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301 MADRONA LN, Bandera, TX, 78003

2beds
1baths
952sqft
$170,000
$179price/sqft
$1,365/moest. monthly cost
$54,600/yrincome needed

About This Home

Welcome to Your Texas Hill Country Escape! Looking for the ultimate blend of rustic charm, unbeatable location, and endless versatility? This adorable two-story cottage offers a golden opportunity for savvy investors, weekend adventurers, or anyone seeking a cozy slice of the Texas Hill Country. Situated just four minutes from downtown Bandera, you are practically on the doorstep of the legendary "Cowboy Capital of the World." Enjoy instant convenience to historic honky-tonks, local eateries, shopping, and vibrant community events. Step outside onto a massive, beautifully crafted wooden wraparound porch. Shaded by mature trees and lined with string lighting, it is the perfect spot to sip your morning coffee, enjoy the evening breeze, or entertain guests. Inside, the home opens up into a spacious living room and kitchen area featuring warm wood-look flooring and bright white walls. The easy flow makes the space feel incredibly open, inviting, and easy to manage. The main floor features a highly functional kitchen with ample cabinet space, a full bathroom complete with classic warm tiling, and a separate laundry hookup room for ultimate convenience. Walk up the central staircase to find the second-story loft space, perfect for creating a cozy master retreat or a multi-bed bunkroom for vacation renters. Thanks to its incredible location and layout, this home is a blank canvas for your vision. It is ideally set up to be a highly profitable short-term Airbnb rental, a steady long-term investment property, or your very own private weekend getaway house. Schedule a tour today to experience this quaint Bandera cottage for yourself!

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

6/10
Alkek Elementary SchoolGrades PK-52.7 mi
6/10
Bandera Middle SchoolGrades 6-80.8 mi
4/10
Bandera High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Pre-Owned
  • Year built: 2012

Materials

  • Roof: Metal
  • Construction materials: Siding,Fiber Cement

Other

  • Builder name: Anderson Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Range,Plumbed For Ice Maker,Vented Exhaust Fan,Electric Water Heater
  • Laundry features: Main Level,Laundry Room,Washer Hookup,Dryer Connection

Bedroom2

  • Area: 80

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • One Living Area,Liv/Din Combo,Utility Room Inside,All Bedrooms Upstairs,Open Floorplan,Ceiling Fan(s)
  • Window features: Double Pane Windows,Window Coverings
  • Flooring: Ceramic Tile,Wood
  • Fireplace features: Not Applicable

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 952 sqft

Kitchen

  • Area: 81

Living Room

  • Area: 323

Master Bedroom

  • Level: Upper
  • Area: 144

Property

Details

  • Parcel number: 16800000000271

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Deck
  • Fencing: Chain Link,Partial
  • Residential vegetation: Mature Trees,Mature Trees (ext feat)

Lot

  • Lot size: 7,797 sqft
  • Features: Level

Parking

  • Parking features: None

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
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Hail
Strong Wind
Tornado
Winter Weather
Cold Wave
Drought
Wildfire

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $859$10,308
Home Insurance *$79$948
Property Taxes $189$2,268
Electricity $238$2,859
Total$1,365$16,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,800/yr
40% on housing$40,950/yr
45% on housing$36,400/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 78003$161
Bandera County$247

vs Homes Sold Last Month

Median $/sqft

ZIP 78003$204
Bandera County$231

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

DateEventPrice
2026-08-18Price change$157,500
2026-08-04Price change$165,000
2026-07-10Price change$170,000
2025-05-04Listing removed$1,400
2025-03-29Listed for rent$1,400
2025-03-07Price change$194,900
2025-02-01Price change$199,990
2025-01-13Price change$205,000
2024-12-18Listed for sale$210,000
2024-06-21Listing removed--
2024-06-07Price change$1,400
2024-06-03Listed for rent$1,450
2023-05-16Listing removed--
2023-05-06Listed for rent$1,350
2021-06-08Sold--
2021-05-25Pending sale$142,000
2021-04-24Contingent$142,000
2021-04-14Listed for sale$142,000
2019-12-03Listing removed$102,000
2019-10-03Price change$102,000
2019-09-30Listed for sale$105,000
2019-07-29Listing removed$105,000
2019-07-23Price change$105,000
2019-07-11Price change$98,500
2019-07-04Listed for sale$99,900
2017-04-26Sold--

For Sale by Agent

AgentChristopher Galvan
BrokerageKeller Williams Heritage

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