








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Bandera at 461 Royal Ridge, Bandera, TX, 78003 listed at $699,000 pairs $1,770/mo rent with a $3,421/mo payment. Total monthly income runs $1,770/mo. Return on cash invested measures 3.36% in year one, and rental yield registers 3.04% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 15.28% and total cumulative return in cash totals $35,150. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,770/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78003, Bandera, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 3,748 (66.8%) |
| Renter Occupied HU | 736 (13.1%) |
| Vacant Housing Units | 1,127 (20.1%) |
| Median Home Value | $274,510 |
| Average Home Value | $383,783 |
Residential
3,940
Single Family
3,864
Multi-Family
76
Businesses
460
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $699,000 |
| 2025-03-25 | Listing removed | $675,000 |
| 2024-11-22 | Price change | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Heather Mutz • Homestead & Ranch Real Estate
Mls Name: SABOR
Mls Provider:
Mls ID: #1870477
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.