Indian Waters Real Estate

Welcome to Indian Waters, a hidden gem nestled in the picturesque landscape of Bandera, Texas. This charming subdivision offers a unique blend of natural beauty, community spirit, and a relaxed lifestyle, making it the perfect place to call home for those seeking tranquility away from the hustle and bustle of city life.

Indian Waters is strategically located near the enchanting Hill Country, providing residents with breathtaking views, serene surroundings, and an abundance of outdoor activities. Imagine waking up to the soothing sounds of nature, with the majestic Texas Hill Country right at your doorstep. Whether you enjoy hiking, fishing, or simply basking in the sun by the nearby Medina River, Indian Waters offers endless opportunities for adventure and relaxation.

The community is known for its friendly atmosphere, where neighbors become friends and families grow together. With spacious lots and a variety of home styles, Indian Waters caters to a diverse range of lifestyles and preferences. The subdivision is thoughtfully designed to promote a sense of community while still allowing for privacy and peace.

Conveniently located just a short drive from downtown Bandera, residents have easy access to local shops, dining, and entertainment. Bandera is renowned as the "Cowboy Capital of the World," and it offers a rich tapestry of history and culture, perfect for those who appreciate a vibrant community.

If you’re looking for a place that combines natural beauty, a welcoming community, and a relaxed lifestyle, look no further than Indian Waters in Bandera, Texas. Come discover your dream home in this idyllic setting!

Newest Listings in Indian Waters

$334,900

3 Beds ⋅ 2 Baths ⋅ 2009519 MLS ⋅ ACTIVE Status

OPEN HOUSE: 09/13/2026 from 11:00 AM to 2:00 PM. A main home and a separate garage apartment on 0.68 acres under mature oaks, minutes from downtown Bandera. The main house is 1,569 square feet - three bedrooms, a vaulted living room with exposed beams, a separate dining area, and a dedicated laundry room off the kitchen. A covered porch runs nearly the full length of the front, facing the oaks. The garage apartment is roughly 540 square feet with its own kitchen, full bath, living area, and private entrance, fully separate from the main house. The lot also holds a two-bay garage, a carport, and an open porch, with usable yard on all sides. Built in 1994 and consistently maintained, with original finishes throughout - solid bones and room to make it your own. Main house square footage per Bandera CAD. The garage apartment is not reflected in county records; buyer to verify all measurements, permitting, and intended use.

1129 Bandera Blvd, Bandera

$103,200

1907694 MLS ⋅ ACTIVE Status

Welcome to this spacious 0.701-acre lot located in the highly sought-after Indian Waters Subdivision. This open and inviting property offers a wide, level pasture with very few trees, giving you maximum flexibility when designing and building your dream home. Its generous size provides ample room for a home, outdoor living spaces, and even a garden or workshop, all while maintaining the open country feel that makes Bandera so special. With no HOA restrictions and having city water available, you'll enjoy the freedom to build to your vision while still benefiting from modern conveniences. As a property owner, you'll also have access to Aguas Indias Nature Area and Lake Hiawatha-perfect for relaxing in nature. Ideally located just minutes from downtown Bandera, this lot offers both privacy and convenience, putting you close to local dining, shopping, and entertainment while allowing you to retreat to your own peaceful slice of the Texas Hill Country. This is a rare opportunity to secure a prime homesite in one of Bandera's most desirable communities.

TBD Nakomis Dr, Bandera

$92,000

1907693 MLS ⋅ ACTIVE Status

Discover the perfect blend of space, privacy, and natural beauty with this 0.546-acre lot located in the desirable Indian Waters Subdivision. This property offers multiple building sites with a level front that gently slopes toward the back, leading into Doe Creek. Backing up to the Aguas Indias Nature Area, you'll enjoy a peaceful setting and a picturesque view right from your backyard, making it an ideal retreat to design your future dream home. With no HOA restrictions and city water available, this lot gives you the freedom to build on your own terms while still enjoying modern utility access. The property is NOT located in a flood plain, offering peace of mind for your investment and future plans. Ideally situated just minutes from downtown Bandera, you'll have convenient access to shopping, dining, and entertainment while still savoring the quiet and privacy of your own slice of the Texas Hill Country. This lot is a rare opportunity to create a home that embraces both comfort and nature.

LOT 3 Nakomis Dr, Bandera

$64,900

1886508 MLS ⋅ ACTIVE Status

Perfect Lot to build on in Indian Water Subdivision- Bandera Texas Hill Country. This rare .356-acre lot in the highly sought-after Indian Water Subdivision offers an opportunity to build your dream home or vacation rental in the heart of Bandera, Texas-known as the Cowboy Capital of the World. Located just outside the city limits, this cleared lot is ready to break ground and comes with city water access but no city taxes, providing you with the best of both worlds: the charm of country living without the added costs. Property Highlights: Size: .356 acres, Limited restrictions and no HOA. Beautiful country landscape, with a peaceful setting and country view. Walking distance to downtown Bandera, making it easy to enjoy the small-town charm and vibrant local culture. With no HOA and minimal restrictions, you have the freedom to build a custom home, cabin, or even a vacation rental to capitalize on the area's booming tourism market. High-speed fiber internet is available from BEC, making it perfect for both full-time living or a remote work setup. Bandera offers a unique blend of small-town warmth and big-city convenience. You'll be less than a mile from downtown, where you can enjoy live music, dining, shopping at local boutiques, the Medina River and explore the area's rich Western heritage. Bandera is home to over 50 restaurants, dude ranches, and outdoor adventures at places like the Hill Country State Natural Area and Lost Maples State Park. Plus, you're just an hour away from San Antonio International Airport and 30 minutes from Kerrville, Boerne, Hondo, and Helotes. This is one of the last undeveloped lots in the Indian Water subdivision, so opportunities like this don't come often. Whether you're looking to build your forever home or invest in a growing area, this lot is a fantastic find. Don't miss out on this incredible opportunity to own a piece of Bandera's charm!

314 Cherokee Dr, Bandera

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