263 Timber Lane, Bandera, TX 78003

$529,000
2,307
SqFt

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List Price
$529,000
MLS#
618485
Status
ACTIVE
County
Bandera
City
Bandera
Subdivision
Wildwood
Living Area
2,307
Acres
1.31
Property Subtype
Mobile Home

Property Description

Discover an outstanding income-producing investment opportunity just minutes from the heart of Bandera, Texas—the 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.

Additional Information

Days on Market
28
Year Built
1997
Stories
1
Interior Features
Ceiling Fan(s)
Cooling
Central Air, 3+ Units, Wall/Window Unit(s)
Heating
Other, See Remarks
Roof
Composition, Metal, Shingle
Pool Description
None
School District
Bandera ISD

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Calculator source: Real Geeks

Listing courtesy of CW Realty Co.