UPDATED:
Key Details
Property Type Mobile Home
Sub Type Mobile Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,307 sqft
Price per Sqft $229
Subdivision Wildwood
MLS Listing ID 618485
Construction Status Resale
HOA Y/N No
Year Built 1997
Lot Size 1.310 Acres
Acres 1.31
Property Sub-Type Mobile Home
Property Description
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.
Location
State TX
County Bandera
Interior
Interior Features Ceiling Fan(s)
Heating Other, See Remarks
Cooling Central Air, 3+ Units, Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Electric Range, Refrigerator, Some Electric Appliances, Cooktop
Laundry None
Exterior
Carport Spaces 3
Fence None
Pool None
Utilities Available Above Ground Utilities, Electricity Available, Trash Collection Public
View Y/N No
View None
Roof Type Composition,Metal,Shingle
Accessibility Other, See Remarks
Building
Story 1
Entry Level One
Foundation Slab
Sewer Aerobic Septic
Level or Stories One
Construction Status Resale
Schools
School District Bandera Isd
Others
Tax ID 159611
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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