263 TIMBER LANE, BANDERA, TX 78003

Homes for sale in Bandera.

Homes for sale in 78003.


Active

List Price$529,000

263 Timber Lane

Bandera, TX 78003

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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

Similar Listings

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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