1,344 sqft

$179,900

289 CHAPARRAL DR, BANDERA TX, 78003

Price per sqft$133.85

Built in2018

Property size1,344 sqft

Property typeMulti-family

Overview

Active

New

Listed Nov 3, 2026

Updated 36h ago

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.

$1,197/mo

Est. mortgage payment based on a $179,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes: $2,751
Tax Frequency: Annually

Courtesy of Michael Godinez, eXp Realty

Listing Contact: (888) 519-7431

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Data last updated 5:18 AM UTC, 11/4/2026

$179,900

Overview

$1,197/mo

Down payment--

Loan details30-year fixed, 7%

Property tax--

HOA fees--

Other Property Details