New Listing
Description
Fully leased and cash-flowing from day one! This duplex-style investment at 289 Chaparral sits in the gated Enchanted River Estates, just minutes from the heart of Bandera and tucked between the Medina River and a nearby creek. Each unit offers 2 bedrooms and 1 bath, for 1,344 total square feet. Both sides are currently leased at $1,000/month, for $2,000 in monthly rent ($24,000 annually), plus a flat-rate water reimbursement from each tenant. Inside, you'll find high ceilings and attractive laminate flooring. Outside, a durable metal roof keeps long-term maintenance low. Tenants pay their own electric, internet, and trash, which keeps ownership simple. It's a turnkey addition to any portfolio, and owner-occupants can plan to move into one side down the road and let the other help pay the mortgage. All of this comes in a scenic, gated community close to Bandera's shops, dining, and river access.
Details
| MLS # | 2027888 |
|---|---|
| Listing Type | For Sale |
| Status | New |
| Year | 2018 |
| Listing Provided By | eXp Realty | Michael Godinez |
Features
| SQ Feet | 1,344 |
|---|---|
| Units | 2 |
| Acreage | 0.24 |
Interior
| Heating Fuel | Electric |
|---|
Exterior
| Exterior | Siding, Cement Fiber |
|---|---|
| Exterior Features | Mature Trees, Controlled Access |
Utilities
| Waterorsewer | Septic, Co-op Water |
|---|
Taxes
| Tax Property Id | 12576000010230 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 2750.81 |
Area Information
| State | TX |
|---|---|
| County | Bandera |
| City | Bandera |
| Zip Code | 78003 |
| Area | Bandera |
| Community Name | ENCHANTED RIVER ESTATES |
| School District | Bandera Isd |
| Elementary School | Alkek |
| High School | Bandera |
| Listing VS Median (in ENCHANTED RIVER ESTATES) | |
Price: $179,900 low | high Med: $260,000 sqft: 1,344 low | high Med: 1,460 $ / sqft: $134 low | high Med: $178 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Bandera |
| City | Bandera |
| Zip Code | 78003 |
| Area | Bandera |
| Community Name | ENCHANTED RIVER ESTATES |
| School District | Bandera Isd |
| Elementary School | Alkek |
| High School | Bandera |
| Listing VS Median (in ENCHANTED RIVER ESTATES) | |
Price: $179,900 low | high Med: $260,000 sqft: 1,344 low | high Med: 1,460 $ / sqft: $134 low | high Med: $178 | |