Market Research Report: 218 Deerwood Circle, Bandera, TX 78003

Property Overview

218 Deerwood Circle is a custom-built, two-story stone residence located in the Flying L Ranch community of Bandera, Texas. The property encompasses 2,765 square feet of living space, featuring four bedrooms, two and a half bathrooms, and a two-car garage. Notable architectural elements include a floor-to-ceiling Hill Country stone fireplace and custom alder wood cabinetry and flooring. The primary suite offers a soaking tub, separate shower, and a walk-in closet with built-ins. The home is situated directly across from Hole 16 of the Flying L Ranch golf course, providing scenic views and a tranquil environment.

Market Analysis

Local Real Estate Market

As of December 2025, the median home price in Bandera, Texas, was $379,900, reflecting a 15.48% decrease year-over-year. The average price per square foot stood at $220, marking a 1.79% decline from the previous year. Properties in the area had an average of 121 days on the market, indicating a seller's market with more buyers than available homes.

Comparable Properties

• 218 Deerwood Circle, Bandera, TX 78003: Listed at $540,000 as of August 2025.

• 218 Deerwood Ct SE, Smyrna, GA 30082: Sold for $420,000 in September 2025.

• 218 Deerwood Ln N, Plymouth, MN 55441: Sold for $375,000 in November 2025.

These comparables suggest that properties with similar addresses in different locations have varying market values, influenced by regional demand and property features.

Market Dynamics

The Bandera real estate market exhibits characteristics of a seller's market, with limited inventory and sustained demand. Properties like 218 Deerwood Circle, offering unique features and prime locations, are well-positioned to attract discerning buyers seeking quality homes in the Texas Hill Country.