Address
257 Forest Trail Dr Bandera, TX
Price
$ 299,900
Property Attributes
  • MLS#1524409
  • TypePending
  • CountyBANDERA
  • CityBandera
  • Area2400
  • NeighborhoodBandera Ranch Acres
  • Zip78003
  • StyleMulti-Family (2-8 Units)
  • Year Built1970
  • Taxes$ 6384
  • Price$ 299,900
  • Bedrooms0
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage1064
  • Lot Size3.85 Acres
Listing Provided Courtesy Of:
Eugene Herbert at Go Time Realty
Data Source:
San Antonio (SABOR) - 136 - TX
Property Description

Multifamily Investment opportunity in Bandera, TX. Current cash flow property located in an exclusive and desired neighborhood minutes from HWY 16 and Bandera city center. Currently there are 4 units (2 mobile homes; 2 newly built cottages) that are rented and a 5th cottage partially constructed that will require completion. The seller is willing to provide their plans to build 7 more cottages to increase cash flow and to the value of the 3.85 acre property if the new buyer desires. Septic and water systems upgraded and can be easily tapped into for additional units.

Elementary School Middle School High School
Call District Elementary School Call District Middle School Call District High School
Price History
5/4/2021 Listed $330,000
6/24/2021 7% - $309,900
7/24/2021 4% - $299,900

General Features

Annual Operating Expense 8760
Builder UNK
Class Multi-Family (2-8 Units)
Construction Pre-Owned
Cooling Window/Wall, One Central
Elementary School Call District
Flooring Other
Heating Other
High School Call District
Hoa Mandatory None
Legal Description BANDERA RANCH ACRES 2 LT 374 3
Listing Area 2400
Middle School Call District
Potential Short Sale No
Proposed Terms Conventional, Cash, Investors OK
School District Bandera Isd
Status Pending
Subdivision BANDERA RANCH ACRES
Taxes 6384.02
Type One Story
U1 #parking Spaces 1
U1 Bdrm 2
U1 Fulls Baths 1
U1 Handicap Access No
U1 Park Type Pad
U1 Rent 650
U2 #parking Spaces 1
U2 Bdrm 2
U2 Full Baths 1
U2 Handicap Access No
U2 Park Type Pad
U2 Rent 950
U3 #parking Spaces 1
U3 Bdrm 2
U3 Full Baths 1
U3 Handicap Access No
U3 Park Type Pad
U3 Rent 800
U4 #parking Spaces 1
U4 Bdrm 3
U4 Full Baths 1
U4 Handicap Access No
U4 Park Type Pad
U4 Rent 800
U5 #parking Spaces 1
U5 Bdrm 2
U5 Full Baths 1
U5 Handicap Access No
U5 Park Type Pad
Year Built 1970

Interior Features

Heating Fuel Natural Gas
Living Area 1064

Exterior Features

Exterior Other
Exterior Features Mature Trees, Detached Quarters
Foundation Other
Lot Size 3.85
Meters Separate Electric, Separate Gas, Common Water
Roofing Metal, Other
Water/Sewer Septic

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 78003

Price
AVG $210K
$300K
Taxes
AVG $2,055
$6,384
Visits
AVG 68
111
Year Built
AVG 1999
1970

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