5322 N State Hwy 16 A rare opportunity to acquire a historic, income-producing riverfront estate just minutes from downtown Bandera. This 1920s private ranch spans 6.62 acres with direct access to the Medina River and is already operating as a successful short-term rental. Offered as a turn-key investment, the property can continue seamlessly as an income-producing asset 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; certain items are negotiable. The main building offers approx. 4, 729 SF with five bedrooms, five baths, two kitchens, and multiple gathering areas with original stone walls and Hill Country craftsmanship. A secondary approx. 1, 800 SF building adds four bedrooms and four baths. Total improvements measure approx. 7, 000 SF with nine bedrooms and nine baths. The grounds include mature trees, outdoor gathering areas, private river frontage, and an irrigated pecan and peach orchard. Located 5-10 minutes from Bandera, within approx. 30-45 minutes of Comfort, Kerrville, and Fredericksburg. Immediate income with long-term upside.