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  • $529,000

    263 Timber Ln, Bandera, TX 78003

    --beds
    --baths
    2,307sqft
    : 
    $3,746/mo
    Get pre-qualified
    Multi Family, Manufactured Home, Single Family Residence
    Built in 1997
    -- sqft lot
    $-- Zestimate®
    $229/sqft
    $-- HOA

    What's special

    Discover an outstanding income-producing investment opportunity just minutes from the heart of Bandera, Texas—the Cowboy Capital of the World. Located only 3 minutes from downtown and just outside the city limits, this well-positioned property offers the perfect combination of steady cash flow and significant value-add potential. The property currently features 10 long-term RV sites and 4 fully leased cabin rentals, with room to construct 2 additional cabins to further increase rental income. The existing tenant base provides reliable long-term occupancy, while the property’s layout offers multiple opportunities for expansion and increased returns. One of the biggest opportunities for a new owner is the utility setup. The current owner pays utilities, creating an immediate value-add opportunity by installing individual utility meters and passing utility expenses directly to tenants, substantially improving the property’s net operating income. Situated just minutes from Bandera’s vibrant Main Street, tenants enjoy convenient access to live music, restaurants, shopping, rodeos, the Medina River, and the year-round attractions that make Bandera a popular destination for residents and visitors alike. Whether you’re looking to expand your investment portfolio or capitalize on the growing demand for affordable long-term housing in the Texas Hill Country, this property offers strong existing income, expansion potential, and multiple avenues to increase profitability. Investment Highlights: 10 long-term RV sites 4 income-producing cabin rentals Room to build 2 additional cabins Excellent value-add opportunity through individual utility metering Located just outside Bandera city limits Only 3 minutes to historic downtown Bandera Strong long-term rental demand with significant upside potential Don’t miss the opportunity to own a cash-flowing Hill Country investment with built-in potential for increased income and long-term appreciation.
    50 days
    |
    55
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Cameron Whitehead (512)800-3230,

    CW Realty Co

    Source: Central Texas MLS,MLS#: 618485MLS LogoOriginating MLS: Four Rivers Association of REALTORS

      Facts & features

      Interior

      Heating
      • Other, See Remarks
      Cooling
      • Central Air, 3+ Units, Wall/Window Unit(s)
      Appliances
      • Included: Electric Range, Refrigerator, Some Electric Appliances, Cooktop
      • Laundry: None
      Features
      • Ceiling Fan(s)
      • Flooring: Laminate
      • Attic: None
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total interior livable area: 2,307 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Carport
      • Carport spaces: 3
      Accessibility
      • Accessibility features: Other, See Remarks
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      • View description: None
      • Body of water: None
      Lot
      • Size: 1.31 Acres
      Details
      • Parcel number: 159611

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Manufactured Home, Single Family Residence
      Materials
      • Other, See Remarks
      • Foundation: Slab
      • Roof: Composition,Metal,Shingle
      Condition
      • Resale
      • Year built: 1997

      Utilities & green energy

      • Sewer: Aerobic Septic
      • Utilities for property: Above Ground Utilities, Electricity Available, Trash Collection Public

      Community & HOA

      Community
      • Subdivision: Wildwood
      HOA
      • Has HOA: No
      Location
      • Region: Bandera

      Financial & listing details

      • Price per square foot: $229/sqft
      • Tax assessed value: $496,140
      • Annual tax amount: $6,734
      • Date on market: 7/1/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Listed for sale$529,000+286.1%$229/sqft
        Source: Central Texas MLS #618485 Report a problem
        7/10/2017Sold--
        Source: LERA MLS #1246474 Report a problem
        6/2/2017Listed for sale$137,000$59/sqft
        Source: Coldwell Banker Stagecoach Realty #1246474 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,734 +5.6%$496,140 +4.5%
        2024$6,378 +2.1%$474,570 +5.8%
        2023$6,250 -4.5%$448,620 +11.8%
        2022$6,544 $401,280 +53.8%
        2021-- $260,900 +88.6%
        2020$2,507 $138,360 +260.4%
        2019-- $38,390 +3.8%
        2018-- $37,000 +26.1%
        2017-- $29,350 +38.4%
        2016-- $21,203 +10%
        2015-- $19,275 -17.5%
        2014-- $23,370 +46.7%
        2013-- $15,930
        2012-- $15,930 -32.3%
        2010-- $23,532 +10%
        2009-- $21,393 +10%
        2008-- $19,448 +10%
        2007-- $17,680
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        9 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Bandera ISD

        Source: Central Texas 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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