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$599,000

318 S Polly Peak Drive, Bandera, TX, 78003

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

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Microwave, Water Softener
FlooringCarpet, Ceramic Tile, Tile

Exterior

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

$335,838Estimated Mortgage Balance
$198,798Estimated Equity
37% 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

Interested in this property?

Yolanda Dittmar

Dittmar Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/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
$335,838
$198,798
37%
63%
$2,135/mo

City: Bandera

318 S Polly Peak Drive | Property Details | No Agent List