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278 Canyon Dr, Bandera, TX, 78003

--beds
--baths
--sqft
$35,000
--price/sqft
$453/moest. monthly cost
$18,120/yrincome needed

About This Home

Great opportunity to purchase your homesite lot at the end of a peaceful cul-de-sac in the desirable Bandera River Ranch. This fantastic, well-established neighborhood subdivision has reasonable restrictions and HOA fees which provide some great amenities including a pool, tennis and basketball courts, a large covered pavilion with an outdoor kitchen and grill, a playground and picnic areas, plus a 24-acre park on the Medina River. Architectural requirements include minimum build requirements of at least 1850 sf of living area for a single-story dwelling or for a 2-story dwelling that the main level be at least 1700 sf, an enclosed double car garage, and approval from an architectural committee. Due to Stage IV water restrictions, due to the drought, there is a temporary moratorium on new residential home building however it will be lifted once the restrictions are lowered to stage III. This is a great lot in a fabulous location with easy access to Highways 16 and 173. 30 mins to I-10 or Boerne, 45 mins to Kerrville.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

3/10
5/10
Bandera Middle SchoolGrades 6-83.9 mi
4/10
Bandera High SchoolGrades 9-123.3 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Unimproved Land,Rural Subdivision,Single Family Residence

Property

Details

  • Zoning: None

Features

  • Waterfront features: None
  • Residential vegetation: Wooded/Native Pasture

Lot

  • Lot size: 0.65 Acres

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
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Hail
Strong Wind
Tornado
Winter Weather
Cold Wave
Heat Wave
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 $176$2,112
Home Insurance *$16$192
Property Taxes $23$276
Electricity $238$2,859
Total$453$5,436
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$15,531/yr
40% on housing$13,590/yr
45% on housing$12,080/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 78003$163
Bandera County$248

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)

No zestimate history available

Price History

DateEventPrice
2025-08-13Price change$35,000
2024-03-05Listed for sale$50,000

For Sale by Agent

AgentLaura Fore
BrokerageFore Premier Properties

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