263 Timber LaneBandera, TX 78003

Description

Discover an outstanding income-producing investment opportunity just minutes from the heart of Bandera, Texas—the Cowboy Capital of the World. Located only 3 minutes from downtown and just outside the city limits, this well-positioned property offers the perfect combination of steady cash flow and significant value-add potential. The property currently features 10 long-term RV sites and 4 fully leased cabin rentals, with room to construct 2 additional cabins to further increase rental income. The existing tenant base provides reliable long-term occupancy, while the property’s layout offers multiple opportunities for expansion and increased returns. One of the biggest opportunities for a new owner is the utility setup. The current owner pays utilities, creating an immediate value-add opportunity by installing individual utility meters and passing utility expenses directly to tenants, substantially improving the property’s net operating income. Situated just minutes from Bandera’s vibrant Main Street, tenants enjoy convenient access to live music, restaurants, shopping, rodeos, the Medina River, and the year-round attractions that make Bandera a popular destination for residents and visitors alike. Whether you’re looking to expand your investment portfolio or capitalize on the growing demand for affordable long-term housing in the Texas Hill Country, this property offers strong existing income, expansion potential, and multiple avenues to increase profitability. Investment Highlights: 10 long-term RV sites 4 income-producing cabin rentals Room to build 2 additional cabins Excellent value-add opportunity through individual utility metering Located just outside Bandera city limits Only 3 minutes to historic downtown Bandera Strong long-term rental demand with significant upside potential Don’t miss the opportunity to own a cash-flowing Hill Country investment with built-in potential for increased income and long-term appreciation.

Property Information

Property type

Residential

Sub-type

Mobile Home

Year built

1997

Living area

2,307 Sq Ft

Lot size

1.31 acres

Days on market

121

MLS^® Listing#

618485

Property Features

Interior

Ceiling Fan(s)

Appliances

Electric Range · Refrigerator · Cooktop

Cooling

Ceiling Fan(s) · Central Air · Wall/Window Unit(s)

Heating

Other · See Remarks

Flooring

Laminate

Fireplace

None

Pool

None

Laundry

None

Fencing

None

Lot features

Level

Construction

Other · See Remarks

Foundation

Slab

Roof

Composition · Metal · Shingle

Utilities

Electricity Available

Sewer

Aerobic Septic

Financial Details

HOA

None

Annual taxes

$6,734Tax year 2025

Parcel number

159611

Directions

Head toward Main St Turn left onto Main St Turn right onto TX-173 S/Sycamore St Continue to follow TX-173 S Turn left onto FM3240 Turn right onto Timber Ln