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Active
605 Lakeshore Ln Bandera, TX 78003
2.82 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type RV Park
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1941279
Year Built 2017
Annual Tax Amount $2,909
Lot Size 2.820 Acres
Acres 2.82
Property Sub-Type RV Park
Property Description
Rare Cash Flowing Hill Country Investment Opportunity: Medina River RV Park and Camping. Secure a turnkey, cash-flowing property on the Medina River between San Antonio and Bandera. This meticulously maintained park features 16 full-hookup 20/30/50-amp RV sites and 2 tent sites, with ample space to add at least 6 more RV sites for immediate expansion. The property currently operates at a strong 9.37% cap rate with a projected 18.25% pro-forma upside achievable through simple operational adjustments like online bookings, rate optimization, and accepting short-term guests (no capital expenditure required as the infrastructure is already in place for growth). The park offers an incredible utility moat including dual water sources with both city water and a private well, 6 metered electrical poles, high-speed fiber internet, and 6 permitted conventional septic systems designed for high capacity. Guest-centric amenities include on-site laundry, shower and restroom facilities, a park office with storage, covered RV and boat storage, and exclusive riverfront park access. Strategically designed for remote management, the property boasts extra-wide sites, mature trees for natural privacy, fencing, concrete pads, covered pavilions, and a park-owned security system. Ideally located for a diverse mix of short-term vacationers and long-term residents, this park offers the perfect combination of buy-and-hold stability and massive value-add potential. Capitalize on the untapped revenue streams of this high-performing Hill Country property. Schedule your tour today!
Location
State TX
County Bandera
Area 3100
Zoning UNRESTRICTED
Exterior
Garage Spaces 60.0
Utilities Available Electricity, Water, Septic, Other
Amenities Available Exterior Lighting, Security System, High Speed INternet, Fenced Storage Yard, Inside Storage, Outside Storage, Living Area, Public Restroom, Security Fence, Security Lighting
Roof Type Metal
Schools
School District Bandera Isd
Others
Acceptable Financing Sale Only, Cash, Conventional, Other
Listing Terms Sale Only, Cash, Conventional, Other
Listed by Thomas Martinez • Leverage Realty Consulting Group • (210) 878-6683