See Home Value
Bandera 78003
116 Martingale Trl.
$300,000
● House - Off Market

116 Martingale Trl.

Bandera, TX 78003
bedrooms
1 Bed
bathrooms
2 Baths
square feet
638 Ft²
$1,930
Est. Monthly
$58
HOA / Fees

About This Property

Nestled in the scenic Texas Hill Country, 116 Martingale Trail offers the perfect blend of tranquility, natural beauty, and rural charm. Located within the gated community of Bridlegate, this property is surrounded by wide-open spaces, mature trees, and abundant wildlife, creating a peaceful country setting while remaining close to Bandera's shops, dining, and small-town conveniences. With easy access to Medina Lake, outdoor recreation such as fishing, kayaking, and hiking is always nearby. The home features approximately $10,000 in recent upgrades, enhancing both comfort and functionality. Improvements include a newly constructed stairway with private access to the upper bedroom loft, two new ceiling fans, and multiple added electrical outlets on the back porch-ideal for outdoor relaxation or entertaining. Per Bridlegate restrictions, barndominiums are not permitted for full-time residence, allowing owners to enjoy part-time Hill Country living while planning and constructing a future full-time home. Bridlegate offers an outstanding lifestyle with a gated entrance, high-speed internet, and underground utilities, along with amenity centers featuring swimming pools and overnight facilities. Residents also enjoy equestrian options, bridle paths, and access to a scenic 5-acre Medina River Park. All of this is set within a welcoming Hill Country community just about an hour from San Antonio. Offering privacy, fresh air, and the freedom to create your ideal lifestyle, 116 Martingale Trail truly captures the essence of relaxed Texas living. All appliances are included as well as both twin beds upstairs, sofa sleeper & king headboard.
Unit Size
638 Ft²
Days on Market
-
Land Size
2.15 acres
Price per sqft
$509
Property Type
House
Property Taxes
$276
HOA Dues
$58
Year Built
2016

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Last updated: 4 months ago (LERA #1990903)

Price History

Date / Event Date Event Price
Jul 20, 2026 Sold
Sold
Jul 11, 2026 In contract -
In contract
Jun 11, 2026 No longer available -
No longer available
Jun 11, 2026 Listed by Keller Williams Heritage $325,000
Listed by Keller Williams Heritage
Feb 20, 2026 Price Decreased $325,000
↓ $35K (9.7%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 11
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 198
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 93,654
  • Total Building Area: 638
  • Building Area: 638
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 638
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIDLEGATE 4
  • Land Acres: 0000002150
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: BRIDLEGATE 4 LT 682 2.15 ACRES

Neighborhood

  • School District Name: Bandera Independent School District
  • School Tax School District: SPC, SW
  • Census Tract: 000101

Geography

  • Account Number: 19004-00000-6820
  • Subdivision Tract Number: 19004
  • Parcel: 183697
  • Municipality: BANDERA
  • Latitude: 29.7035
  • Longitude: -99.0311

    Address

  • Full Address: 116 Martingale Trl
  • Address - House Number: 116
  • Address - Street Name: Martingale
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Bandera
  • Carrier Code: H005
  • 4-Digit Zip Code: 3613
  • Zip Code: 78003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $190,258
  • Tax Rate Code Area: BC, BS, CA

    Appraisal Valuation

  • Standard Deviation: 0.2362
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 323,124
  • High Value: 399,471
  • Low Value: 246,776

    Market Valuation

  • Market Total Value: $238,430
  • Market Land Value: $84,450
  • Market Improvement Value: $153,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,430
  • Assessed Land Value: $84,450
  • Assessed Improvements Value: $153,980

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 260366
  • Previous Sale Recording Date: Jan 29, 2021
  • Previous Sale Contract Date: Jan 28, 2021
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 116 Martingale Trail built and last sold?
The property at 116 Martingale Trail was built in 2016 and last sold on Aug 14, 2023 for $352,450.
How much is this home worth?
The estimated value of the home located at 116 Martingale Trail is $318,418.
What are some comparable homes to 116 Martingale Trail?
There are currently no comparable homes to 116 Martingale Trail.