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605 Lakeshore Ln, Bandera, TX 78003

Bandera
Local realty services provided by:CENTURY 21 Middleton
605 Lakeshore Ln,Bandera, TX 78003
$469,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: thomas martinez
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 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...

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Home facts

  • Year built:2017
  • Listing ID #:1941213
  • Added:129 day(s) ago
  • Updated:June 23, 2026 at 01:50 PM

Rooms and interior

  • Flooring:Laminate

Heating and cooling

  • Cooling:Window/Wall
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:2017
  • Lot area:2.82 Acres
  • Exterior Features:Common Utility Room, Covered Patio, Detached Quarters, Garage Apartment, Level, Mature Trees, Partially Wooded, Patio Slab, Water Front Improved, Workshop

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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