Investor-grade opportunity in the sought-after Indian Waters Subdivision, located within the Bandera city limits and serviced by city water and sewer. This property spans three level platted lots totaling approximately 0.717 acres, including a desirable corner lot, creating multiple paths for redevelopment or income production. The existing structure is in need of significant repair. With a full renovation, the home could be reconfigured into a functional 2-bedroom, 2-bath residence suitable for long-term rental or resale. Alternatively, the true value may lie in the land-offering the potential to clear and build up to three separate homes across the individual lots, subject to city guidelines. The setting is a standout feature, with mature oak trees, established crape myrtles, and evergreen ligustrums providing a classic Hill Country landscape. Located just minutes from Main Street in City of Bandera-known as the Cowboy Capital of the World-this property offers close proximity to local dining, live music, and year-round attractions & events. This is a project property with multiple exit strategies: renovate, rent, resell, or redevelop.
Sold
Price Unknown
803 15th, Bandera, TX 78003
1beds
1,315sqft
Single Family Residence
Built in ----
0.72 Acres Lot
$139,900 Zestimate®
$--/sqft
$1,277 Estimated rent
Home value
$139,900
Estimated sales range
Not available
$1,277/mo
Zestimate® history
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List your homeWhat's special
Mature oak treesEvergreen ligustrumsCorner lotClassic hill country landscapeEstablished crape myrtles
Zillow last checked:
Listing updated:
Listed by:
Thad Emmons TREC #560861 (210) 861-0654,
Emmons Real Estate
Source: LERA MLS,MLS#: 1961302
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Area: 456
- Dimensions: 24 x 19
Primary bathroom
- Features: Tub/Shower Combo, Single Vanity
- Area: 35
- Dimensions: 7 x 5
Dining room
- Area: 336
- Dimensions: 24 x 14
Kitchen
- Area: 112
- Dimensions: 16 x 7
Living room
- Area: 414
- Dimensions: 23 x 18
Heating
- Window Unit, Electric
Cooling
- Two Window/Wall
Appliances
- Laundry: Washer Hookup
Features
- Two Living Area, Separate Dining Room, Utility Room Inside, 1st Floor Lvl/No Steps, Master Downstairs, Ceiling Fan(s)
- Flooring: Other
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: One, Living Room, Wood Burning
Interior area
- Total interior livable area: 1,315 sqft
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Pool features: None
Lot
- Size: 0.72 Acres
- Features: Corner Lot, 1/2-1 Acre, Level
Details
- Additional structures: Shed(s)
- Parcel number: 13800000010010
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Single Family Residence
Materials
- 4 Sides Masonry, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- As-Is,Pre-Owned
- New construction: No
Utilities & green energy
- Electric: BEC
- Sewer: City
- Water: City, Water System
Community & neighborhood
Community
- Community features: None
Location
- Region: Bandera
- Subdivision: Indian Waters
Other
Other facts
- Listing terms: Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | -- |
Source:  LERA MLS #1961302 Report a problem | ||
| 5/1/2026 | Pending sale | $139,900$106/sqft |
Source: LERA MLS #1961302 Report a problem | ||
| 4/25/2026 | Listed for sale | $139,900$106/sqft |
Source: LERA MLS #1961302 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $877 -66.7% | $95,697 -34% |
| 2024 | $2,632 +546.9% | $145,080 +83.4% |
| 2023 | $407 -2% | $79,088 +10% |
| 2022 | $415 | $71,898 +10% |
| 2021 | -- | $65,362 +10% |
| 2020 | $370 | $59,420 +0.3% |
| 2019 | -- | $59,270 +0.2% |
| 2018 | -- | $59,180 +8.7% |
| 2017 | -- | $54,460 |
| 2016 | -- | $54,460 -0.2% |
| 2015 | -- | $54,590 |
| 2014 | -- | $54,590 -8.8% |
| 2013 | -- | $59,880 |
| 2012 | -- | $59,880 +12.3% |
| 2010 | -- | $53,298 +10% |
| 2009 | -- | $48,453 +10% |
| 2008 | -- | $44,048 +10% |
| 2007 | -- | $40,044 |
Find assessor info on the county website
Neighborhood: 78003
Nearby schools
GreatSchools rating
- 6/10Alkek Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 6/10Bandera Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Bandera High SchoolGrades: 9-12Distance: 0.4 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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Estimated market value
$139,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$139,900
- Texas
- Bandera County
- Bandera
- 78003
- 803 15th
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