ActiveCommercial · sale

605 Lakeshore Ln

Bandera, TX 78003

$469,900

  • 2.82 acres
  • Built 2017

Listed by Leverage Realty Consulting Group · MLS #1941279

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605 Lakeshore Ln, Bandera, TX 78003 · MLS #1941279

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A FEW THINGS TO NOTICE

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Year built

Built in 2017.

Property size

2.82 acres listed.

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

THE PROPERTY

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Rare Cash Flowing Hill Country Investment Opportunity: Medina River RV Park and Camping. Secure a turnkey, cash-flowing property on the Medina River between San Antonio and Bandera. This meticulously maintained park features 16 full-hookup 20/30/50-amp RV sites and 2 tent sites, with ample space to add at least 6 more RV sites for immediate expansion. The property currently operates at a strong 9.37% cap rate with a projected 18.25% pro-forma upside achievable through simple operational adjustments like online bookings, rate optimization, and accepting short-term guests (no capital expenditure required as the infrastructure is already in place for growth). The park offers an incredible utility moat including dual water sources with both city water and a private well, 6 metered electrical poles, high-speed fiber internet, and 6 permitted conventional septic systems designed for high capacity. Guest-centric amenities include on-site laundry, shower and restroom facilities, a park office with storage, covered RV and boat storage, and exclusive riverfront park access. Strategically designed for remote management, the property boasts extra-wide sites, mature trees for natural privacy, fencing, concrete pads, covered pavilions, and a park-owned security system. Ideally located for a diverse mix of short-term vacationers and long-term residents, this park offers the perfect combination of buy-and-hold stability and massive value-add potential. Capitalize on the untapped revenue streams of this high-performing Hill Country property. Schedule your tour today!

THE NEIGHBORHOOD

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605 Lakeshore Ln, Bandera, TX 78003

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THE DETAILS

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Property type
Commercial Improved Prop
Category
Commercial
Year built
2017
Accessibility
Grab Bars in Bathroom(s), Level Lot, Level Drive, First Floor Bath, Disabled Parking, Stall Shower, Wheelchair Accessible
Zoning
UNRESTRICTED
Parcel
00936003110044
Annual property tax
$2,909.09

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

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Listing information

MLS #1941279 · San Antonio Board of Realtors

Listing brokerage: Leverage Realty Consulting Group
Listing agent: Thomas Martinez

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