Rare investment opportunity! This income-producing property features four duplexes situated on approximately 5 acres, offering both immediate cash flow and significant future upside. With roughly 2 additional acres ready for development, investors have the potential to expand and add more units. Infrastructure is already in place with water and electricity available to support future construction, helping reduce development costs and timelines. Located just 7 minutes from downtown Bandera, this property offers the perfect balance of convenience and country living. Situated outside the city limits, owners can enjoy fewer restrictions and the potential benefits of lower property taxes while remaining close to shopping, dining, schools, and entertainment. The property offers a unique combination of current rental income and long-term growth potential, making it ideal for investors, developers, or those seeking to build a larger multifamily portfolio. Whether you're looking for consistent cash flow today or expansion opportunities tomorrow, this property delivers exceptional value and flexibility.
- Price
- $1,498,000
- Beds / baths
- - / -
- Living area
- 5,968 sq ft
- Property type
- Single-family
- Year built
- -
- Lot
- 5.0
- Subdivision
- MASON CREEK ESTATES
- School district
- Bandera ISD
- County
- Bandera
- Status
- Active
- MLS #
- 1991102
- Est. payment
- $11,326/mo (10% down, 6.25%, taxes & insurance)
Listing data comes from our MLS feed and is refreshed weekly. Measurements and school assignments should be verified independently.
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