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
- 38 days |
- 90 |
- 3 |
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
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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: 39 days
- Listing terms: Conventional,Cash
- Total actual rent: 8800
Estimated market value
Not available
Estimated sales range
Not available
$2,247/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 | -- | $41,140 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 78003
Nearby schools
GreatSchools rating
- 6/10Alkek Elementary SchoolGrades: PK-5Distance: 4.5 mi
- 6/10Bandera Middle SchoolGrades: 6-8Distance: 6.4 mi
- 4/10Bandera High SchoolGrades: 9-12Distance: 6.5 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Bandera County
- Bandera
- 78003
- 686 State Highway 173
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