1501 Tbd Pr Bandera, TX 78003
This exceptional investment opportunity presents eight condo units nestled within the secure Holiday Villages gated community in Bandera, Texas. The property comprises two buildings, each situated on its own lot, totaling two acres of land. Importantly, these lots have been legally partitioned from the subdivision, eliminating any homeowner's association (HOA) restrictions. Four of the units have undergone recent, complete renovations. Currently, all eight units are generating rental income at $1250 per month each, with all utilities included. This turnkey operation presents a compelling prospect for a variety of investors. The property's location in Bandera, TX, offers a desirable setting, making it ideal for a retired couple seeking hands-on management or for an investor looking to capitalize on the strong short-term rental market via platforms such as Airbnb. The asking price for this unique industrial and commercial property is $800,000. The property is zoned for commercial and industrial use, offering flexibility for future development or expansion. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly sought-after location. The absence of HOA fees further enhances the investment potential. Contact us today to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.