Description
Discover an outstanding income-producing investment opportunity just minutes from the heart of Bandera, Texasthe Cowboy Capital of the World. Located only 3 minutes from downtown and just outside the city limits, this well-positioned property offers the perfect combination of steady cash flow and significant value-add potential. The property currently features 10 long-term RV sites and 4 fully leased cabin rentals, with room to construct 2 additional cabins to further increase rental income. The existing tenant base provides reliable long-term occupancy, while the property’s layout offers multiple opportunities for expansion and increased returns. One of the biggest opportunities for a new owner is the utility setup. The current owner pays utilities, creating an immediate value-add opportunity by installing individual utility meters and passing utility expenses directly to tenants, substantially improving the property’s net operating income. Situated just minutes from Bandera’s vibrant Main Street, tenants enjoy convenient access to live music, restaurants, shopping, rodeos, the Medina River, and the year-round attractions that make Bandera a popular destination for residents and visitors alike. Whether you’re looking to expand your investment portfolio or capitalize on the growing demand for affordable long-term housing in the Texas Hill Country, this property offers strong existing income, expansion potential, and multiple avenues to increase profitability. Investment Highlights: 10 long-term RV sites 4 income-producing cabin rentals Room to build 2 additional cabins Excellent value-add opportunity through individual utility metering Located just outside Bandera city limits Only 3 minutes to historic downtown Bandera Strong long-term rental demand with significant upside potential Don’t miss the opportunity to own a cash-flowing Hill Country investment with built-in potential for increased income and long-term appreciation.
Details
| MLS # | 618485 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1997 |
| Days On Site | 56 |
| Listing Provided By | CW Realty Co | Cameron Whitehead |
Features
| SQ Feet | 2,307 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Acreage | 1.31 |
| Property View | None |
Parking
| Garage Yes / No | No |
|---|
Area Information
| State | TX |
|---|---|
| County | Bandera |
| City | Bandera |
| Zip Code | 78003 |
| Community Name | Wildwood |
| Listing VS Median (in Wildwood) | |
Price: $529,000 low | high Med: $714,000 sqft: 2,307 low | high Med: 2,671 $ / sqft: $229 low | high Med: $263 On site: 56 low | high Med: 84.5 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Bandera |
| City | Bandera |
| Zip Code | 78003 |
| Community Name | Wildwood |
| Listing VS Median (in Wildwood) | |
Price: $529,000 low | high Med: $714,000 sqft: 2,307 low | high Med: 2,671 $ / sqft: $229 low | high Med: $263 On site: 56 low | high Med: 84.5 | |
