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$1,375,000

NAL Estimated Property Value

247 Betty Dr, Bandera, TX, 78003

$1,787,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,400 Sq Ft
price_per_sqft$916.66 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Oven, Refrigerator, Microwave, Range
FlooringConcrete, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size23.27 acres

Building Information

Year Built2022
Stories1
Roof Type112
Garage Spaces19

Land Information

APN151168
Lot Number174
SubdivisionExotic Acres
Land UseAgriculture / Farming
Legal DescriptionEXOTIC ACRES 1 LT 174 50A- 50B 23.27 ACRES
Census Tract000103
Assessed Land Value$665,196
Assessed Improvement Value$709,804
Assessment Year2025

About this property

Luxury Riverfront Ranch Retreat 23.27 Unrestricted Acres on the Medina River Must See! Unique property with unlimited potential, offering both business and residential functions in one location. Imagine building your dream home right next to the Medina River, while utilizing the unrestricted land for cash flow and business ventures. Whether you envision a private estate, an income-producing operation, or a one-of-a-kind retreat, this property delivers. It also features three separate access points for added privacy, functionality, and future utility. At the heart of the property is a newly constructed 80' x 60' barndominium, crafted for those who value both luxury and functionality. The lower level offers a massive 4,800 sq. ft. garage/workshop with soaring 24-foot ceilings-perfect for large-scale projects, storage, business use, or an impressive vehicle collection. Above it sits a sleek, fully furnished 2,400 sq. ft. modern residence with contemporary finishes and an open-concept layout, offering style and comfort in every detail. Just outside, an expansive 800 sq. ft. rooftop patio provides the ideal setting for entertaining guests, enjoying scenic river views, or relaxing under the Hill Country stars. Additional features include a detached 40' x 30' garage/workshop, over 11,000 sq. ft. of newly paved asphalt for easy navigation and ample parking, and professional white rock zeroscaping that enhances curb appeal while minimizing maintenance. Nature lovers and outdoor enthusiasts will be captivated by the abundant free-roaming wildlife, including axis deer and native game, making this an exceptional hunting or nature observation property. The direct river access is perfect for fishing, kayaking, swimming, or simply enjoying peaceful moments by the water.

Investor Tools

Property Icon
$1,375,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,375,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,787,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,200 /month
Positive
Cash Flow Estimate:
$4,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,042/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,624
$1,375,000
2025
$665,196
$709,804
$1,375,000
Yes (2010)

Tax History

Year
Tax Paid
Assessed Value
2024
$17,624
$1,375,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,375,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bandera

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247 Betty Dr | Property Details | No Agent List