539 Rio Luna Dr, Bandera, TX, 78003
About This Home
Tucked away in the scenic Texas Hill Country, this charming one-bedroom, one-bath studio in Bandera offers the perfect blend of peaceful living and convenience. Surrounded by natural beauty, you’ll love enjoying frequent wildlife sightings and the serene atmosphere that makes this property feel like a true hidden retreat. Located in a neighborhood with access to the beautiful Medina River, you can spend your days relaxing by the water or exploring the outdoors. Just minutes from downtown Bandera, you’ll have easy access to local shopping, dining, and the well-known Bandera Fairgrounds, where community events and entertainment bring the area to life. As an added bonus, the additional lot available next door for purchase, includes RV hookups—perfect for guests, extra flexibility, or added investment potential. Whether you’re looking to accommodate visitors or create additional income opportunities, this feature adds even more value to this unique Hill Country property in Bandera.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2016
Materials
- Foundation: Raised
- Roof: Metal
- Construction materials: Cement Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: Window Unit
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 240
- Total interior livable area: 240 sqft
Property
Details
- Parcel number: 147851
Features
- Stories: 2
Lot
- Lot size: 0.27 Acres
- Features: Subdivided,0 Up To 1/4 Acre
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Hail
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Drought
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $656 | $7,872 |
| Home Insurance * | $60 | $720 |
| Property Taxes | $87 | $1,044 |
| Electricity | $238 | $2,859 |
| Total | $1,041 | $12,492 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listed for sale | $129,900 |
| 2020-04-01 | Listing removed | $83,999 |
| 2019-09-12 | Price change | $83,999 |
| 2019-06-19 | Price change | $89,999 |
| 2019-04-12 | Listed for sale | $95,000 |
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