ActiveResidential · sale

1614 Private Road 1518

Bandera, TX 78003

$197,000

  • 2 beds
  • 2 baths
  • 1,036 sq ft
  • 0.31 acres
  • Built 2020

Listed by Keller Williams Bandera · MLS #2011838

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1614 Private Road 1518, Bandera, TX 78003 · MLS #2011838

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2020.

Property size

0.31 acres listed.

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

THE PROPERTY

Get to know the property.

This 2 bedroom, 2 bath home offers 1,036 square feet of comfortable living space, well suited as a permanent residence or a weekend getaway. A wide porch wraps around the front and side of the home, with the side facing undeveloped ranch land for a real sense of privacy. Inside, the open-concept kitchen and living area feature dark wood-look vinyl flooring throughout and bold black trim accents. The kitchen has been fully updated with white shaker cabinets, butcher block countertops, and stainless steel appliances including a refrigerator, range, microwave, and dishwasher. A washer and dryer are included, along with a tankless water heater. The primary bedroom features a bold blue color palette and barn-door closet access, while both bathrooms have been tastefully updated - one with a tiled walk-in shower and the other with a tub/shower combo, both finished with wood-look vinyl tile flooring. A 50 amp RV hookup with water and sewer connections is already in place, making this property ideal for hosting guests or your own home-on-wheels. Located in the gated community of Holiday Villages of Medina, just 10.5 miles from downtown Bandera, you'll enjoy peace, security, and easy access to everything the "Cowboy Capital of the World" has to offer.

THE NEIGHBORHOOD

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1614 Private Road 1518, Bandera, TX 78003

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2020
Full baths
2
Half baths
0
Cooling
One Central
Heating
Central
Flooring
Laminate
Exterior
Wood, Siding
Pool features
None
Subdivision
HOLIDAY VILLAGES OF MEDINA
Parcel
63105
HOA
HV OF MEDINA OWNERS ASSOCIATION
HOA amenities
Controlled Access, Waterfront Access, Pool, Clubhouse, Park/Playground, Boat Ramp
Elementary school
Hondo
Middle school
Hondo
High school
Hondo
Annual property tax
$3,007.27
HOA fee
$45.00

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$343.05
Estimated monthly rent$820.83
Cap rate2.34%

Annual operating income: $4,609.10

HOA: The listing source reports a $45.00 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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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 #2011838 · San Antonio Board of Realtors

Listing brokerage: Keller Williams Bandera
Listing agent: Georgina Tobin

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