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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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289 Chaparral Dr , Bandera, TX 78003
$198,000
Est. Payment: $994.33/mo
4 Bed
2 Bath
1344 Sqft
Status: active | Days on site: 131
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

Located in the gated Enchanted River Estates near the heart of Bandera, this duplex-style property at 289 Chaparral offers an exceptional investment opportunity with stunning Hill Country views. Nestled between the Medina River and a nearby creek, the property features two units, each offering 2 bedrooms and 1 bathroom, for a total of 1,344 square feet. Both sides rent for $1,175 per month, providing a total potential income of $2,350, with one side already rented and the other ready for occupancy. High ceilings and beautiful laminate flooring enhance the interior appeal, while a durable metal roof adds long-term stability and peace of mind. The strong rental market in the area, along with Airbnb potential, makes this an ideal opportunity for investors or owner-occupants looking to live in one unit while renting the other-all within a scenic, gated community close to Bandera amenities.
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Highlights

Listed by Shane Neal , (726) 245-8941 eXp Realty , (726) 245-8941. LERA MLS - Local Expertise Regional Access mls logo

Property Type

Multi-Family
Lot/Acreage
0.24

HOA Fee

150 Annually

Year Built

2018

County

Bandera

Area

2400

 Neighborhood

Enchanted River Estates 2

 School District

Bandera Isd

Listing ID

1940929

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Two Central
Fireplaces:
Floor:Laminate

Exterior Features

Roof:Metal
Others:Mature Trees,Controlled Access
Sewer:Septic,Co-op Water
Principal Interest
$994
Taxes
$246
HOA
$150

Home Price

$198,000

Loan Details

30 yrs
6.434%

Down Payment

20%
$39,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$994.33

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $994.33 $245.81 $150.00 $1,390.14
Yearly $11,931.96 $2,949.69 $1,800.00 $16,681.65
Total $357,958.92 $88,490.70 $54,000.00 $500,449.62

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Bandera, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

IDX service by Blueroof 360

Data last updated: 2026-07-17T16:26:40.000Z

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