BEDS14
BATHS7 full
SQUARE FEET5,968
MLS#1991102
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMason Creek Estates
SCHOOLBandera Isd
Property Description
Rare investment opportunity! This income-producing property features four duplexes situated on approximately 5 acres, offering both immediate cash flow and significant future upside. With roughly 2 additional acres ready for development, investors have the potential to expand and add more units. Infrastructure is already in place with water and electricity available to support future construction, helping reduce development costs and timelines. Located just 7 minutes from downtown Bandera, this property offers the perfect balance of convenience and country living. Situated outside the city limits, owners can enjoy fewer restrictions and the potential benefits of lower property taxes while remaining close to shopping, dining, schools, and entertainment. The property offers a unique combination of current rental income and long-term growth potential, making it ideal for investors, developers, or those seeking to build a larger multifamily portfolio. Whether youre looking for consistent cash flow today or expansion opportunities tomorrow, this property delivers exceptional value and flexibility.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Multi-Unit Central, Three+ Central
Fuel Type: Electric
Lot Size: 5.00 Acres
Taxes: $3,589
Year Built: 1999
Units
Unit Type 1:
Bedrooms: 2
Full Bath(s): 1
Half Bath(s): 0
Rent: $885.00
Unit Type 2:
Bedrooms: 2
Full Bath(s): 1
Half Bath(s): 0
Rent: $885.00
Unit Type 3:
Bedrooms: 2
Full Bath(s): 1
Half Bath(s): 0
Rent: $885.00
Unit Type 4:
Bedrooms: 2
Full Bath(s): 1
Half Bath(s): 0
Rent: $885.00
Unit Type 5:
Bedrooms: 2
Full Bath(s): 1
Half Bath(s): 0
Rent: $885.00
Feature Descriptions
Builder Name: Unknown
Days on Site: 33
Exterior: Patio Slab, Covered Patio, Mature Trees, Partially Wooded, Level
Exterior: Siding
Foundation: Slab
HOA Mandatory: No
Tax By Multiple Counties: No
Type: One Story
Units: 8
Local Schools
High School: Bandera
Middle School: Bandera
Elementary School: Alkek
School District: Bandera Isd
Listed By / Shown By
Listed By
Agency Name: RE/MAX Preferred, REALTORS
Agency Phone: (210) 483-5000
Shown By
Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimate Your Payment
Estimated Payment
$ 4,069.90 per month $3,333.90 Principal & Interest $299.08 Property Tax $436.92 Homeowner's Insurance
182 Joiner Dr | MLS# 1991102
This multi-family property located at 182 Joiner Dr, Bandera, TX 78003 is currently listed for sale with an asking price of $1,498,000. Joiner Dr is located within the Bandera Isd school district. Search Bandera real estate on karenschaeper.kellyrealtors.com today.