ActiveResidential · sale

496 Cedarhill Dr.

Bandera, TX 78003

$135,000

  • 2 beds
  • 2 baths
  • 900 sq ft
  • 0.51 acres
  • Built 2018

Listed by Keller Williams Bandera · MLS #1883749

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496 Cedarhill Dr., Bandera, TX 78003 · MLS #1883749

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2018.

Property size

0.51 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Whether you're looking for a get away or a full time residence, this eclectic 2 bedroom, 1 full bath, 2 half bath property delivers the charm and character you've been searching for. Nestled on a spacious corner lot surrounded by shady Century Oaks, this woodsy gem lives up to its nickname, "The Lodge." There is a driveway into the property from both streets. The outdoor spaces are a true highlight, offering a "cool tub" (hot tub heater not currently connected), a cozy fire pit, and a charming covered area perfect for food, drinks, and gathering with friends. Specialty outdoor lighting and natural landscaping make evenings magical, while the gravel areas provide easy maintenance year-round. Enjoy the plus of a He Shed and She Shed - ideal for hobbies, storage, or workspace. The He Shed features a drive-in double door, for storing mowers, motorcycles, and other gear. The She Shed includes washer and dryer, a convenient half bath, and additional storage. RV owners will appreciate the 30-amp hook-up and generous blacktop parking pad for recreational vehicles or extra guest cars. The home is filled with rustic character, with solid wood accents and large windows. The kitchen features a sizable peninsula for dining or meal prep, a convection oven and microwave (note: no range), and a 10-gallon water heater that was replaced in 2023. The bathroom includes a step-in shower for convenience and accessibility. One of the two bedrooms has private exterior access and another half bath, making it perfect for guests or a private studio space, and a door was installed in May 2026, that opens into the main living area. This home is built with efficiency in mind, featuring spray foam insulation in the roof and side walls, all protected under a durable metal roof that also covers the front porch. Homeowners in this community enjoy the added benefit of low HOA dues for 3 lots- just $90 annually - which grant access to three parks and Medina Lake. There's also a community pavilion with stunning lake views available for private use by residents. Conveniently located about 10 minutes from Bandera where the "Fun Never Sets." About 45 minutes from Kerrville, Boerne, Helotes, and Hondo, this property is also only an hour from the San Antonio Medical Center and international airport. Whether you plan to stay, play, or simply get away, "The Lodge" is ready to welcome you. Seller says Bring Your Offer!

THE NEIGHBORHOOD

Explore the location.

496 Cedarhill Dr., Bandera, TX 78003

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2018
Full baths
1
Half baths
1
Cooling
Two Window/Wall
Heating
3+ Units
Flooring
Carpeting, Wood, Laminate
Exterior
Wood, Metal Structure, Other
Pool features
Hot Tub/Sauna
Subdivision
LAKE MEDINA SHORES
Parcel
14550010000830
HOA
LAKE MEDINA SHHORES OWNERS ASSOCIATION
HOA amenities
Waterfront Access, Pool, Clubhouse, Park/Playground, Sports Court, BBQ/Grill, Volleyball Court, Lake/River Park, Boat Ramp, Fishing Pier, Boat Dock, Other - See Remarks
Elementary school
Alkek
Middle school
Bandera
High school
Bandera
Annual property tax
$2,547.88
HOA fee
$90.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$202.22
Estimated monthly rent$562.50
Cap rate2.05%

Annual operating income: $2,764.12

HOA: The listing source reports a $90.00 HOA fee, but not a usable payment frequency. HOA costs are not included in this estimate. Choose a monthly amount under Adjust assumptions.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #1883749 · San Antonio Board of Realtors

Listing brokerage: Keller Williams Bandera
Listing agent: Lanette Pennell

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.