1986 Fm 3240, Bandera, TX

Name: 1986 Fm 3240, For Sale in Bandera - eXp Realty
Brand: RE/MAX Preferred, REALTORS
SKU: 1992274
Price: 790000 USD

House

For Sale

Listed price in listed location currency (USD).

$790,000

000

MLS® 1992274

Key Facts
Description
Map

Key Facts

Type Warehouse

Levels Commercial Sale

Size 8250 sqft

Garage

Taxes $7,767

Days Active 4

Lot Size 2.884 Acres

Approx. Age 1997

Avg. Price Per Sqft $95

MLS® Number 1992274

Property Address: 1986 Fm 3240, Bandera, TX, 78003-5224

Average square foot calculated using Size range provided by listing agent.

Description

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 100% 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.

MLS® Number1992274

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1997

Basement

Driveway

Garage Spaces

HeatNone

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 16, 2026List Date

$790,000List Price

Commute

Commute

Starting Address

Destination Address

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