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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

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

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.

Where this home sits

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