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House
·
for sale
USD 465,000
USD 201/sq.ft
263 Timber Lane
Bandera city
· 2,303 sq.ft · House
Bandera city · 2,303 sq.ft · House
Discover an outstanding income-producing investment opportunity just minutes from the heart of Bandera, Texas—the Cowboy Capital of the World. Located only 3 minutes from downtown and just outside the city limits, this well-positioned property offers the perfect combination of steady cash flow and significant value-add potential. The property currently features 10 long-term RV sites and 4 fully leased cabin rentals, with room to construct 2 additional cabins to further increase rental income. The existing tenant base provides reliable long-term occupancy, while the property’s layout offers multiple opportunities for expansion and increased returns. One of the biggest opportunities for a new owner is the utility setup. The current owner pays utilities, creating an immediate value-add opportunity by installing individual utility meters and passing utility expenses directly to tenants, substantially improving the property’s net operating income. Situated just minutes from Bandera’s vibran
Discover an outstanding income-producing investment opportunity just minutes from the heart of Bandera, Texas—the Cowboy Capital of the World. Located only 3 minutes from downtown and just outside the city limits, this well-positioned property offers the perfect combination of steady cash flow and significant value-add potential. The property currently features 10 long-term RV sites and 4 fully leased cabin rentals, with room to construct 2 additional cabins to further increase rental income. The existing tenant base provides reliable long-term occupancy, while the property’s layout offers multiple opportunities for expansion and increased returns. One of the biggest opportunities for a new owner is the utility setup. The current owner pays utilities, creating an immediate value-add opportunity by installing individual utility meters and passing utility expenses directly to tenants, substantially improving the property’s net operating income. Situated just minutes from Bandera’s vibran
USD 465,000