605 LAKESHORE LN, BANDERA, TX 78003
Homes for sale in Bandera.
Homes for sale in 78003.
605 Lakeshore Ln
Bandera, TX 78003
List Price$469,900
Listing #1941279
Commercial
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 CapEx 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
MLS Area
3100
Interior Features
Amenities
Exterior Lighting, Security System, High Speed INternet, Fenced Storage Yard, Inside Storage, Outside Storage, Living Area, Public Restroom, Security Fence, Security Lighting
Accessibility
Grab Bars in Bathroom(s), Level Lot, Level Drive, Fir
Exterior Features
Construction
Wood, Metal, Other
Electric Supplier
BEC
Roof
Metal
Utilities
Electricity, Water, Septic, Other
Sewer Supplier
Septic
Zoning
UNRESTRICTED
Water Supplier
City & Well
Loading Facilities
Grade Level
School
School District
Bandera Isd
Additional Information
Property Type
COM
Status
New
Property SubType
RV Park
Documents Available
Survey, Pro Forma, Aerial Photo, Rent Roll, Floor Plan, Other
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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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