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605 Lakeshore Ln, Bandera, TX 78003

Local realty services provided by:CENTURY 21 North East
605 Lakeshore Ln,Bandera, TX 78003
$469,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: thomas martinez(210) 878-6683, Thomas@HireLeverageGroup.com
Office: leverage realty consulting group
MLS#:1941213
Source:LERA

Price summary

  • Price:$469,900
  • Monthly HOA dues:$10

About this home

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, 2 tent sites, and a manufactured home, with ample space to add at least 5 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 modernizations like online bookings, rate optimization, and active marketing (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,

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Home facts

  • Year built:2017
  • Listing ID #:1941213
  • Added:1 day(s) ago
  • Updated:February 14, 2026 at 05:27 AM

Heating and cooling

  • Cooling:Window/Wall
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:2017
  • Lot area:2.82 Acres

Schools

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

Utilities

  • Water:City
  • Sewer:City, Septic

Finances and disclosures

  • Price:$469,900
  • Tax amount:$2,909
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