292 Private Road 1516
Bandera, TX, 78003 $ 227,000
Bedrooms2 Baths2.0 Sq 896 Monthly Estimate*
$ 1,398
for $227,000 with 2 bedrooms and 2 full baths. This 896 square foot home was built in 2014 on a lot size of 1.102.
Escape to the quiet side of Texas on this 1.1 acre homesite tucked inside the gated Holiday Villages of Medina - minutes from Medina Lake and an easy drive to Bandera, Boerne, and San Antonio. Mature trees, level ground, and room to spread out make this a rare find for buyers wanting privacy, acreage, and lake community living at an approachable price point. The 2-bed, 2-bath home (896 sq ft, built 2014) has been professionally retrofitted and is VA and FHA eligible. Recent updates include three new hose bibs, a new core water heating element, and a replaced indoor air handler - the property has been kept in tip-top shape. What really sets this one apart is the outdoor setup. A large enclosed metal shop on a concrete slab features two roll-up doors and electricity - ideal for a workshop, hobbies, or storage. RV storage with a 50-amp hookup is already in place, along with an additional shed with electricity. Whether you're bringing lake toys, tools, or a weekend camper, there's a spot for it. Ownership in Holiday Villages of Medina includes gated access, a community pool, clubhouse, park, and private lake access with boat ramp when the lake is up - perfect for a weekend getaway, short-term rental opportunity, or full-time Hill Country retreat. A rare chance to own acreage, improvements, and lake community amenities at a price point that works.
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Single Family ActiveOne Story,Manufactured Home - Single Wide
FeaturesGeneralLiving Area 896
Construction Pre-Owned
Heating Central
Cooling One Central
Half Baths 0
Bathrooms 2
HOA Fee 75
Subdivision HOLIDAY VILLAGES OF MEDINA
Builder Unknown
Class Single Residential
Type Manufactured
Style One Story Manufactured Home - Single Wide
Roof Composition
Status Active
HOA Frequency Monthly
Attached Garage N
HOA Name HOLIDAY VILLAGES POA
Neighborhood Amenities Controlled Access Waterfront Access Clubhouse Park/Playground Basketball Court Volleyball Court Lake/River Park
Area 3000
Year Built 2014
High School Hondo
School District Hondo I.S.D.
Proposed Terms Conventional FHA VA Cash Investors OK Assumption w/Qualifying
Elementary School Meyer Elementary
Middle School McDowell
Legal Description HOLIDAY VILLAGES OF MEDINA RIO MEDINA II SECTION F LOT 114
Taxes 3014.78
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ExteriorExterior Siding
Pool (Y/N) N
Pool None
Lot Size 1.102
Water/Sewer Other
Inclusions Ceiling Fans Washer Connection Dryer Connection Built-In Oven Stove/Range Refrigerator Dishwasher
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InteriorTotal Bedrooms 2
Full Baths 2
Interior Features One Living Area
Stories 1
Flooring Carpeting Linoleum
Living Room Width 10
Heating Fuel Electric
Living Room Length 10
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* Excluded FeaturesList BySamantha MullerListing Agent
Galm Real Estate, LlcBroker
mullersamanthaa@gmail.com;samantha@galmrealestate.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,398
- Monthly Property Taxes
- $251
- 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.
Learn more about how to save NearbySingle family listings in Bandera, TX
Average List Price $491,805
Percent of Sale Price 117%
About Bandera, TX 1,055 Population
6% Since 2002
$ 48,571 Median Income
51.13 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
745131 Elementary School
5185878 Middle School
Hondo High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/26/2026 | $227,000 | -0.44% | Price Down |
| 3/10/2026 | $228,000 | -0.44% | Price Down |
| 2/25/2026 | $229,000 | | Listed Price |