This income-producing cabins near the heart of Bandera, surrounded by beautiful Hill Country views and close to a creek and Medina Lake. The property features two units, each with 1 bedroom and 1 bathroom, for a total of 2 bedrooms and 2 bathrooms, with each side currently renting for $1,100 per month. One unit is already rented, providing immediate income, while the other offers flexibility for owner occupancy or additional rental potential. The property may be purchased separately or together with 289 Chaparral, making it a versatile and attractive option for investors seeking a strong rental opportunity in a desirable area.
For sale
Price cut: $35K (6/12)
$200,000
297 Chaparral Dr, Bandera, TX 78003
2beds
882sqft
Multi Family
Built in 2022
-- sqft lot
$195,800 Zestimate®
$227/sqft
$13/mo HOA
What's special
- 201 days
- 59
- 3
Zillow last checked:
Listing updated:
Listed by:
Shane Neal TREC #608871 (726) 245-8941,
eXp Realty
Source: LERA MLS,MLS#: 1940930
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- 1 Unit, Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Oven, Refrigerator, Oven/Stove
Features
- Flooring: Carpet, Ceramic Tile, Laminate
Interior area
- Total interior livable area: 882 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: On Street, Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 10,062 Square Feet
- Residential vegetation: Mature Trees
Details
- Parcel number: 12576000010220
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Siding, Fiber Cement
- Roof: Metal
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Electric: Separate Electric Meter(s)
- Sewer: Septic
- Water: Co-op Water, Common Water Meter(s)
Community & HOA
Community
- Security: Controlled Access
- Subdivision: Enchanted River Estates
HOA
- Has HOA: Yes
- HOA fee: $150 annually
- HOA name: ENCHANTED RIVER HOME OWNERS ASSOCIATION
Location
- Region: Bandera
Financial & listing details
- Price per square foot: $227/sqft
- Annual tax amount: $2,483
- Price range: $200K - $200K
- Date on market: 2/12/2026
- Cumulative days on market: 466 days
- Listing terms: Conventional,FHA,VA Loan,TX Vet,Cash
- Total actual rent: 2200
Estimated market value
$195,800
$186,000 - $206,000
$1,295/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Price change | $200,000-14.9%$227/sqft |
Source:  LERA MLS #1940930 Report a problem | ||
| 2/12/2026 | Listed for sale | $235,000$266/sqft |
Source: LERA MLS #1940930 Report a problem | ||
| 1/9/2026 | Listing removed | $235,000$266/sqft |
Source: LERA MLS #1891340 Report a problem | ||
| 8/9/2025 | Listed for sale | $235,000-6%$266/sqft |
Source: LERA MLS #1891340 Report a problem | ||
| 7/24/2025 | Listing removed | $250,000$283/sqft |
Source: LERA MLS #1857147 Report a problem | ||
| 4/10/2025 | Listed for sale | $250,000$283/sqft |
Source: LERA MLS #1857147 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78003
Nearby schools
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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