182 Joiner Dr, Bandera, TX 78003

$1,498,000
5,968
SqFt

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List Price
$1,498,000
MLS#
1991102
Status
ACTIVE
Number of Units
8
County
Bandera
City
Bandera
Subdivision
Mason Creek Estates
Living Area
5,968
Acres
5

Property Description

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.

Additional Information

Days on Market
45
Year Built
1999
Builder Name
Unknown
Cooling
Multi-Unit Central, Three+ Central
Heating
Central
Exterior Features
Patio Slab, Covered Patio, Mature Trees, Partially Wooded, Level
Exterior
Siding
Roof
Composition
Floor
Ceramic Tile, Vinyl
School District
Bandera Isd
Elementary School
Alkek
Middle School
Bandera
High School
Bandera

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Charles Acosta (acosta.charles@icloud.com) from Listing Office: RE/MAX Preferred, REALTORS.

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