About This Home

This 0-bedroom, 0-bathroom other at 1986 Fm 3240 in Bandera, TX is listed for $775,000 ($94 per sqft). Built in 1997, the home offers 8,250 sqft of living space on a 2.88 acres lot.

Key Features

  • Built in 1997
  • 2.88 acre lot

Property Details

1 story
1997
Listing Description

Owner Financing Available 100k Down 6.5 Interest 5 year balloon. Excellent Investment Opportunity in the Growing Texas Hill Country! Located less than 3 miles from downtown Bandera, this established 62-unit self-storage facility offers immediate cash flow, proven performance, and exceptional upside potential.

Situated on 2.884 acres, the property features substantial excess land, providing ample room for facility expansion, additional storage units, RV and boat storage, trailer parking, contractor yards, or other income-producing improvements. The property boasts approximately 260 feet of Highway 3240 frontage and nearly 483 feet of depth, offering excellent visibility, accessibility, and exposure in a rapidly growing market.

The facility has maintained 98 percent occupancy throughout the current owner's ownership, demonstrating strong demand and consistent revenue generation. Current rents are believed to be below market, creating a significant opportunity for a new owner to increase revenue through rental rate adjustments while capitalizing on continued demand in the area.

With virtually no vacancy history and strong local growth, investors have the opportunity to enhance cash flow through both operational improvements and physical expansion. The property's excess acreage provides tremendous flexibility for future development, including additional storage buildings, covered parking, RV and boat storage, trailer parking, equipment storage, or other value-add uses.

Few properties offer this combination of stable income, expansion potential, and under-market rents. Property Highlights: Established 62-unit self-storage facility 2.884 acres with substantial excess land Approximately 260 feet of Highway 3240 frontage Less than 3 miles from downtown Bandera Consistent occupancy under current ownership Under-market

rents with immediate revenue growth potential Significant upside through expansion and rate optimization Potential for RV, boat, trailer, and equipment parking Strong visibility, accessibility, and demand drivers Immediate cash flow with long-term value-add opportunities This is a rare opportunity to acquire a high-performing storage facility with

multiple avenues for growth, including rental increases, additional storage development, and expansion into RV, boat, and trailer parking. The combination of strong occupancy, under-market rents, and abundant expansion space creates a compelling investment opportunity in the thriving Texas Hill Country.

Monthly Cost Estimate

$4,145/mo

20% down · 6.5% · 30 years

Principal$560
Interest$3,358
Insurance$226

Estimates only. Actual payments may vary.

Location

1986 Fm 3240

Bandera, TX 78003

Questions & Answers

This 0-bedroom, 0-bathroom other at 1986 Fm 3240 is listed at $775,000 ($94/sqft). The estimated monthly payment is $4,145 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1997, 2.88 acre lot.

This property is listed by Charles Acosta and can be reached at (210) 392-2745.

CA

Charles Acosta

Agent at REMAX Associated Boerne

(210) 392-2745
Agent website

Listed by REMAX Associated Boerne · Broker phone: (210) 392-2745 · Broker website

MLS# 1992274· Source: LERA MLS· 85 days on PropertySimple

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1986 Fm 3240, Bandera, TX 78003

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