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Jeannette Spinelli

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

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1986 Fm 3240 , Bandera, TX 78003
$790,000
Est. Payment: $3,967.28/mo
0 Bed
0 Bath
8250 Sqft
Status: active | Days on site: 11
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jeannette Spinelli
Broker Associate & Founder

House Description

Excellent Investment Opportunity in the Growing Texas Hill Country! Located less than 3 miles from downtown Bandera, this established 62-unit self-storage facility offers immediate cash flow, proven performance, and exceptional upside potential. Situated on 2.884 acres, the property features substantial excess land, providing ample room for facility expansion, additional storage units, RV and boat storage, trailer parking, contractor yards, or other income-producing improvements. The property boasts approximately 260 feet of Highway 3240 frontage and nearly 483 feet of depth, offering excellent visibility, accessibility, and exposure in a rapidly growing market. The facility has maintained 100% occupancy throughout the current owner's ownership, demonstrating strong demand and consistent revenue generation. Current rents are believed to be below market, creating a significant opportunity for a new owner to increase revenue through rental rate adjustments while capitalizing on continued demand in the area. With virtually no vacancy history and strong local growth, investors have the opportunity to enhance cash flow through both operational improvements and physical expansion. The property's excess acreage provides tremendous flexibility for future development, including additional storage buildings, covered parking, RV and boat storage, trailer parking, equipment storage, or other value-add uses. Few properties offer this combination of stable income, expansion potential, and under-market rents. Property Highlights: Established 62-unit self-storage facility 2.884 acres with substantial excess land Approximately 260 feet of Highway 3240 frontage Less than 3 miles from downtown Bandera Consistent occupancy under current ownership Under-market rents with immediate revenue growth potential Significant upside through expansion and rate optimization Potential for RV, boat, trailer, and equipment parking Strong visibility, accessibility, and demand drivers Immediate cash flow with long-term value-add opportunities This is a rare opportunity to acquire a high-performing storage facility with multiple avenues for growth, including rental increases, additional storage development, and expansion into RV, boat, and trailer parking. The combination of strong occupancy, under-market rents, and abundant expansion space creates a compelling investment opportunity in the thriving Texas Hill Country.

Highlights

Listed by Charles Acosta , (210) 483-5000 RE/MAX Preferred, REALTORS , (210) 483-5000. LERA MLS - Local Expertise Regional Access mls logo

Property Type

Commercial Sale

Lot/Acreage
2.88

Year Built

1997

County

Bandera

Area

2400

School District

Bandera Isd

Listing ID

1992274

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:2 - 5 Acres,Level
Garage Capacity:100
Zoning:COMMERCIAL
Roof:Metal
Principal Interest
$3,967
Taxes
$647

Home Price

$790,000

Loan Details

30 yrs
6.434%

Down Payment

20%
$158,000
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:
$3,967.28

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,967.28 $647.26 $0.00 $4,614.54
Yearly $47,607.33 $7,767.13 $0.00 $55,374.46
Total $1,428,219.92 $233,013.90 $0.00 $1,661,233.82

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: 2026-07-17T18:27:39.000Z

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