605 Lakeshore Ln Bandera, TX $ 469,900
605 Lakeshore Ln
$ 469,900
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605 Lakeshore Ln

Bandera, TX, 78003
$ 469,900
Baths0.0

Monthly Estimate*

$ 2,893

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Studio

Multi-Family Home for sale in Bandera, TX

for $469,900. This home was built in 2017 on a lot size of 2.82.

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, 2 tent sites, and a manufactured home, with ample space to add at least 5 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 modernizations like online bookings, rate optimization, and active marketing (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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Multi-Family Active

Price

$ 469,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,909

Style

Multi-Family (2-8 Units)

Lot Size

2.82

Year Built

2017

Town/City

Bandera

County/Region

Bandera

MLS | Web ID

1941213

Features
General
Heating Other
Cooling Window/Wall
Subdivision LAKE MEDINA SHORES
Builder Multi
Class Multi-Family (2-8 Units)
Type One Story
Status New
HOA Name LAKE MEDINA SHORES OWNERS ASSOCIATION
Area 3100
Year Built 2017
High School Bandera
School District Bandera Isd
Proposed Terms Conventional Cash Investors OK Other
Elementary School Alkek
Middle School Bandera
Legal Description Multiple (see exhibit A)
Taxes 2909.09
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Exterior
Exterior Other
Foundation 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 Med
Lot Size 2.82
Water/Sewer Septic City
Roofing Metal
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Interior
Flooring Laminate
Heating Fuel Electric
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* Excluded Features
List By
Thomas Martinez

Listing Agent

Leverage Realty Consulting Group

Broker

Thomas@HireLeverageGroup.com

Email

Affordability Calculator

$3,136
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,893
Monthly Property Taxes
$242
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
745148 Elementary School
745527 Middle School
Bandera High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$469,900 Listed Price

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605 Lakeshore Ln, Bandera, TX, 78003 is a Multi-Family Home for sale at $469,900 with a lot size of 2.82. 605 Lakeshore Ln is a studio with 0.0 baths and was built in 2017. The property's zip code is 78003 which is in Bandera, TX