Technical
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Property profile

550 Palomino Spg Bandera, TX 78003

OFF-MARKET
Land
2.68 ac lot
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Property summary

AI-generated overview

Exceptional 2.68-acre commercial lot in Bandera, Texas, zoned for residential use, presents a unique investment opportunity. Located in the desirable Bridgelate Subdivision, this property offers unparalleled access to a wealth of amenities. Residents enjoy two swimming pools, two clubhouses with guest quarters, horse facilities, and ¾ miles of Medina River park frontage perfect for kayaking and fishing. Tennis courts and walking trails enhance the active lifestyle. The property is conveniently located 10 minutes from the historic town of Bandera and an hour from San Antonio, offering easy access to city amenities. Medina Lake is just a 5-minute drive away. The lot itself boasts native trees and grassland, providing a beautiful setting for future development. This is an ideal location for those seeking a tranquil Hill Country lifestyle with convenient access to both nature and urban conveniences. The asking price is $93,000. This property is situated at 550 Palomino Springs, Bandera, TX 78003, in Bandera County.

Property profile

Verified
Property type Land
Lot 2.68 ac (116,741 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

550 Palomino Spg Bandera, TX 78003
Bandera metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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