$469,900

605 Lakeshore Ln, Bandera, TX 78003

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2017
  • Property Lot Size Icon2.82acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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 and 2 tent sites, with ample space to add at least 6 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 adjustments like online bookings, rate optimization, and accepting short-term guests (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!

Listing Status:
Active
Date Added:
February 13, 2026
Data Last Updated:
May 21, 2026 at 7:53AM
Listing Office:
Leverage Realty Consulting Group : (800) 401-0199
Listing Agent:
Thomas Martinez : (210) 878-6683
MLS ID:
1941213
  • Flooring: Laminate
  • A/C: Window/Wall
  • Heating: OtherElectric
  • General: OtherPatio SlabCovered PatioBar-B-Que Pit/GrillPrivacy FenceStorage Building/ShedMature TreesDetached QuartersAdditional DwellingWorkshopGarage ApartmentWater Front Improved
  • Style: Other
  • Roofing: Metal
  • General: Other
  • HOA Amenities: 120.0Annually
  • School District: Bandera Isd
  • County: Bandera
  • Zoning: Multiple (see exhibit A)00936003110044
  • Utilities: BECPrivate
  • Water: Water SystemPrivate WellSepticCity
  • Sewer: Septic

This listing courtesy of Thomas Martinez , Leverage Realty Consulting Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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