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$850,000

1100 Madrona Ridge Dr, Bandera, TX, 78003

$1,021,998 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,939 Sq Ft
price_per_sqft$289.21 / sqft
Year BuiltBuilt in 1999

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1 acre

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN141866
Lot Number10
SubdivisionMadrona Ridge
Land UseAgriculture / Farming
Legal DescriptionMADRONA RIDGE BLK 1 LT 10 PT 1 ACRES
Census Tract000301
Assessed Land Value$38,920
Assessed Improvement Value$468,870
Assessment Year2025

About this property

Enjoy peaceful country living on this 10+ acres with an agricultural exemption, centered around a fabulous two-story home perched on a scenic ridge. This inviting 4-bedroom, 3-bath home features a fireplace, walk-in pantry, utility room, along with thoughtful upgrades including a newer roof, tile flooring, and an enlarged primary mater bath walk in shower paired with a Jacuzzi tub. Two bedrooms downstairs with two offices / man Cave for the convince of working at home with BEC fiber in this beautiful home. Two bedrooms and one full bath upstairs with a private balcony studio. Step outside to a back patio with a beautiful waterfall feature-an ideal spot to unwind and take in the setting. The property also offers a garage, carport, storage building, water softener, and paved driveway, combining country charm with everyday convenience.

Investor Tools

$476,274Estimated Mortgage Balance
$392,726Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,021,997
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,214 /month
Positive
Cash Flow Estimate:
$1,738 /month

Interested in this property?

Babo Teich

Teich Properties, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$867/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,058
$507,790
2025
$38,920
$468,870
$507,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,058
$507,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Novus Home Mortgage
Conventional
$504,000
No
First
May 3, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,274
$392,726
45%
55%
$3,022/mo

City: Bandera

1100 Madrona Ridge Dr | Property Details | No Agent List