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$80,000

LOT 50 & 51 Spanish Grant Cir, Bandera, TX, 78003

Off MarketInfo
Baths0 Bath

About this property

Golfers and nature lovers-your dream homesite has arrived! This premium 1/2-acre lot in the coveted Flying L Ranch just hit the market in Bandera! Combining two adjacent 1/4-acre lots (Lot 50 & Lot 51 in MLS), this rare and spacious property offers plenty of room to build your perfect home while soaking in the breathtaking Texas Hill Country views. Flat, buildable, and already cleared-ready for your vision! Utilities available (water, electric, internet). Serene residential neighborhood with a country feel. Just 5 minutes to downtown Bandera, the "Cowboy Capital of the World." Easy access to Medina Lake (20-30 min) & Loop 1604 (40 min). Love golf? The Flying L Golf Course is a stunning 19-hole course (yes, 19!) that welcomes players year-round, whether you're a beginner or a seasoned pro. The ranch is also teeming with Texas wildlife-whitetail and axis deer, antelope, wild turkeys, and even owls-making it a true nature retreat. Beyond golf, this vibrant community offers live music on most weekends, creekside fishing, horseback riding, a neighborhood park, pool, sports courts, a river park, and two on-site restaurants/grilles. If you're craving a lifestyle that blends outdoor adventure, small-town charm, and an easier pace of life, this is the perfect place to build and call home. Located on a quiet internal street in the highly sought-after Bandera ISD, this lot is zoned for Alkek Elementary, Bandera Middle, and Bandera High School. Don't miss this rare opportunity-come see it today and start envisioning your future in the heart of the Texas Hill Country!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$480 /month
Positive
Cash Flow Estimate:
$160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$175/month
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bandera

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LOT 50 & 51 Spanish Grant Cir | Property Details | No Agent List