Description
Rare Cash Flowing Hill Country Investment Opportunity: Medina River RV Park and Camping. Secure a turnkey, cash-flowing property on the Medina River between San Antonio and Bandera. This meticulously maintained park features 16 full-hookup 20/30/50-amp RV sites and 2 tent sites, with ample space to add at least 6 more RV sites for immediate expansion. The property currently operates at a strong 9.37% cap rate with a projected 18.25% pro-forma upside achievable through simple operational adjustments like online bookings, rate optimization, and accepting short-term guests (no capital expenditure required as the infrastructure is already in place for growth). The park offers an incredible utility moat including dual water sources with both city water and a private well, 6 metered electrical poles, high-speed fiber internet, and 6 permitted conventional septic systems designed for high capacity. Guest-centric amenities include on-site laundry, shower and restroom facilities, a park office with storage, covered RV and boat storage, and exclusive riverfront park access. Strategically designed for remote management, the property boasts extra-wide sites, mature trees for natural privacy, fencing, concrete pads, covered pavilions, and a park-owned security system. Ideally located for a diverse mix of short-term vacationers and long-term residents, this park offers the perfect combination of buy-and-hold stability and massive value-add potential. Capitalize on the untapped revenue streams of this high-performing Hill Country property. Schedule your tour today!
Details
| MLS # | 1941213 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 2017 |
| Days On Site | 198 |
| Listing Provided By | Leverage Realty Consulting Group | Thomas Martinez |
Features
| Units | 24 |
|---|---|
| Acreage | 2.82 |
Interior
| Heating Fuel | Electric |
|---|
Exterior
| Exterior | Other |
|---|---|
| Exterior Features | Patio Slab, Covered Patio, Mature Trees, Detached Quarters, Common Utility Room, Workshop, Garage Apartment, Water Front Improved, Partially Wooded, Mature Trees (ext feat), Level, Improved Water Front, Lake Medina, Water Access |
| Foundation | Other |
Utilities
| Waterorsewer | Septic, City |
|---|
Taxes
| Tax Property Id | 00936003110044 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 2909.09 |
Area Information
| State | TX |
|---|---|
| County | Bandera |
| City | Bandera |
| Zip Code | 78003 |
| Area | Bandera |
| Community Name | LAKE MEDINA SHORES |
| School District | Bandera Isd |
| Elementary School | Alkek |
| High School | Bandera |
| Listing VS Median (in LAKE MEDINA SHORES) | |
Price: $469,900 low | high Med: $150,000 On site: 198 low | high Med: 30 | |
Market Activity 78003
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Learn More About This Property
| State | TX |
|---|---|
| County | Bandera |
| City | Bandera |
| Zip Code | 78003 |
| Area | Bandera |
| Community Name | LAKE MEDINA SHORES |
| School District | Bandera Isd |
| Elementary School | Alkek |
| High School | Bandera |
| Listing VS Median (in LAKE MEDINA SHORES) | |
Price: $469,900 low | high Med: $150,000 On site: 198 low | high Med: 30 | |
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Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
