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    257 Forest Trail Dr

    Bandera, TX 78003
    • $330,000
    • STATUS: New
    • ON SITE: 3 days
    • MLS #: 1524409
    New On Site 3 Days Ago
    UPDATED: 71 min ago
    $330,000
    • 0
      BEDS
    • 3.85
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,064
      SQFT
    • $310
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Multifamily Investment opportunity in Bandera, TX. Current cash flow property located in an exclusive and desired neighborhood minutes from HWY 16 and Bandera city center. Currently there are 4 units (2 mobile homes; 2 newly built cottages) that are rented and a 5th cottage partially constructed that will require completion. The seller has city approval on expansion plans to build 7 more cottages to increase cash flow and to the value of the 3.85 acre property if the new buyer chooses too. Septic and water systems upgraded and can be easily tapped into for additional units.

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    © 2021 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Neal & Neal Team - Keller Williams Realty-City View. Last updated 2021-05-07T08:32:20.38.
    www.mysanantoniohomesearch.com/homes/116724325
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    257 Forest Trail Dr Bandera, TX 78003

    • Price: $330,000
    • Status: New
    • Updated: 71 min ago
    • MLS #: 1524409
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.85
    Acres
    1,064
    SQFT
    $310
    $/SQFT
    1970
    Built
    Neighborhood:
    Bandera Ranch Acres
    County:
    Bandera
    Area:
    Bandera
    Elementary School:
    Call District
    Middle School:
    Call District
    High School:
    Call District
    School District:
    Bandera Isd
    Property Description
    Multifamily Investment opportunity in Bandera, TX. Current cash flow property located in an exclusive and desired neighborhood minutes from HWY 16 and Bandera city center. Currently there are 4 units (2 mobile homes; 2 newly built cottages) that are rented and a 5th cottage partially constructed that will require completion. The seller has city approval on expansion plans to build 7 more cottages to increase cash flow and to the value of the 3.85 acre property if the new buyer chooses too. Septic and water systems upgraded and can be easily tapped into for additional units.
    Exterior Features

    Exterior Other Exterior Features Mature TreesDetached Quarters Foundation Other Roof MetalOther Unit Five Parking Spaces 1 Unit Five Parking Type Pad Unit Four Parking Spaces 1 Unit Four Parking Type Pad Unit One Parking Spaces 1 Unit One Parking Type Pad Unit Three Parking Spaces 1 Unit Three Parking Type Pad Unit Two Parking Spaces 1 Unit Two Parking Type Pad

    Interior Features

    Air Conditioning Window/WallOne Central Floor Other Heating Other Heating Fuel Natural Gas Unit Five Beds 2 Unit Five Full Baths 1 Unit Five Half Baths 0 Unit Five Handicap Access No Unit Five Info Not Applicable Unit Four Beds 3 Unit Four Full Baths 1 Unit Four Half Baths 0 Unit Four Handicap Access No Unit Four Info Not Applicable Unit One Beds 2 Unit One Full Baths 1 Unit One Half Baths 0 Unit One Handicap Access No Unit One Info Not Applicable Unit Three Beds 2 Unit Three Full Baths 1 Unit Three Half Baths 0 Unit Three Handicap Access No Unit Three Info Not Applicable Unit Two Beds 2 Unit Two Full Baths 1 Unit Two Half Baths 0 Unit Two Handicap Access No Unit Two Info Not Applicable

    Property Features

    Annual Operating Expense 8760 Approx Age 51 Builder Name Unk Construction Pre-Owned For Sale Or Rent For Sale Gross Annual Income 37800 Hoa Mandatory None Meters Separate ElectricSeparate GasCommon Water Multifamily Type One Story Net Operating Income 29040 Operating Expense Includes TaxesInsuranceMaintenanceManagement Potential Short Sale No Proposed Terms ConventionalCashInvestors Ok Recent Rehab No Source Sq Ft Appsl Dist Subdivision Legal Name Bandera Ranch Acres 2 Taxed By Multiple Counties No Total Tax 6384.02 Unit Five Rent 0 Unit Four Rent 650 Unit One Rent 650 Unit Three Rent 850 Unit Two Rent 800 Vacancy Rate 8 Water Sewer Septic

    Listing provided courtesy of Eugene Herbert of Go Time Realty.


    © 2021 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Neal & Neal Team - Keller Williams Realty-City View. Last updated 2021-05-07T08:32:20.38.
     
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    Neal & Neal Team - Keller Williams Realty-City View
    10999 IH10 W Suite 175
    San Antonio TX, 78230