Asking price
$2,400,000
Closing costs (~8% of asking)
-$192,000
Est. remaining loan balance
-$222,529
Cash to seller
$1,985,471

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Secure Mortgage Co

Loan start date

April 2009

Original loan amount

$333,450

Est. remaining balance

$222,529

Interest rate

5.04%

Loan type

Not Provided, 30 year

Seller

Shellye C Arnold

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/17/2024 at 10:35 PM

Listing updated: 04/06/2024 at 4:53 PM

Listed by: Kristie Bryant, Keller Williams Realty Phone #: (512) 448-4111

MLS: NTREIS #20412027

NTREIS logo

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