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10-Unit Apartment Complex with Laundromat
For Sale
Contact for pricing
Pending

1926 State Highway 16 N, Bandera, TX 78003

Five-building campus with varied apartment layouts, full kitchens and baths, plus shared laundry and storage facilities.

Property SizeContact for details
Days on Market143

Property Features for 1926 State Highway 16 N

General Information

Standard status Pending
Property subtype Industrial

Additional Details

Highway Access Yes
Multifamily Units 10

Amenities

laundromat
storage buildings

Building Details

Buildings 5
Listing Agency: Coldwell Banker D'Ann Harper Bandera
Listed By: Terry West · License #TX
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 5:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker D'Ann Harper Bandera

Investment Insights

Based on property information with market context.

This apartment property comprises a five-building campus with studio apartments and larger duplex and triplex configurations, totaling ten rentals. Interior features include open living and dining areas, laminate wood flooring, full kitchens, and full bathrooms. An on-site laundromat and separate storage buildings support resident convenience, while established tenants are already in place.

The property is located at 1926 State Highway 16 N in Bandera, with access along Highway 16 north of town. Its setting includes mature pecan trees and landscaped open areas surrounding the buildings. The location provides a connection toward Kerrville and San Antonio for commuters.

Key Highlights

  • Five‑building apartment campus with studio, duplex, and triplex rentals
  • Ten rentals in total with current tenants already in place
  • Open‑concept living and dining areas with laminate wood flooring

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

Demographics for 78003, TX

9,595
Population
5,194
Households
1.8
Avg Household Size
53
Median Age
24%
College-Educated
91%
High-School Grad
226.7 sq mi
ZIP Area
42
Density / Sq Mi
$54,500
Median Household Income
$35,179
Median Earnings
$1,096
Median Rent
$233,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-building campus with varied apartment layouts, full kitchens and baths, plus shared laundry and storage facilities.
Where is this apartment building located?
The property is located at 1926 State Highway 16 N Bandera, TX.
What are key features of this property?
This property features: Five‑building apartment campus with studio, duplex, and triplex rentals; Ten rentals in total with current tenants already in place; Open‑concept living and dining areas with laminate wood flooring
(210) 483-6250 Call to check price and availability
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