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$89,000

450 Park Drive, Bandera, TX, 78003

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths22,215 Sq Ft
price_per_sqft$4.01 / sqft

About this property

This rare 3-lot parcel makes for an ideal building site with three lots adjoining on Park Drive. It's fairly level and full of healthy trees. The seller also owns 3 more lots that back up to this property on Mustang Drive, with the option to buy 3 or all 6 lots and create a very nice compound of almost an acre of land bordering Mustang Drive on one side and Park Drive on the other. The seller is very flexible on pricing if buying all or half of the 6 lots at the same time. Let's make some magic happen on this one!

Investor Tools

$0Estimated Mortgage Balance
$89,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$534 /month
Positive
Cash Flow Estimate:
$178 /month

Interested in this property?

Daniel Kubinski

Crowned Eagle Realty

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Financing Details

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

City: Bandera

450 Park Drive | Property Details | No Agent List