605 Lakeshore Ln, Bandera, TX 78003
- $469,900
- List Price
- $469,900
- MLS#
- 1941213
- Status
- ACTIVE
- Number of Units
- 24
- County
- Bandera
- City
- Bandera
- Subdivision
- Lake Medina Shores
- Acres
- 2.82
Property Description
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!
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Additional Information
- Days on Market
- 165
- Year Built
- 2017
- Builder Name
- Multi
- Cooling
- Window/Wall
- Heating
- Other
- Exterior Features
- Patio Slab, Covered Patio, Mature Trees, Detached Quarters, Common Utility Room, Workshop, Garage Apartment, Water Front Improved, Partially Wooded, Mature Trees (ext feat), Level, Improved Water Front, Lake Medina, Water Access
- Exterior
- Other
- Roof
- Metal
- Floor
- Laminate
- School District
- Bandera Isd
- Elementary School
- Alkek
- Middle School
- Bandera
- High School
- Bandera
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Listing courtesy of Listing Agent: Thomas Martinez (Thomas@HireLeverageGroup.com) from Listing Office: Leverage Realty Consulting Group.
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