This 15+/- acre Hill Country estate features a 3,969 square foot main residence featuring 3 bedrooms and 3.5 baths, along with a 1,650 square foot guest house with 3 bedroom, 3.5 baths and no HOA. Set in the heart of the Texas Hill Country, this custom estate was carefully positioned to capture sweeping, virtually unobstructed views while providing the privacy and tranquility that make country living so rewarding. Every decision, from the placement of the homes to the broad, covered porches, was made to take full advantage of the surrounding landscape while creating a place where family and friends could gather, entertain, and enjoy the beauty of the land. A winding drive welcomes you to the impressive main residence, where native limestone accents, graceful architectural details, and deep, shaded porches create a timeless first impression. Inside, the home offers 3,969 square feet of thoughtfully designed living space, with tall ceilings, a grand foyer, spacious living and dining areas, a dedicated study with a gas burning fireplace, a media room, and an oversized gallery style hallway featuring inset display niches for artwork and treasured collections. The home is also wired for sound throughout, including the back porch, making it easy to set the mood indoors or out. At the heart of the home is a generously sized eat-in kitchen made for bringing people together. Equipped with a Viking dual fuel range featuring four burners and a double griddle, along with double ovens, the kitchen offers the space and functionality to prepare everything from casual family dinners to holiday meals. The adjoining living room, anchored by a gas burning fireplace, creates a warm and inviting space to gather, while a wood burning fireplace in the primary suite provides a peaceful retreat at the end of the day. The back porch is where the property really shows off. Coffee overlooking the rolling Hill Country in the morning, and evenings spent entertaining friends, sharing meals, or just taking in the quiet. Adding exceptional flexibility is the property's 1,650 square foot guest house, the original home on the property. Offering three bedrooms, three full baths, comfortable living spaces, and a charming wood burning stove, it provides an ideal setting for extended family, overnight guests, multigenerational living, or a private retreat of its own. Beautifully maintained grounds, mature live oaks, rare privacy, and panoramic Hill Country views complete a property that was designed not only as a home, but as a place where family traditions are made and memories are shared. Whether hosting holiday celebrations, welcoming guests for the weekend, or simply enjoying the peaceful surroundings, this is a rare opportunity to experience Texas Hill Country living at its finest.
For sale
$1,250,000
471 Settlement Rd, Bandera, TX 78003
3beds
4,165sqft
Single Family Residence
Built in 2008
15 Acres Lot
$1,157,200 Zestimate®
$300/sqft
$-- HOA
What's special
Panoramic hill country viewsDeep shaded porchesGrand foyerSweeping virtually unobstructed viewsTall ceilingsMedia roomBeautifully maintained grounds
- 35 days
- 178
- 2
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Georgina Tobin TREC #775213 (830) 796-5969,
Keller Williams Bandera
Source: LERA MLS,MLS#: 2009065
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Area: 378
- Dimensions: 21 x 18
Bedroom 2
- Area: 195
- Dimensions: 15 x 13
Bedroom 3
- Area: 169
- Dimensions: 13 x 13
Primary bathroom
- Features: Tub/Shower Separate, Double Vanity
- Area: 276
- Dimensions: 23 x 12
Dining room
- Area: 330
- Dimensions: 22 x 15
Kitchen
- Area: 483
- Dimensions: 23 x 21
Living room
- Area: 391
- Dimensions: 23 x 17
Office
- Area: 168
- Dimensions: 14 x 12
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Range, Refrigerator, Dishwasher, Trash Compactor
Features
- One Living Area, Separate Dining Room, Eat-in Kitchen, Kitchen Island, Study/Library, Media Room, Utility Room Inside, 1st Floor Lvl/No Steps, High Ceilings, Walk-In Closet(s), Master Downstairs, Solid Counter Tops
- Flooring: Ceramic Tile, Wood
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Living Room
Interior area
- Total interior livable area: 4,165 sqft
Property
Parking
- Parking features: Garage Faces Side
- Has garage: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 15 Acres
Details
- Parcel number: 01012066700013
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Texas Hill Country
- Property subtype: Single Family Residence
Materials
- Stone, Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Pre-Owned
- New construction: No
- Year built: 2008
Utilities & green energy
- Electric: BEC
- Sewer: Septic
- Water: Private Well
Community & HOA
Community
- Features: None
- Subdivision: Out
Location
- Region: Bandera
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $1,289,140
- Annual tax amount: $18,437
- Price range: $1.3M - $1.3M
- Date on market: 8/15/2026
- Cumulative days on market: 36 days
- Listing terms: Conventional,FHA,VA Loan,Cash
Estimated market value
$1,157,200
$1.10M - $1.22M
$3,347/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Listed for sale | $1,250,000$300/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,636 -51.5% | $1,203,094 -13% |
| 2024 | $19,848 +94% | $1,382,410 +39% |
| 2023 | $10,230 -24.4% | $994,293 +10% |
| 2022 | $13,540 | $903,903 +10% |
| 2021 | -- | $821,730 +6.5% |
| 2020 | $13,875 | $771,740 |
| 2019 | -- | $771,740 +0.1% |
| 2018 | -- | $771,170 -9.8% |
| 2017 | -- | $855,390 +51.1% |
| 2016 | -- | $566,280 +0.9% |
| 2015 | -- | $561,080 +0.1% |
| 2014 | -- | $560,250 +0.2% |
| 2012 | -- | $558,920 -0.2% |
| 2010 | -- | $559,760 +2.8% |
| 2009 | -- | $544,470 +17.3% |
| 2008 | -- | $464,060 |
Find assessor info on the county website
Monthly payment
Est. payment




