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Property Description
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.
Full Property Details
Full Property Details for 5322 State Hwy 16 N
General
- Price: $1,750,000
- Taxes: $12,356 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 2403398
- Updated: 1/28/2026
- Added to Site: 34 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Multiple Living Areas, Open Floorplan, Pantry
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Living Room
- Appliances: Built-In Range, Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 5
Other Rooms
- Laundry: Inside, Main Level, Laundry Room
Additional Information
- Shared Amenities: None
- Security/Safety: Security Lights
Exterior
- Exterior Features: Balcony, Barbecue, See Remarks
- Porch/Patio/Deck: Patio, Porch, Side Porch, Balcony
Parking
- Total Spaces: 12
- Parking Features: Detached
Location
- Area: Out of Area
- County: Bandera
- Subdivision: Highland Waters
- Driving Directions: From Bandera, take Hwy 16 North toward Medina, Continue for 4.7 miles. Property is on the right. Access directly from Hwy 16
- Direction Faces: Southwest
School Information
- Elem School District: Bandera Isd
- Midd School District: Bandera Isd
- High School District: Bandera Isd
- Elementary School: Alkek Elementary
- Middle School: Bandera Middle
- High School: Bandera High
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Private
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Connected, High Speed Internet Available
Structural Information
- Detached/Attached: Detached
- Construction: Stone
- Roof: Metal
- Windows: Window Coverings
- Stories/Levels: 1
- Square Feet: 4,729
- Sq. Ft. Source: Appraiser
- Living Area: 4,729 Sq. Ft.
- Year Built: 1920
- Year Built Source: Public Records
Additional Structures
- Other Structures: Guest House, Gazebo, Storage
Lot Features
- Property View: Hills, Orchard, River, Trees/Woods
- Lot Size (Acres): 6.62
- Lot Size (Sq. Ft.): 288,367.2
- Fence: Yes
- Lot Features: Corner Lot, Gentle Sloping, Native Plants, Orchard(s), Xeriscape
- Fencing (Description): Chain Link
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Medina River
- Water Front Desc.: River Front
Green Features
- Water Conservation: Water-Smart Landscaping
Financial Considerations
- Assessment Amount: $12,356
- Tax Amount: $12,356.18
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Deed Restriction
- Legal Description: Highland Waters LT 1A **Park.0449 UND INT**6.62 ACRES
- Disclosures/Reports: Lead Based Paint Disclosure, Seller Disclosure
- Property ID: 162036
- Lot Number: 1A
Listed by Phyllis Browning Company
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Schools
Schools serving 5322 State Hwy 16 N
School District:Bandera Independent School District
| Name | Grades | Distance |
|---|---|---|
Alkek Elementary School 1798 Texas 173, Bandera, TX 78003 | PK-5 | 5.7 mi |
Bandera Middle School 1005 Cherry Street, Bandera, TX 78003 | 6-8 | 4.1 mi |
Bandera High School 474 Old San Antonio Highway, Bandera, TX 78003 | 9-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5322 State Hwy 16 N
Date
Details
Price
Change
Source
1/23/2026
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5322 State Hwy 16 N
5322 State Hwy 16 N, Bandera, TX 78008 (MLS# 2403398) is a Single Family property with 5 bedrooms and 5 full bathrooms. 5322 State Hwy 16 N is currently listed for $1,750,000 and was received on January 23, 2026. Want to learn more about 5322 State Hwy 16 N? Do you have questions about finding other Single Family real estate for sale in Bandera? You can browse all Bandera real estate or contact a Coldwell Banker agent to request more information.

