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Est. payment /mo
4 Beds
2 Baths
1,344 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type One Story
Listing Status Active
Purchase Type For Sale
Square Footage 1,344 sqft
MLS Listing ID 2027888
Style One Story
Bedrooms 4
Full Baths 2
Year Built 2018
Annual Tax Amount $2,750
Lot Size 10,367 Sqft
Acres 0.238
Property Sub-Type One Story
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.
Location
State TX
County Bandera
Area 2400
Interior
Heating Central, 2 Units
Cooling Two Central
Flooring Laminate
Exterior
Exterior Feature Siding, Cement Fiber
Garage Spaces 4.0
Roof Type Metal
Building
Sewer Septic
Water Co-op Water
Schools
Elementary Schools Alkek
Middle Schools Bandera
High Schools Bandera
School District Bandera Isd
Others
Acceptable Financing Conventional, FHA, VA, Cash
Listing Terms Conventional, FHA, VA, Cash
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Listed by Michael Godinez • eXp Realty • (210) 625-0061