605 LAKESHORE LN, BANDERA, TX 78003

Homes for sale in Bandera.

Homes for sale in 78003.


605 Lakeshore Ln

Bandera, TX 78003

New

List Price$469,900

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

Listing #1941213

16

Number of Units

Multi-Unit Residential

Type

About This Property

Rare Cash Flowing Hill Country Investment Opportunity: Medina River RV Park and Camping. Secure a turnkey, cash-flowing property on the Medina River between San Antonio and Bandera. This meticulously maintained park features 16 full-hookup 20/30/50-amp RV sites, 2 tent sites, and a manufactured home, with ample space to add at least 5 more RV sites for immediate expansion. The property currently operates at a strong 9.37% cap rate with a projected 18.25% pro-forma upside achievable through simple operational modernizations like online bookings, rate optimization, and active marketing (no capital expenditure required as the infrastructure is already in place for growth). The park offers an incredible utility moat including dual water sources with both city water and a private well, 6 metered electrical poles, high-speed fiber internet, and 6 permitted conventional septic systems designed for high capacity. Guest-centric amenities include on-site laundry, shower and restroom facilities, a park office with storage, covered RV and boat storage, and exclusive riverfront park access. Strategically designed for remote management, the property boasts extra-wide sites, mature trees for natural privacy, fencing, concrete pads, covered pavilions, and a park-owned security system. Ideally located for a diverse mix of short-term vacationers and long-term residents, this park offers the perfect combination of buy-and-hold stability and massive value-add potential. Capitalize on the untapped revenue streams of this high-performing Hill Country property. Schedule your tour today!

Listing Courtesy of Thomas Martinez, Leverage Realty Consulting Group (210) 878-6683

Property Features

Location Information

County

Bandera

Subdivision

LAKE MEDINA SHORES

MLS Area

3100

Interior Features

Heating

Other

Unit 2 Features

Bedrooms: 0, FullBaths: 0, HalfBaths: 0

Heating Fuel

Electric

Unit 3 Features

Bedrooms: 0, FullBaths: 0, HalfBaths: 0

Cooling

Window/Wall

Unit 4 Features

Bedrooms: 0, FullBaths: 0, HalfBaths: 0

Floors

Laminate

Total Number of Units

16

Unit 1 Features

Bedrooms: 0, FullBaths: 0, HalfBaths: 0

Exterior Features

Exterior

Patio Slab, Covered Patio, Mature Trees, Detached Quarters, Common Utility Room, Workshop, Garage Apartment, Water Front Improved, Partially Wooded, Mature Trees (ext feat), Level, Improved Water Front, Lake Medina, Water Access

Water / Sewer

Septic, City

Siding

Other

Sewer Supplier

Septic

Builder

Multi

Water Supplier

Multi

Foundation

Other

Electric Supplier

BEC

Roof

Metal

Lot Size

2.82

School

School District

Bandera Isd

Jr. High School

Bandera

Elementary School

Alkek

High School

Bandera

Additional Information

Property Type

RI

Status

New

Year Built

2017

None

Gross Annual Income

67,575

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Mortgage Calculator

$2,193

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,693

Monthly Tax

$391

Monthly Insurance

$109

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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