








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 692 PR 1509, Bandera, TX, 78003 earns $595/mo cash flow from $1,920/mo rent with a $881/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $7,140/yr on $59,670 capital. ROI tracks 31.87% on current figures, and rental yield reads 12.8% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 168.53% and total cumulative return in cash sums $100,565. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Manufactured
Built in 2018
10,018 sqft lot
$N/A/sqft
$45 monthly 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 |
|---|---|---|
| 2024-09-13 | Listed for sale | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $83.50 | 19.46% | $25,289 | -6.34% |
| 2022-10-16 | $69.90 | -82.58% | $27,000 | 21.62% |
| 2021-10-16 | $401.28 | 10.86% | $22,200 | 16.84% |



Listed by: Harriet Hearne • Gail Stone Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1808641
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.