263 TIMBER LANE, BANDERA, TX 78003
Homes for sale in Bandera.
Homes for sale in 78003.
List Price$529,000
263 Timber Lane
Bandera, TX 78003
Listing #618485
2,307
Square Feet
House
Type
About This Property
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.
Property Features
Location Information
County
Bandera
Directions
Head toward Main St Turn left onto Main St Turn right onto TX-173 S/Sycamore St Continue to follow TX-173 S Turn left onto FM3240 Turn right onto Timber Ln
Subdivision
Wildwood
Interior Features
Interior
Ceiling Fan(s)
Floors
Laminate
Has Fireplace
No
Laundry
None
Fireplace Description
None
Disabled Features
Other, See Remarks
Heating
Other, See Remarks
Appliances
Electric Range, Refrigerator, Some Electric Appliances, Cooktop
Cooling
Central Air, 3+ Units, Wall/Window Unit(s)
Total Number of Units
0
Exterior Features
Stories
1
Fencing
None
Construction/Exterior
Other, See Remarks
Lot Size in Acres
1.31
Foundation
Slab
Water Body
None
Possession
Closing & Funding
Has Waterfront
No
Water / Sewer
Aerobic Septic
Has View
No
Has Garage
No
View
None
Garage Spaces
0
Is One Story
Yes
School
School District
Bandera ISD
Additional Information
Roof/Attic
Composition, Metal, Shingle
Property SubType 2
Residential
Other Utilities
Above Ground Utilities, Electricity Available, Trash Collection Public
Year Built
1997
Property Type
SFR
Status
Active
Property SubType
Mobile Home
Square Feet Source
Appraiser
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Mortgage Calculator
$2,469
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,906
Monthly Tax
$440
Monthly Insurance
$123
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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