Bandera · Highland Waters
$1,725,000 108 days on market
Reduced from $1,750,000
· −1.4%
5322 State Hwy 16 N None, Bandera, TX 78008
- 5bedrooms
- 5bathrooms
- 4,729sqft
- 6.6acres
- 1920year built
About this home
Welcome to Diamond H, a historic Medina River estate offering privacy, character, and riverfront living just minutes from downtown Bandera. The property may be enjoyed as a private residence or continue as a turn-key, income-producing property using the existing professional management company, subject to buyer confirmation. Fully furnished interiors are included, featuring antique and period-appropriate furnishings that complement the historic character of the estate; certain items are negotiable.
Set on approximately 6.62 acres with direct, private access to the crystal-clear Medina River, this 1920s-era Hill Country property provides a distinctive residential retreat in a highly sought-after location. The main residence spans approximately 4,729 square feet and includes five bedrooms and five full bathrooms, with multiple gathering areas suited for everyday living and hosting guests. Original stone interior walls, historic finishes, and architectural details reflect authentic Hill Country craftsmanship, complemented by functional updates that support modern use. The home includes two full kitchens, generous storage, and flexible living spaces adaptable to a variety of lifestyles.
A secondary building of approx 1,800 sf offers four additional bedrooms and four bathrooms, providing comfortable accommodations for guests, extended family, or private retreats. Total improvements measure approximately 7,000 sf with nine bedrooms and nine bathrooms across the estate.
Outdoor amenities include mature trees, open gathering areas, easement access to river frontage ideal for swimming or relaxing, and an irrigated pecan and peach orchard.
Located approx 10 minutes from Bandera’s restaurants, shopping, and live music venues, with practical access to Kerrville, Comfort, Fredericksburg, and nearby Hill Country destinations including Lost Maples State Natural Area and Garner State Park. A rare blend of history, natural beauty, and everyday livability along the Medina River.
Property
- Type
- Single Family Residence
- Levels
- One
- Year built
- 1920
- Lot size
- 6.62 acres
- Subdivision
- Highland Waters
- MLS #
- ACT2403398
Inside
- Bedrooms
- 5
- Bathrooms
- 5
- Living area
- 4,729 sqft
- Fireplaces
- 2
Outside / parking
- Waterfront
- Yes
Schools
- Elementary
- Alkek Elementary
- High school
- Bandera High
- District
- Bandera Isd
Costs
- Est. annual taxes
- $12,356 (2025)
Listing
- First listed
- Jan 23, 2026
- Days listed
- 108
- Original price
- $1,750,000
- Status
- Active
Listed by Brian Stamness, Phyllis Browning Company · [email protected] · MLS# ACT2403398 · Active
Estimate your monthly payment
Loan
Yearly costs
Monthly payment
$0
Total monthly
- Principal & interest
- $0
- Property tax
- $0
- Insurance
- $0
- HOA
- $0
- Loan amount
- $0
Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.
