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$469,900

Est. payment - /mo

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2.82 Acres Lot

Active

605 Lakeshore Ln Bandera, TX 78003

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Evan Rayborn

evan.rayborn@gmail.com +1(210) 878-5090

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Improved Prop

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1941279

Construction Status Wood,Metal,Other

Year Built 2017

Annual Tax Amount $2,909

Lot Size 2.820 Acres

Property Sub-Type Commercial Improved Prop

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

Zoning UNRESTRICTED

Exterior

Garage Spaces 60.0

Utilities Available Electricity, Water, Septic, Other

Amenities Available Exterior Lighting, Security System, High Speed INternet, Fenced Storage Yard, Inside Storage, Outside Storage, Living Area, Public Restroom, Security Fence, Security Lighting

Roof Type Metal

Building

Construction Status Wood,Metal,Other

Schools

School District Bandera Isd

Others

Acceptable Financing Sale Only, Cash, Conventional, Other

Listing Terms Sale Only, Cash, Conventional, 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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CONTACT US

+1(210) 878-5090

evan.rayborn@gmail.com

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