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Days204Days on Market
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$359,000

415 8th, Bandera, TX, 78003

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths900 Sq Ft
price_per_sqft$398.89 / sqft
Year BuiltBuilt in 1943

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
CoolingCooling
FlooringTile

Exterior

Exterior FeaturesOther
Lot Size13,852 sqft

Building Information

Year Built1943
Stories1
Roof Type112

Land Information

APN176638
Lot Number18
SubdivisionBandera City
Land UseResidential
Legal DescriptionBANDERA RNG 7 LT 18 0.318 ACRES
Census Tract000101
Assessed Land Value$69,260
Assessed Improvement Value$51,970
Assessment Year2025

About this property

A value packed property with the kind of land, layout, and long term potential buyers and investors don’t often find in Bandera. This 1 bed, 1 bath home offers 900 sq ft of well used living space on an impressive 0.32 acre lot, giving you room to live comfortably now and expand later. Inside, the home is warm, functional, and easy to maintain, featuring a spacious living area, an efficient kitchen that flows into the dining space, and a generously sized bedroom with a well kept bathroom. It’s the kind of setup that works for a first time buyer, someone downsizing, or anyone wanting a quiet Hill Country retreat. For investors, the property comes with a rental history, currently leased for $1,300/month on 1–2 year terms, offering a proven track record for income potential.The home is tenant occupied, making it a solid portfolio candidate. The oversized 0.32 acre lot is a standout advantage. Whether you envision a workshop, a guest unit, expanded outdoor living, or simply wide open space, the lot gives you flexibility that’s hard to find in town. The property sits just minutes from Bandera’s historic Main Street, the Medina River, parks, local restaurants, and everything that gives Bandera its signature charm. You get convenience without sacrificing privacy. With its combination of usable land, manageable living space, proven rental stability, and room to grow, 415 8th St stands out as a practical, high potential opportunity in the heart of Bandera. Homes offering this kind of value, flexibility, and upside don’t sit on the market long. Schedule your showing today and see how this property can fit your plans, whether personal, investment, or both.

Investor Tools

$0Estimated Mortgage Balance
$355,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

Interested in this property?

Annalisa Rios

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,979
$121,230
2025
$69,260
$51,970
$121,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,979
$121,230

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$355,000
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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415 8th | Property Details | No Agent List