605 Lakeshore Ln, Bandera, TX 78003
605 Lakeshore Ln, Bandera, TX 78003
605 Lakeshore Ln, Bandera, TX 78003
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$469,900
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2.82 Acres Lot
Active

605 Lakeshore Ln Bandera, TX 78003

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Evan Rayborn

Evan Rayborn

+1(210) 878-5090

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Subdivision Lake Medina Shores

MLS Listing ID 1941213

Style One Story

Year Built 2017

Annual Tax Amount $2,909

Lot Size 2.820 Acres

Property Sub-Type Multi-Family (2-8 Units)

Property Description

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 and 2 tent sites, with ample space to add at least 6 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 adjustments like online bookings, rate optimization, and accepting short-term guests (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!

Location

State TX

County Bandera

Area 3100

Interior

Heating Other

Cooling Window/Wall

Flooring Laminate

Exterior

Exterior Feature Other

Garage Spaces 24.0

Roof Type Metal

Building

Foundation Other

Sewer Septic, City

Water City

Schools

Elementary Schools Alkek

Middle Schools Bandera

High Schools Bandera

School District Bandera Isd

Others

Acceptable Financing Conventional, Cash, Investors OK, Other

Listing Terms Conventional, Cash, Investors OK, Other

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Thomas Martinez • Leverage Realty Consulting Group • (210) 878-6683

NEARBY SCHOOL & BUSINESS

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605 Lakeshore Ln

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