For Sale
Multi family home for sale at 605 Lakeshore Ln, Bandera, TX 78003 | MLS# 1941213 | Listing updated on 2026-03-18
Photo 1 of Multi family home for sale at 605 Lakeshore Ln, Bandera, TX 78003 | MLS# 1941213 | Listing updated on 2026-03-18
Photo 2 of Multi family home for sale at 605 Lakeshore Ln, Bandera, TX 78003 | MLS# 1941213 | Listing updated on 2026-03-18
Photo 3 of Multi family home for sale at 605 Lakeshore Ln, Bandera, TX 78003 | MLS# 1941213 | Listing updated on 2026-03-18
Photo 4 of Multi family home for sale at 605 Lakeshore Ln, Bandera, TX 78003 | MLS# 1941213 | Listing updated on 2026-03-18
28+
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Street View

$469,900

Monthly Est:$2,339

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

605 Lakeshore Ln, Bandera, TX 78003

$2,339/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 2017

  • $-- HOA

  • 2.82 acres lot

  • --/sqft

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!

  • Houzeo last checked: 3 minutes ago
  • Listing updated: March 18, 2026 at 12:23 pm
  • Listing Provided by: Thomas Martinez | Leverage Realty Consulting Group (800) 401-0199
  • Source: LERA MLS-TX | MLS#: 1941213 LERA MLS-TX

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Bandera County

  • City

    Bandera

  • Neighborhood

    --

  • Year Built

    2017

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    2.82 acres lot

  • Basement Area

    - sqft

  • MLS Name

    LERA MLS

  • MLS Number

    1941213

  • MLS Status

    ACT

  • Days on Market

    240

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Location

HOA Management

LAKE MEDINA SHORES OWNERS ASSOCIATION

HOA Fees

$120/

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Other Features

  • Subdivision Name

    Lake Medina Shores

Price History

DateEventPrice

02/13/2026

Source: mls_logoLERA MLS-TX #1941213

Listed for Sale

$469,900 +526.53%

$0/sqft

11/06/2017

Source: mls_logoLERA MLS-TX #1081127

Sold

$75,000

$0/sqft

Nearby Homes

Based on information from the San Antonio Board of REALTORS® MLS through Oct 11, 2026, 10:00AM. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed. © 2026 San Antonio Board of REALTORS - All Rights Reserved.

Advertising Broker: David Montalvo | CapTex Realty