297 Chaparral Dr

Beds
Baths
882 Sq. Ft.
$266 / Sq. Ft.
882
Sq. Ft.
$266
per Sq. Ft.

Description

This income-producing duplex offers a fantastic live-in-one, rent-the-other opportunity near the heart of Bandera, surrounded by beautiful Hill Country views and close to a creek and Medina Lake. The property features two units, each with 1 bedroom and 1 bathroom, for a total of 2 bedrooms and 2 bathrooms, with each side currently renting for $1,200 per month. One unit is already rented, providing immediate income, while the other offers flexibility for owner occupancy or additional rental potential....This income-producing duplex offers a fantastic live-in-one, rent-the-other opportunity near the heart of Bandera, surrounded by beautiful Hill Country views and close to a creek and Medina Lake. The property features two units, each with 1 bedroom and 1 bathroom, for a total of 2 bedrooms and 2 bathrooms, with each side currently renting for $1,200 per month. One unit is already rented, providing immediate income, while the other offers flexibility for owner occupancy or additional rental potential. The property may be purchased separately or together with 289 Chaparral, making it a versatile and attractive option for investors seeking a strong rental opportunity in a desirable area.
  1. Listed by Shane Neal • TREC #608871 • eXp Realty • shane@nealteam.com

Property Details for 297 Chaparral Drive

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

Property Details for 297 Chaparral Drive

StatusActive
MLS #1940930
Days on Market108
Taxes$2,483 / year
HOA Fees$150 / year
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / One Story
Year Built2022
Lot Size0.23 AC / 10,062 SF
CountyBandera County

Location

Listing Courtesy of eXp Realty
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Building Information for 297 Chaparral Drive

Stories-Residences2Year Built2022Building Size-Lot Size0.23 AC / 10,062 SF

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Principal and Interest

$1,171

Property Taxes

$207

HOA Dues

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Property Information for 297 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: 12576000010220
Property
Property and Assessments
  • Legal Description: Enchanted River Estates 2 Blk 1 Lt 22 0.231 Acres
  • Subdivision Legal Name: ENCHANTED RIVER ESTATES 2
  • Builder Name: UNKNOWN
  • Year Built: 2022
  • Type: One Story
Lot Information
  • Source Sqft: Appsl Dist
  • Legal Desc-Lot: 22
  • Square Feet: 882.0
  • Apprx Age: 4
  • Lot Size: 0.231
Utilities
  • Air Conditioning: Window/Wall
  • Heat: 1 Unit
  • Heating Fuel: Electric
  • Water/Sewer: Septic, Co-op Water
  • Meters: Separate Electric, Common Water
Interior and Exterior Features
Interior Features
  • Flooring: Carpeting, Ceramic Tile, 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: 5940.0
  • Gross Annual Income: 28800.0
  • Operating Expense Includes: Taxes, Maintenance, All Utilities, Services
  • Net Operating Income: 22860.0
Unit 1
  • Unit 1 Info: Oven/Stove, Refrigerator
  • U1 Occupied: Yes
  • U1 Bedroom: 1
  • U1 Fulls Baths: 1
  • U1 Half Baths: 0
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 1
  • U1 Park Type: Street
  • U1 Rent: $1,200.00
Unit 2
  • Unit 2 Info: Oven/Stove
  • U2 Occupied: Yes
  • U2 Bedroom: 1
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 1
  • U2 Park Type: Street
  • U2 Rent: $1,200.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 297 Chaparral Drive

DateEvent & SourcePriceAppreciation
Feb 12, 2026

Listed (Active)

SABOR #1940930

$235,000
Jan 9, 2026

Expired

SABOR #1891340

$235,000
Aug 2, 2025

Listed (Active)

SABOR #1891340

$235,000
DateEvent & SourcePrice
02/12/2026

Listed (Active)

SABOR #1940930

$235,000
01/09/2026

Expired

SABOR #1891340

$235,000
08/02/2025

Listed (Active)

SABOR #1891340

$235,000

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

Schools near 297 Chaparral Drive

This home is within Bandera Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

297 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 $235,000. This listing's school district is Bandera Independent School District. Nearby schools include Alkek Elementary School, Bandera Middle School and Bandera High School. 297 Chaparral Drive is a 0-bed, 0-bath, 882 sqft multi-family home built in 2022.

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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.