$265,000
SOLD AUG 14, 2020
Last list price

518 Park Dr Bandera, TX 78003

3 Beds
2.5 Baths
2,088 Sq Ft
1.3 Acres

Recently Sold

$127 Per Sq Ft

784 Days on Market

Highlights

  • Spa
  • Secluded Lot
  • Country Style Home
  • Deck
  • Wood Flooring
  • Main Floor Primary Bedroom

About This Home

As of August 2020

REDUCED: Amazing 3/2 (aprox) 2088 sq ft Lake-house - amazing views to live full time or just enjoy the weekend away. Home is setup for entertainment and enjoyment of the lakeview from a wall of Patio doors overlooking Medina Lake. Enjoy your BBQ right outside on the covered upper patio. There is a gourmet kitchen and lots of open area upstairs to relax. Easy access from outside upstairs or from within the home. Exquisite shower/tub to upstairs for a romantic evening, or a jetted relaxing tub downstairs. All Bedrooms are downstairs with laundry and walk-in closet space for bedrooms.

Last Agent to Sell the Property

Andrea McGilvray

Cowboy Capital Realty Inc License #0574141 Listed on: 05/21/2018

Last Buyer's Agent

- Non-Member Sales

Non-member Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,146

Year Built

  • Built in 2007

Lot Details

  • 1.3 Acre Lot
  • Property fronts a county road
  • Xeriscape Landscape
  • Secluded Lot
  • Level Lot

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Country Style Home
  • Brick Veneer
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Laundry on lower level

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathtub with Shower
  • Spa Bath

Outdoor Features

  • Spa
  • Deck
  • Separate Outdoor Workshop

Schools

  • Alkek Elementary School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Phone Available

Community Details

  • Lake Medina Sh Subdivision

Listing and Financial Details

  • Tax Block J

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,146

Year Built

Built in 2007

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Lot Size: 1.3
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Subdivision Name: Lake Medina Sh (BAND)
  • Directions: Bandera, S on 173, Down Wharton Doc, Turn R Terrace Dr., R Park Dr
  • Architectural Style: Hill Country
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2007
  • Kitchen Level: Second
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Electric Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood, Tile
  • Interior Amenities: High Ceilings, Shower Stall, Shower/Bath Combo
  • Living Area: 2088
  • Window Features: Double Pane Windows
  • Living Room Living Room Level: Second
  • Room Bedroom3 Area: 144
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 144
  • Room Bedroom3 Level: First
  • Room Living Room Area: 336
  • Room Master Bedroom Area: 225
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: First
  • Room Kitchen Area: 225
  • Dining Room Dining Room Level: Second
  • Room Dining Room Area: 315

Exterior Features

  • Lot Features: Secluded, Level
  • Waterfront Features: None
  • Construction Type: Brick Veneer
  • Exterior Features: Xeriscaped
  • Foundation Details: Slab
  • Other Structures: Workshop
  • Patio And Porch Features: Deck/Patio
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage/Carport

Utilities

  • Laundry Features: Lower Level
  • Cooling: Central Air, Heat Pump, Electric, Forced Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Licensed
  • Utilities: Electricity Connected, Phone Available
  • Water Source: Central

Condo/Co-op/Association

  • Association Fee: 105
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Alkek

Lot Info

  • Lot Size Sq Ft: 56628
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 4146
  • Tax Block: J

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Aug 14, 2020
Sold by
Franke Richard
Bought by
Moore Megan
Seller's Agent
Andrea McGilvray
Cowboy Capital Realty Inc
Buyer's Agent
- Non-Member Sales
Non-member Sales
List Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Original Mortgage
$238,500
Outstanding Balance
$212,516
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$261,184

Purchase Details

Closed on
Mar 8, 2016
Sold by
Moeller Charles L and Moeller Virginia
Bought by
Franke Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Mission Title
Vendors Lien -- Alamo Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $35,000 Credit Line Revolving
Open $238,500 New Conventional
Previous Owner $193,500 New Conventional
Previous Owner $193,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Off Market -- -- --
08/26/2025 08/26/25 For Sale $494,000 0.0% $237 / Sq Ft
08/15/2025 08/15/25 Price Changed $494,000 -1.0% $237 / Sq Ft
07/08/2025 07/08/25 For Sale $499,000 0.0% $239 / Sq Ft
07/08/2025 07/08/25 Off Market -- -- --
06/27/2025 06/27/25 For Sale $499,000 +88.3% $239 / Sq Ft
08/14/2020 08/14/20 Sold -- -- --
07/15/2020 07/15/20 Pending -- -- --
05/22/2018 05/22/18 For Sale $265,000 0.0% $127 / Sq Ft
11/28/2012 11/28/12 Off Market $1,350 -- --
08/15/2012 08/15/12 Rented $1,350 0.0% --
07/21/2012 07/21/12 For Rent $1,350 0.0% --
07/21/2012 07/21/12 Rented $1,350 -- --
Source: Kerrville Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,170 $310,290 $21,830 $288,460
2023 $4,239 $314,600 $27,680 $291,940
2022 $4,664 $286,000 $29,520 $256,480
2021 $4,802 $265,000 $29,520 $235,480
2020 $4,236 $232,870 $16,020 $216,850
2019 $4,395 $232,870 $16,020 $216,850
2018 $3,617 $230,490 $13,640 $216,850
2017 $4,142 $219,820 $7,230 $212,590
2016 $4,142 $219,820 $7,230 $212,590
2015 -- $215,650 $7,230 $208,420
2014 -- $215,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Kerrville Board of REALTORS®

MLS Number: 96127

APN: 155922