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$593,000

NAL Estimated Property Value

318 S Polly Peak, Bandera, TX, 78003

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,355 Sq Ft
price_per_sqft$254.35 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Microwave, Oven, Range, Cooktop, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size5 acres

Building Information

Year Built2014
Stories1
Roof Type105

Land Information

APN187979
Lot Number476B
SubdivisionBandera Ranch Acres 2
Land UseResidential
Legal DescriptionBANDERA RANCH ACRES 2 LT 476B 5 ACRES
Census Tract000103
Assessed Land Value$207,000
Assessed Improvement Value$328,070
Assessment Year2025

About this property

Located in the heart of the Texas Hill Country in Bandera, the Cowboy Capital of the World, this beautiful single-story home offers breathtaking panoramic views stretching for miles-far enough to see the town of Bandera in the distance. The home features 4 bedrooms, 3 bathrooms, vaulted ceilings, a wood-burning fireplace, and a flex room ideal for an office or additional living space. The kitchen includes granite countertops, stainless steel appliances, electric range, center island, and abundant cabinetry. The spacious primary suite offers a sitting area and large walk-in closets. Additional features include a laundry room with sink, water softener, two water heaters, and plenty of storage. Step outside to a huge balcony perfect for enjoying morning coffee, Hill Country sunrises, stunning sunsets, and incredible dark skies at night. Outdoor amenities include a pool and hot tub, 36x24 covered carport, a detached building that can serve as guest quarters or storage, and a workshop located underneath the home. Well-insulated and south-facing, this property offers peaceful Hill Country living with spectacular views.

Investor Tools

Property Icon
$593,000
Estimated Property Value
$334,676Estimated Mortgage Balance
$258,324Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,319
$534,636
2025
$207,000
$328,070
$535,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,319
$534,636

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$356,000
No
First
Feb 3, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,676
$258,324
43%
56%
$2,135/mo

City: Bandera

318 S Polly Peak | Property Details | No Agent List