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For sale
    • Price cut: $500 (8/4)
    $598,500

    1275 LACEY DR, Bandera, TX 78003

    3beds
    2,265sqft
    : 
    $4,239/mo
    Get pre-qualified
    Single Family Residence
    Built in 1993
    4 Acres Lot
    $559,500 Zestimate®
    $264/sqft
    $-- HOA

    What's special

    Detached two-car garageStunning two-story ranch-style residenceThree spacious bedroomsTwo-and-one-half bathsPremier waterfront propertyLush landscapingMature trees
    Nestled along the crystal-clear waters of Bandera Creek, this extraordinary private estate offers an exceptional blend of luxury, natural beauty, and timeless Hill Country charm. Set on approximately four meticulously maintained acres, this premier waterfront property delivers an unparalleled lifestyle in one of the Texas Hill Country's most sought-after settings. The stunning two-story ranch-style residence encompasses 2,265 square feet of thoughtfully designed living space, featuring three spacious bedrooms and two-and-one-half baths. Impeccably maintained and beautifully appointed, the home captures breathtaking views of the surrounding landscape while offering warm, inviting interiors ideal for both intimate living and elegant entertaining. Complementing the main residence is a beautifully finished one-bedroom, one-bath guest retreat complete with a loft area, providing sophisticated accommodations for guests, multi-generational living, executive office space, or potential income-producing opportunities. A detached two-car garage offers additional convenience and functionality. The grounds are truly remarkable. Mature trees, lush landscaping, and thoughtfully designed outdoor living spaces create a private sanctuary where nature and luxury coexist. Expansive decks overlook the serene creekfront setting, while picturesque boardwalk walkways meander through the property, inviting residents and guests to experience the beauty of the land from every angle. Rarely does a property combine waterfront tranquility, acreage, guest accommodations, and refined Hill Country architecture with such effortless elegance. Whether envisioned as a full-time residence, luxury retreat, or legacy property to be enjoyed for generations, this exceptional Bandera Creek estate represents a rare opportunity to own a piece of the Texas Hill Country at its finest.
    87 days
    531
    45

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Mabry TREC #475940 (830) 328-1675,

    Wooten Land Co. LLC

    Source: LERA MLS,MLS#: 1973296MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Area: 285
      • Dimensions: 15 x 19
      Bedroom 2
      • Area: 264
      • Dimensions: 12 x 22
      Bedroom 3
      • Area: 220
      • Dimensions: 10 x 22
      Primary bathroom
      • Features: Shower Only
      • Area: 143
      • Dimensions: 11 x 13
      Dining room
      • Area: 182
      • Dimensions: 14 x 13
      Kitchen
      • Area: 143
      • Dimensions: 11 x 13
      Living room
      • Area: 285
      • Dimensions: 15 x 19
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Range, Dishwasher, Vented Exhaust Fan, Electric Water Heater
      • Laundry: Main Level, Washer Hookup, Dryer Connection
      Features
      • One Living Area, Utility Room Inside, High Ceilings, Open Floorplan, High Speed Internet, Master Downstairs, Ceiling Fan(s)
      • Flooring: Ceramic Tile, Wood
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: One, Living Room
      Interior area
      • Total interior livable area: 2,265 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Two Car Garage, Detached, Garage Apartment, Circular Driveway
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Other
      • Pool features: None
      • Fencing: Partial
      • Has view: Yes
      • View description: County VIew
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront, Water Front Improved
      Lot
      • Size: 4 Acres
      • Residential vegetation: Mature Trees
      Details
      • Additional structures: Detached Quarters
      • Parcel number: 14300000000290
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch,Texas Hill Country
      • Property subtype: Single Family Residence
      Materials
      • Brick, Wood Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Pre-Owned
      • New construction: No
      • Year built: 1993

      Utilities & green energy

      • Electric: BEC
      • Gas: N/A
      • Sewer: Septic, Septic
      • Water: Well, Private Well

      Community & HOA

      Community
      • Features: None
      • Subdivision: Lacey Park
      Location
      • Region: Bandera

      Financial & listing details

      • Price per square foot: $264/sqft
      • Tax assessed value: $304,830
      • Annual tax amount: $4,203
      • Price range: $598.5K - $598.5K
      • Date on market: 6/5/2026
      • Cumulative days on market: 88 days
      • Listing terms: Conventional,FHA,VA Loan,1st Seller Carry,Lease Option,TX Vet,Cash
      • Road surface type: Paved

        Estimated market value

        $559,500

        $532,000 - $587,000

        $2,518/mo

        Price history

        DateEventPrice
        8/4/2026Price change$598,500-0.1%$264/sqft
        Source: KVMLS #124604 Report a problem
        6/5/2026Listed for sale$599,000$264/sqft
        Source: KVMLS #124604 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,137 +2.6%$304,830 +1.6%
        2024$4,034 -5.4%$300,140 -2%
        2023$4,265 -15.3%$306,140 -0.8%
        2022$5,033 $308,610 +62.7%
        2021-- $189,660 +16%
        2020$2,963 $163,540
        2019-- $163,540 -20.4%
        2018-- $205,350 +5.9%
        2017-- $193,900
        2016-- $193,900 -0.2%
        2015-- $194,200 +1%
        2014-- $192,190 +2.9%
        2012-- $186,810 +5.2%
        2010-- $177,543 +10%
        2009-- $161,403 +2%
        2007-- $158,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 78003

        Getting around

        0 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Alkek
        • Middle: Bandera
        • High: Bandera
        • District: Bandera Isd

        Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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