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Need cash buyer
Lakefront House on Medina Lake in Bandera, TX (yes flood zone obviously) lake flood 2002 but did not reach house.
Endless possibilites. Upstairs is a 3 bedroom 1 bath home. Downstairs can be converted into a one bedroom guest house or rental. Already has bathroom,full shower, toilette and hook ups for a kitchenette. Or turn it into a workshop or home bar/gaming room.
Home also has a drive through garage with private boat ramp and an elevated dock and floating dock.
Would be a fishing enthusiast dream fixer upper. Or a great opportunity to own a vacation rental on the lake.
Needs a little work and carpet paint
Asking Price: $125k
ARV: $175k+ (dependent on lake is full or not)
Comps:
701 Lakeshore Dr S – 4 bed / 2 bath, 1,800 sq ft, currently listed around $245,000 (≈ $135/sq ft list).
716 Lakeshore Dr S – 2 bed / 2 bath, 1,056 sq ft; automated value around $168,923 (≈ $160/sq ft).
826 Lakeshore Dr S – 816 sq ft on 6,273 sq ft lot; Redfin estimate about $96,600 (≈ $118/sq ft).
155 Lakeshore Dr S (waterfront, bigger lot) – appraisal-district market value $175,900 for ~1,008 sq ft (≈ $174/sq ft).
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Need cash buyer
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