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Tre Serrano

tre@callthecavalrygroup.com +1(914) 282-2370

$ 139,900

Est. payment -/mo

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803 15th Bandera, TX 78003

1 Bed

2 Baths

1,315 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Residential

Listing Status Active

Purchase Type For Sale

Square Footage 1,315 sqft

Price per Sqft $106

Subdivision Indian Waters

MLS Listing ID 1961302

Style One Story,Spanish

Bedrooms 1

Full Baths 1

Half Baths 1

Construction Status Pre-Owned

HOA Y/N No

Annual Tax Amount $2,731

Tax Year 2025

Lot Size 0.717 Acres

Property Sub-Type Single Residential

Property Description

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.

Location

State TX

County Bandera

Area 2400

Rooms

Master Bathroom Main Level 7X5 Tub/Shower Combo, Single Vanity

Master Bedroom Main Level 24X19 DownStairs

Living Room Main Level 23X18

Dining Room Main Level 24X14

Kitchen Main Level 16X7

Interior

Heating Window Unit

Cooling Two Window/Wall

Flooring Other

Fireplaces Number 1

Inclusions Ceiling Fans, Washer Connection

Heat Source Electric

Exterior

Exterior Feature Patio Slab, Storage Building/Shed

Parking Features Two Car Garage, Attached

Pool None

Amenities Available None

Roof Type Metal

Private Pool N

Building

Lot Description Corner, 1/2-1 Acre, Level

Faces East

Foundation Slab

Sewer City

Water Water System, City

Construction Status Pre-Owned

Schools

Elementary Schools Alkek

Middle Schools Bandera

High Schools Bandera

School District Bandera Isd

Others

Miscellaneous Investor Potential,As-Is

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Thad Emmons • Emmons Real Estate • (210) 861-0654

NEARBY SCHOOLS & PROPERTIES

Tre Serrano

Team Lead | License ID: 687355

+1(914) 282-2370

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Tre Serrano

803 15th Bandera, TX 78003

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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803 15th