182 Joiner Dr, Bandera, TX 78003
- $1,498,000
- 5,968
- SqFt
- List Price
- $1,498,000
- Status
- ACTIVE
- Days on Market
- 45
- MLS#
- 1991102
- Year Built
- 1999
- Living Area
- 5,968
- Lot Size
- 217,800
- Acres
- 5
- Subdivision
- Mason Creek Estates
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 you're looking for consistent cash flow today or expansion opportunities tomorrow, this property delivers exceptional value and flexibility.
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Additional Information
- Exterior Features
- Patio Slab, Covered Patio, Mature Trees, Partially Wooded, Level
- Zoning
- RESIDENTIAL
- Heating
- Central
- Air Conditioning
- Multi-Unit Central, Three+ Central
- Exterior Construction
- Pre-Owned
- Exterior Features
- Siding
- Roof
- Composition
- Foundation
- Slab
- School District
- Bandera Isd
- Elementary School
- Alkek
- Middle School
- Bandera
- High School
- Bandera
Mortgage Calculator
Listing courtesy of Listing Agent: Charles Acosta (acosta.charles@icloud.com) from Listing Office: RE/MAX Preferred, REALTORS.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 
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