289 Chaparral Dr

Bandera, TX 78003

$219,000
Price
—
Beds
—
Baths
1,344 Sq. Ft.
$163 / Sq. Ft.
1,344
Sq. Ft.
$163
per Sq. Ft.
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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....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.
  1. Listed by Shane Neal • TREC #608871 • eXp Realty • shane@nealteam.com

Property Details for 289 Chaparral Drive

School District
Bandera Isd
Subdivision
ENCHANTED RIVER ESTATES 2
Exterior
Siding, Cement Fiber
LISTING UPDATED: 04/02/2026 09:35 AM

Property Details for 289 Chaparral Drive

StatusActive
MLS #1940929
Days on Market99
Taxes$2,950 / year
HOA Fees$150 / year
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / One Story
Year Built2018
Lot Size0.24 AC / 10,367 SF
CountyBandera County
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Location

Listing Courtesy of eXp Realty
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Building Information for 289 Chaparral Drive

Stories-Residences2Year Built2018Building Size-Lot Size0.24 AC / 10,367 SF

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$1,350 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,091

Property Taxes

$246

HOA Dues

$13

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Property Information for 289 Chaparral Drive

Summary
Location and General Information
  • Area: 2400
  • Elementary School: Alkek
  • Middle School: Bandera
  • High School: Bandera
  • Instruction/Direction: Head southeast on TX-173 S, Turn left onto Bottle Springs Rd, Turn left onto Chaparral Dr/Chaparral Ct E
  • Accessible/Adaptive Home: No
  • County: Bandera
  • State: TX
  • Zip: 78003
  • City: Bandera
Taxes and HOA Information
  • HOA Mandatory: Mandatory
  • HOA Name: ENCHANTED RIVER HOME OWNERS ASSOCIATION
  • Multiple HOA: No
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 12576000010230
Property
Property and Assessments
  • Legal Description: Enchanted River Estates 2 Blk 1 Lt 23 0.238 Acres
  • Subdivision Legal Name: ENCHANTED RIVER ESTATES 2
  • Builder Name: UNKNOWN
  • Year Built: 2018
  • Type: One Story
Lot Information
  • Source Sqft: Appsl Dist
  • Legal Desc-Lot: 23
  • Square Feet: 1344.0
  • Apprx Age: 8
  • Lot Size: 0.238
Utilities
  • Air Conditioning: Two Central
  • Heat: Central, 2 Units
  • Heating Fuel: Electric
  • Water/Sewer: Septic, Co-op Water
  • Meters: Separate Electric, Common Water
Interior and Exterior Features
Interior Features
  • Flooring: Laminate
Exterior Features
  • Exterior Features: Mature Trees, Controlled Access
  • Construction: Pre-Owned
  • Roofing: Metal
  • Proposed Terms: Conventional, FHA, VA, TX Vet, Cash
Multi Family
Multi-Family Information
  • Annual Operating Expense: 5740.0
  • Gross Annual Income: 26440.0
  • Operating Expense Includes: Taxes, Maintenance, Services
  • Net Operating Income: 20700.0
Unit 1
  • Unit 1 Info: Oven/Stove, Dishwasher, Refrigerator, Washer, Dryer
  • U1 Occupied: Yes
  • U1 Bedroom: 2
  • U1 Fulls Baths: 1
  • U1 Half Baths: 0
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 2
  • U1 Park Type: Street
  • U1 Rent: $1,000.00
Unit 2
  • Unit 2 Info: Oven/Stove, Refrigerator, Washer Connection, Dryer Connection
  • U2 Occupied: Yes
  • U2 Bedroom: 2
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 2
  • U2 Park Type: Street
  • U2 Rent: $1,350.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 289 Chaparral Drive

DateEvent & SourcePriceAppreciation
Feb 17, 2026

Price Change

SABOR #1940929

$219,000—
Feb 12, 2026

Listed (Active)

SABOR #1940929

$454,000—
Jan 9, 2026

Expired

SABOR #1891342

$219,900—
DateEvent & SourcePrice
02/17/2026

Price Change

SABOR #1940929

$219,000
02/12/2026

Listed (Active)

SABOR #1940929

$454,000
01/09/2026

Expired

SABOR #1891342

$219,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 289 Chaparral Drive

Taxable ValueLand$21,570Additions$138,180Total$159,750
Tax Record2021$2,663 ($222 / month)
Home Facts
Beds0Total Finished SqFt1,344 SqFtAbove Grade Finished SqFt1,344 SqFtStories1Lot Size20,430 SqFtStyleSingle Family ResidenceYear Built2018Year Renovated2018CountyBANDERAAPN165997

Schools near 289 Chaparral Drive

This home is within Bandera Independent School District.
Rating
School
Type
Grades
Distance
Alkek Elementary School
Public - PK to 5
Bandera Middle School
Public - 6 to 8
Bandera High School
Public - 9 to 12
Hill Country Elementary School
Public - PK to 5
Rating
School
Distance
Alkek Elementary School
PublicPK to 5

Bandera Middle School
Public6 to 8

Bandera High School
Public9 to 12

Hill Country Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 289 Chaparral Drive, Bandera, TX 78003

289 Chaparral Drive is a multi-family home for sale in Bandera, TX 78003. This property was listed for sale on February 12, 2026 by eXp Realty, it's currently listed at $219,000. This listing's school district is Bandera Independent School District. Nearby schools include Alkek Elementary School, Bandera Middle School and Bandera High School. 289 Chaparral Drive is a 0-bed, 0-bath, 1,344 sqft multi-family home built in 2018.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

Based on information from one of the following Multiple Listing Services: Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.