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289 Chaparral Dr, Bandera, TX 78003

Bandera
Local realty services provided by:CENTURY 21 Middleton
289 Chaparral Dr,Bandera, TX 78003
$179,900
  • - Beds
  • - Baths
  • 1,344 sq. ft.
  • Multi-family
  • Active
Listed by: michael godinez
Office: exp realty
MLS#:2027888
Source:LERA

Price summary

  • Price:$179,900
  • Price per sq. ft.:$133.85
  • Monthly HOA dues:$12.5

About this home

Fully leased and cash-flowing from day one! This duplex-style investment at 289 Chaparral sits in the gated Enchanted River Estates, just minutes from the heart of Bandera and tucked between the Medina River and a nearby creek. Each unit offers 2 bedrooms and 1 bath, for 1,344 total square feet. Both sides are currently leased at $1,000/month, for $2,000 in monthly rent ($24,000 annually), plus a flat-rate water reimbursement from each tenant. Inside, you'll find high ceilings and attractive laminate flooring. Outside, a durable metal roof keeps long-term maintenance low. Tenants pay their own electric, internet, and trash, which keeps ownership simple. It's a turnkey addition to any portfolio, and owner-occupants can plan to move into one side down the road and let the other help pay the mortgage. All of this comes in a scenic, gated community close to Bandera's shops, dining, and river access.

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Home facts

  • Year built:2018
  • Subdivision & Development:ENCHANTED RIVER ESTATES
  • Listing ID #:2027888
  • Added:1 day(s) ago
  • Updated:November 03, 2026 at 09:12 PM

Rooms and interior

  • Flooring:Laminate
  • Living area:1,344 sq. ft.

Heating and cooling

  • Cooling:Two Central
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:2018
  • Building area:1,344 sq. ft.
  • Lot area:0.24 Acres
  • Construction Materials:Cement Fiber, Siding
  • Exterior Features:Controlled Access, Mature Trees

Schools

  • High school:Bandera
  • Middle school:Bandera
  • Elementary school:Alkek

Utilities

  • Water:Co-op Water
  • Sewer:Septic

Finances and disclosures

  • Price:$179,900
  • Price per sq. ft.:$133.85
  • Tax amount:$2,751
MLS LogoIDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by LERA MLS (Local Expertise Regional Access).  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

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