289 CHAPARRAL DR
Property Description
Fully leased and cash-flowing from day one! This duplex-style investment at 289 Chaparral sits in the gated Enchanted River Estates, just minutes from the heart of Bandera and tucked between the Medina River and a nearby creek. Each unit offers 2 bedrooms and 1 bath, for 1,344 total square feet. Both sides are currently leased at $1,000/month, for $2,000 in monthly rent ($24,000 annually), plus a flat-rate water reimbursement from each tenant. Inside, you'll find high ceilings and attractive laminate flooring. Outside, a durable metal roof keeps long-term maintenance low. Tenants pay their own electric, internet, and trash, which keeps ownership simple. It's a turnkey addition to any portfolio, and owner-occupants can plan to move into one side down the road and let the other help pay the mortgage. All of this comes in a scenic, gated community close to Bandera's shops, dining, and river access.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $179,900 |
| Year Built: | 2018 |
| Lot Size: | 1,344.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-SABORTX-2027888
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