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    161 Water St Pipe Creek, TX 78063

    For Sale
    $189,000

    MULTI_FAMILY - Pipe Creek, TX

    Property size:
    2,100 SF
    Lot size:
    0.10 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 161 Water St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    2,100 SF
    Lot size
    0.10 Acres

    Building Details

    Year built
    1988

    Real Broker, LLC (214) 202-7615 [email protected]

    Listing agent Analisa Gutierrez (855) 450-0442

    Listing date Oct 17, 2025

    Copyright © 2025 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Unit Home Near Medina Lake

    This multi-unit property is located near Medina Lake. It features two distinct units. The first unit is a single-story home with 3 bedrooms and 2 bathrooms. The living areas feature wood flooring, and the bedrooms have carpeting. The property is located in Pipe Creek, Texas, in Bandera County. The lot size is 0.1 acres, and the property size is 2100 square feet.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Bed & Breakfast Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pipe Creek
    County
    Bandera
    State
    Texas
    Longitude
    -98.966295
    Latitude
    29.638301

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    • Contact for pricing
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    FAQs

    What type of property is this?
    Duplex - Charming multi-unit home near Medina Lake with unique features.
    Where is this duplex located?
    The property is located at 161 Water St Pipe Creek, TX.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: - Multi-unit home near Medina Lake.; - Unit 1: Single-story 3-bedroom, 2-bathroom home.; - Unit 1: Features wood flooring in living areas and plush carpeting in bedrooms.
    (855) 450-0442
    Request Owner's contact information
    161 Water St Pipe Creek, TX 78063
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    Pipe Creek, TX 78063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    161 Water St Pipe Creek, TX 78063
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