For Sale
$800,000

1501 Tbd Pr Bandera, TX 78003

Eight-unit income property, 2 acres.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents eight condo units nestled within the secure Holiday Villages gated community in Bandera, Texas. The property comprises two buildings, each situated on its own lot, totaling two acres of land. Importantly, these lots have been legally partitioned from the subdivision, eliminating any homeowner's association (HOA) restrictions. Four of the units have undergone recent, complete renovations. Currently, all eight units are generating rental income at $1250 per month each, with all utilities included. This turnkey operation presents a compelling prospect for a variety of investors. The property's location in Bandera, TX, offers a desirable setting, making it ideal for a retired couple seeking hands-on management or for an investor looking to capitalize on the strong short-term rental market via platforms such as Airbnb. The asking price for this unique industrial and commercial property is $800,000. The property is zoned for commercial and industrial use, offering flexibility for future development or expansion. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly sought-after location. The absence of HOA fees further enhances the investment potential. Contact us today to schedule a viewing.

Highlights

  • Asking price: $800,000
  • Industrial land with warehouse potential in Bandera, TX.
  • Located at TBD PR 1501, Bandera, TX 78003.
  • Eight condo units within a gated community.
  • Four units recently remodeled; two buildings on separate 2-acre lots, free from HOA restrictions.
  • Current rental income: $1250/month per unit, all utilities paid.

Property Details for 1501 Tbd Pr

Property type
Warehouses, Land

Location Insight

City
Bandera
County
Medina
State
Texas
Latitude
29.6175052
Longitude
-98.9925009

FAQs

What type of property is this?
Warehouse - Eight-unit income property, 2 acres.
Where is the warehouse located?
The property is located at 1501 Tbd Pr Bandera, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Asking price: $800,000; Industrial land with warehouse potential in Bandera, TX.; Located at TBD PR 1501, Bandera, TX 78003.
How can I contact the broker?
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1501 Tbd Pr
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