Excellent investment opportunity in the growing town of Bandera! This bank-owned property features 6 income-producing units with prime highway frontage and outstanding visibility. Generate immediate cash flow while exploring future development potential. Ideal for investors, owner-users, storage units, retail, office space, or other commercial ventures. Endless possibilities with income already in place.
For sale
$590,000
686 State Highway 173, Bandera, TX 78003
10beds
3,472sqft
Multi Family
Built in 2003
-- sqft lot
$-- Zestimate®
$170/sqft
$-- HOA
What's special
Outstanding visibilityPrime highway frontage
- 109 days
- 48
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Robert Saenz TREC #553208 (210) 592-4285,
Xsellence Realty
Source: LERA MLS,MLS#: 1972064
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Central, Heat Pump, Electric
Cooling
- Multi Units, Unit Central, Wall/Window Unit(s), Central Air, One Window/Wall
Features
- Flooring: Vinyl
- Has basement: No
Interior area
- Total interior livable area: 3,472 sqft
Property
Parking
- Total spaces: 7
- Parking features: Parking Pad, Pad
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
- Spa features: Heated
Lot
- Size: 0.45 Acres
Details
- Parcel number: 00003005900019
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Siding, Aluminum Siding
- Foundation: Other
- Roof: Metal
Condition
- Year built: 2003
Details
- Builder name: Manufactured
Utilities & green energy
- Electric: Separate Electric Meter(s)
- Sewer: Septic
Community & HOA
Community
- Features: Common Utility Room
- Subdivision: N/A
Location
- Region: Bandera
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $635,970
- Annual tax amount: $8,887
- Price range: $590K - $590K
- Date on market: 6/2/2026
- Cumulative days on market: 110 days
- Listing terms: Conventional,Cash
- Total actual rent: 8800
Estimated market value
Not available
Estimated sales range
Not available
$2,036/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Listed for sale | $590,000-26.2%$170/sqft |
Source:  LERA MLS #1972064 Report a problem | ||
| 10/7/2025 | Listing removed | $799,700$230/sqft |
Source: LERA MLS #1912922 Report a problem | ||
| 10/5/2025 | Price change | $799,700-5.9%$230/sqft |
Source: LERA MLS #1912922 Report a problem | ||
| 2/14/2024 | Price change | $849,700+2.4%$245/sqft |
Source: LERA MLS #1751592 Report a problem | ||
| 9/19/2023 | Price change | $829,700+4.4%$239/sqft |
Source: LERA MLS #1720605 Report a problem | ||
| 7/29/2023 | Price change | $794,700-0.4%$229/sqft |
Source: LERA MLS #1696910 Report a problem | ||
| 7/21/2023 | Price change | $797,700-0.3%$230/sqft |
Source: LERA MLS #1696910 Report a problem | ||
| 6/19/2023 | Listed for sale | $799,700+56.8%$230/sqft |
Source: LERA MLS #1696910 Report a problem | ||
| 7/13/2022 | Sold | -- |
Source: LERA MLS #1609323 Report a problem | ||
| 6/9/2022 | Pending sale | $510,000$147/sqft |
Source: LERA MLS #1609323 Report a problem | ||
| 5/26/2022 | Listed for sale | $510,000$147/sqft |
Source: LERA MLS #1609323 Report a problem | ||
| 9/19/2016 | Sold | -- |
Source: LERA MLS #1127297 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,670 +21.2% | $491,414 +20% |
| 2024 | $5,504 +15.8% | $409,512 +20% |
| 2023 | $4,754 +30.8% | $341,260 +53.1% |
| 2022 | $3,634 | $222,850 +97.6% |
| 2021 | -- | $112,800 +6.5% |
| 2020 | $1,918 | $105,870 0% |
| 2019 | -- | $105,900 +0.3% |
| 2018 | -- | $105,550 +3.6% |
| 2017 | -- | $101,920 +201% |
| 2016 | -- | $33,860 -1% |
| 2015 | -- | $34,200 +0.7% |
| 2014 | -- | $33,970 +1.1% |
| 2013 | -- | $33,610 |
| 2012 | -- | $33,610 -17.9% |
| 2010 | -- | $40,930 |
| 2009 | -- | $40,930 -1.3% |
| 2008 | -- | $41,490 +0.9% |
| 2007 | -- | $41,140 |
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.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.
