Market Research Report: 126 Private Road 1510
Background
126 Private Road 1510 is a residential property located in Bandera, Texas, within the Holiday Villages of Medina, a gated resort community near Medina Lake. The property comprises a 2008 Cavco mobile home featuring two bedrooms and two bathrooms, with a total interior area of 896 square feet. Situated on a corner lot, the property includes an above-ground pool and a fully fenced backyard, enhancing its appeal for both seasonal and year-round residents.
Key Strategic Focus
The property's strategic focus centers on providing a comfortable and secure living environment within a resort-style community. Key features include:
- Community Amenities: Access to a clubhouse, swimming pool, hot tub, miniature golf, multi-use courts, picnic areas, waterfront park, boat launch, fishing pier, RV pads with full hookups, and a gated entrance with a ranger station.
- Location: Proximity to Medina Lake offers recreational opportunities such as boating and fishing, appealing to outdoor enthusiasts.
- Property Features: The mobile home is designed for easy maintenance and comfort, suitable for both short-term getaways and permanent residence.
Financials and Funding
As a privately held residential property, specific financial details such as purchase price, operating expenses, and revenue are not publicly disclosed. The property's valuation is influenced by factors including its location within a desirable community, the condition of the mobile home, and the amenities offered.
Technological Platform and Innovation
The property does not incorporate advanced technological platforms or proprietary technologies. However, the community's amenities and the mobile home's design contribute to a comfortable and secure living environment.
Leadership Team
As a privately owned residential property, there is no formal leadership team associated with 126 Private Road 1510. Management and maintenance responsibilities are typically handled by the property owner or a designated property management company.
Competitor Profile
Market Insights and Dynamics:
- Property Valuation: The property's Zestimate is approximately $154,100, with an estimated sales range between $129,000 and $179,000.
- Rental Potential: The estimated monthly rent is $1,189, indicating potential for rental income.
Competitor Analysis:
- Similar Properties: Other properties within the Holiday Villages of Medina and surrounding areas offer comparable amenities and pricing, contributing to a competitive market for vacation and residential homes.
Strategic Collaborations and Partnerships
The property benefits from its location within the Holiday Villages of Medina, a gated community that provides shared amenities and a secure environment, enhancing its appeal to potential buyers and renters.
Operational Insights
The property's location within a resort community offers a distinct competitive advantage, providing access to a range of amenities and recreational opportunities that enhance its attractiveness to potential residents and visitors.
Strategic Opportunities and Future Directions
Opportunities for the property include:
- Rental Income: Leveraging the property's rental potential to generate consistent income, especially during peak tourist seasons.
- Community Engagement: Participating in community events and activities to enhance the property's visibility and appeal.
- Maintenance and Upgrades: Investing in property maintenance and potential upgrades to increase its market value and attractiveness.
Contact Information
For inquiries or more information about 126 Private Road 1510, please refer to the property listing.