289 Chaparral Dr, Bandera, TX 78003

$179,900
1,344
SqFt

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List Price
$179,900
Status
NEW
MLS#
2027888
Living Area
1,344
Lot Size
10,367

Property Description

Fully leased and cash-flowing from day one! This duplex-style investment at 289 Chaparral sits in the gated Enchanted River Estates, just minutes from the heart of Bandera and tucked between the Medina River and a nearby creek. Each unit offers 2 bedrooms and 1 bath, for 1,344 total square feet. Both sides are currently leased at $1,000/month, for $2,000 in monthly rent ($24,000 annually), plus a flat-rate water reimbursement from each tenant. Inside, you'll find high ceilings and attractive laminate flooring. Outside, a durable metal roof keeps long-term maintenance low. Tenants pay their own electric, internet, and trash, which keeps ownership simple. It's a turnkey addition to any portfolio, and owner-occupants can plan to move into one side down the road and let the other help pay the mortgage. All of this comes in a scenic, gated community close to Bandera's shops, dining, and river access.

Additional Information

Exterior Features
Mature Trees, Controlled Access
Roof
Metal
Construction
Pre-Owned
School District
Bandera Isd
Elementary School
Alkek
High School
Bandera
Middle School
Bandera
Street Name
Chaparral Dr
Street Number
289
Acres
0.24
County
Bandera
Floor
Laminate
Heating
Central, 2 Units

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Michael Godinez (transactions@thegodinezgroup.com) from Listing Office: eXp Realty.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

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