Metal Workshop Building with RV
390 Private Road 1507 Bandera, TX 78003
390 Private Road 1507, Bandera, TX, 78003
$159,900
For Sale
$159,900
Metal building includes roll-up doors, spray foam insulation, mini-split HVAC, and a large covered RV structure with utility hookups.
Property Size850 SF
Lot Size0.28 Acres
Price / SF$188.12
Days on Market76
Property Features for 390 Private Road 1507
General Information
- Standard status
- Active
- Size
- 850 SF
- Lot size
- 0.28 Acres
- Property subtype
- Land
Listing agency
Emmons Real Estate
(210) 861-0654
Listed by
Thad Emmons
(210) 861-0654
Source
Exprealty
Added: May 8 Updated: Jul 22 at 3:05PM Checked: Jul 22 at 3:05PM
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 Emmons Real Estate
Investment Insights
Based on property information with market context.
This property features an 850 sq. ft. metal building designed for flexibility, with two commercial-style roll-up doors and a large covered awning. The interior includes framed bedroom space, existing PEX plumbing, and washer/dryer connections, along with full electrification and both 110V and 30 amp/50 amp service already installed. The building has been professionally spray foam insulated with approximately 2.5 inches of foam, and two mini-split HVAC systems totaling 3 tons provide climate control.
The exterior includes a massive 20x45 RV cover with 50/30/20 amp hookups, plus water and sewer connections already in place. The property is located in Holiday Villages of Medina and offers access to community amenities including controlled-access entry gates, swimming pool and hot tub, clubhouse, playground, volleyball court, BBQ and picnic areas, and recreational water access with a fishing pier and boat ramp access (noted as very low level currently).
The existing improvements are positioned for a range of uses, and the interior is not yet finished, allowing a buyer to complete the space to suit their plans.
The exterior includes a massive 20x45 RV cover with 50/30/20 amp hookups, plus water and sewer connections already in place. The property is located in Holiday Villages of Medina and offers access to community amenities including controlled-access entry gates, swimming pool and hot tub, clubhouse, playground, volleyball court, BBQ and picnic areas, and recreational water access with a fishing pier and boat ramp access (noted as very low level currently).
The existing improvements are positioned for a range of uses, and the interior is not yet finished, allowing a buyer to complete the space to suit their plans.
Key Highlights
- Usable, level 0.2755‑acre lot in Holiday Villages of Medina, Texas Hill Country
- 850 SF metal building with two commercial‑style roll‑up doors and large covered awning
- Building is spray foam insulated (approx. 2.5 in) with two mini‑split HVAC systems totaling 3 tons
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $7.7k | $9.00 |
| − Vacancy | −$383 | −$0.45 |
| EGI | $7.3k | $8.55 |
| − OpEx | −$1.1k | −$1.28 |
| NOI | $6.2k | $7.27 |
850 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$88.2K
$77.2K – $103.0K
NOI $6,177 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$216.8K
$189.7K – $253.0K
NOI $15,177 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Metal building includes roll-up doors, spray foam insulation, mini-split HVAC, and a large covered RV structure with utility hookups.
Where is this warehouse located?
The property is located at 390 Private Road 1507 Bandera, TX.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Usable, level 0.2755‑acre lot in Holiday Villages of Medina, Texas Hill Country; 850 SF metal building with two commercial‑style roll‑up doors and large covered awning; Building is spray foam insulated (approx. 2.5 in) with two mini‑split HVAC systems totaling 3 tons
