For sale

Price cut: $35K (6/12)

$200,000

297 Chaparral Dr, Bandera, TX 78003

2beds

882sqft

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Multi Family

Built in 2022

-- sqft lot

$196,800 Zestimate^®

$227/sqft

$13/mo HOA

What's special

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.

155 days

84

5

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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

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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: 421 days
Listing terms: Conventional,FHA,VA Loan,TX Vet,Cash
Total actual rent: 2200

Estimated market value

$196,800

$187,000 - $207,000

$1,299/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

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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