605 Lakeshore Ln

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Description

Rare Cash Flowing Hill Country Investment Opportunity: Medina River RV Park and Camping. Secure a turnkey, cash-flowing property on the Medina River between San Antonio and Bandera. This meticulously maintained park features 16 full-hookup 20/30/50-amp RV sites and 2 tent sites, with ample space to add at least 6 more RV sites for immediate expansion. The property currently operates at a strong 9.37% cap rate with a projected 18.25% pro-forma upside achievable through simple operational adjustments...Rare Cash Flowing Hill Country Investment Opportunity: Medina River RV Park and Camping. Secure a turnkey, cash-flowing property on the Medina River between San Antonio and Bandera. This meticulously maintained park features 16 full-hookup 20/30/50-amp RV sites and 2 tent sites, with ample space to add at least 6 more RV sites for immediate expansion. The property currently operates at a strong 9.37% cap rate with a projected 18.25% pro-forma upside achievable through simple operational adjustments like online bookings, rate optimization, and accepting short-term guests (no capital expenditure required as the infrastructure is already in place for growth). The park offers an incredible utility moat including dual water sources with both city water and a private well, 6 metered electrical poles, high-speed fiber internet, and 6 permitted conventional septic systems designed for high capacity. Guest-centric amenities include on-site laundry, shower and restroom facilities, a park office with storage, covered RV and boat storage, and exclusive riverfront park access. Strategically designed for remote management, the property boasts extra-wide sites, mature trees for natural privacy, fencing, concrete pads, covered pavilions, and a park-owned security system. Ideally located for a diverse mix of short-term vacationers and long-term residents, this park offers the perfect combination of buy-and-hold stability and massive value-add potential. Capitalize on the untapped revenue streams of this high-performing Hill Country property. Schedule your tour today!
  1. Listed by Thomas Martinez • TREC #811495 • Leverage Realty Consulting Group • Thomas@HireLeverageGroup.com

Property Details for 605 Lakeshore Lane

School District
Bandera Isd
Subdivision
LAKE MEDINA SHORES
Exterior
Other
LISTING UPDATED: 03/18/2026 07:23 AM

Property Details for 605 Lakeshore Lane

StatusActive
MLS #1941213
Days on Market91
Taxes$2,909 / year
HOA Fees$120 / year
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / One Story
Year Built2017
Lot Size2.82 AC / 122,839 SF
CountyBandera County

Location

Listing Courtesy of Leverage Realty Consulting Group
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Building Information for 605 Lakeshore Lane

Stories-Residences24Year Built2017Building Size-Lot Size2.82 AC / 122,839 SF

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Principal and Interest

$2,366

Property Taxes

$242

HOA Dues

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Property Information for 605 Lakeshore Lane

Summary
Location and General Information
  • Area: 3100
  • Elementary School: Alkek
  • Middle School: Bandera
  • High School: Bandera
  • Instruction/Direction: From Bandera Main St, Turn right onto TX-173 S, Continue to follow TX-173 S, Turn left onto Whartons Dock Rd, Turn left onto Walton's Dock Rd/Whartons Dock Rd, Continue to follow Whartons Dock Rd, Slight left onto Northeast Dr, Turn left on Lakeshore Dr N
  • Accessible/Adaptive Home: No
  • County: Bandera
  • State: TX
  • Zip: 78003
  • City: Bandera
Taxes and HOA Information
  • HOA Mandatory: Mandatory
  • HOA Name: LAKE MEDINA SHORES OWNERS ASSOCIATION
  • Multiple HOA: No
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 00936003110044
Property
Property and Assessments
  • Legal Description: Multiple (see exhibit A)
  • Subdivision Legal Name: ABST 936
  • Builder Name: Multi
  • Year Built: 2017
  • Type: One Story
Lot Information
  • Legal Desc-Lot: 23-31
  • Apprx Age: 9
  • Lot Size: 2.82
Utilities
  • Air Conditioning: Window/Wall
  • Heat: Other
  • Heating Fuel: Electric
  • Water/Sewer: Septic, City
  • Meters: Separate Electric, Separate Water, Common Water, Common Electric
  • Utility Supplier: Gas: Private
  • Utility Supplier: Electricity: BEC
  • Utility Supplier: Garbage: Apache
  • Utility Supplier: Water: Multi
  • Utility Supplier: Sewer: Septic
Interior and Exterior Features
Interior Features
  • Flooring: Laminate
Exterior Features
  • Exterior Features: Patio Slab, Covered Patio, Mature Trees, Detached Quarters, Common Utility Room, Workshop, Garage Apartment, Water Front Improved, Partially Wooded, Mature Trees (ext feat), Level, Improved Water Front, Lake Medina, Water Access
  • Roofing: Metal
  • Foundation: Other
  • Proposed Terms: Conventional, Cash, Investors OK, Other
Multi Family
Multi-Family Information
  • Annual Operating Expense: 23567.0
  • Gross Annual Income: 67575.0
  • Operating Expense Includes: Taxes, Insurance, Maintenance, Management, Licenses/Permits, All Utilities, Equipment, Services, Miscellaneous, Other
  • Net Operating Income: 44008.0
Unit 1
  • Unit 1 Info: Security System, Other
  • U1 Occupied: Yes
  • U1 Bedroom: 0
  • U1 Fulls Baths: 0
  • U1 Half Baths: 0
  • U1 Handicap Access: Yes
  • U1 Num of Parking Spaces: 3
  • U1 Park Type: Pad
  • U1 Rent: $435.00
Unit 2
  • Unit 2 Info: Security System, Other
  • U2 Occupied: Yes
  • U2 Bedroom: 0
  • U2 Full Baths: 0
  • U2 Half Baths: 0
  • U2 Handicap Access: Yes
  • U2 Num of Parking Spaces: 3
  • U2 Park Type: Pad
  • U2 Rent: $435.00
Unit 3
  • Unit 3 Info: Security System, Other
  • U3 Occupied: Yes
  • U3 Bedroom: 0
  • U3 Full Baths: 0
  • U3 Half Baths: 0
  • U3 Handicap Access: Yes
  • U3 Num of Parking Spaces: 3
  • U3 Park Type: Pad
  • U3 Rent: $435.00
Unit 4
  • Unit 4 Info: Security System, Other
  • U4 Occupied: Yes
  • U4 Bedroom: 0
  • U4 Full Baths: 0
  • U4 Half Baths: 0
  • U4 Handicap Access: Yes
  • U4 Num of Parking Spaces: 3
  • U4 Park Type: Pad
  • U4 Rent: $435.00
Unit 5
  • Unit 5 Info: Security System, Other
  • U5 Occupied: Yes
  • U5 Bedroom: 0
  • U5 Full Baths: 0
  • U5 Half Baths: 0
  • U5 Num of Parking Spaces: 3
  • U5 Handicap Access: Yes
  • U5 Park Type: Pad
  • U5 Rent: $435.00
Unit 6
  • U6 Occupied: Yes
  • U6 Park Type: Pad
  • Unit 6 Info: Security System, Other
  • U6 Bedroom: 0
  • U6 Full Baths: 0
  • U6 Half Baths: 0
  • U6 Num of Parking Spaces: 3
  • U6 Handicap Access: Yes
  • U6 Rent: $435.00
Unit 7
  • Unit 7 Info: Security System, Other
  • U7 Bedroom: 0
  • U7 Full Baths: 0
  • U7 Half Baths: 0
  • U7 Num of Parking Spaces: 3
  • U7 Handicap Access: Yes
  • U7 Park Type: Pad
  • U7 Rent: $435.00
Unit 8
  • Unit 8 Info: Security System, Other
  • U8 Occupied: Yes
  • U8 Bedroom: 0
  • U8 Full Baths: 0
  • U8 Half Baths: 0
  • U8 Handicap Access: Yes
  • U8 Num of Parking Spaces: 3
  • U8 Park Type: Pad
  • U8 Rent: $435.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 605 Lakeshore Lane

DateEvent & SourcePriceAppreciation
Feb 13, 2026

Listed (Active)

SABOR #1941213

$469,900—
Oct 30, 2017

Sold

SABOR #1081127

—
Jul 7, 2017

Pending

SABOR #1081127

—
DateEvent & SourcePrice
02/13/2026

Listed (Active)

SABOR #1941213

$469,900
10/30/2017

Sold

SABOR #1081127

—
07/07/2017

Pending

SABOR #1081127

—

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

Public Records for 605 Lakeshore Lane

Taxable ValueLand$48,730Additions-Total$48,730
Tax Record2024$824 ($69 / month)
Home Facts
Total Finished SqFt360 SqFtAbove Grade Finished SqFt360 SqFtLot Size43,560 SqFtStyleOffice BuildingCountyBANDERAAPN138546

Schools near 605 Lakeshore Lane

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
Hill Country Elementary School
PublicPK to 5

Bandera Middle School
Public6 to 8

Bandera High School
Public9 to 12

Alkek 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

605 Lakeshore Lane is a multi-family home for sale in Bandera, TX 78003. This property was listed for sale on February 13, 2026 by Leverage Realty Consulting Group, it's currently listed at $469,900. It has been on the market for a total of 91 days and was last sold on October 30, 2017. This listing's school district is Bandera Independent School District. Nearby schools include Hill Country Elementary School, Bandera Middle School and Bandera High School. 605 Lakeshore Lane is a 0-bed, 0-bath, multi-family home built in 2017.

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 Leverage Realty Consulting Group

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.