Price Reduced Listing
$130,000
 $698 est/mo Sourced by Back At You

12064 Park Road 37,Lakehills, TX 78063

Lakehills, TX 78063

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Description

Major price reduction! Versatile property offering the potential to live on site while generating rental income! Seller Finance Option Terms (firm): $60K down payment, 2-Year Seller Carry, 12% Interest. Welcome home to a one-of-a-kind versatile studio featuring a 1950s Spartan Mansion integrated into the primary building, creating a distinctive experience and functional two bedroom home or live-work space. Spanning seven contiguous lots with mature oaks and cedars, the property offers a turnkey opportunity for hobbyists and investors alike. With an outbuilding, covered patio, additional land for recreation, storage, and parking, there is ample space for numerous possibilities. In addition, the property is already equipped to generate rental income (33% pro-forma cap rate), as the property includes two full RV and tiny home hookups. All utilities are on-site, providing a seamless setup for an owner-user to live in the multi-purpose studio while generating income to offset your loan payment. Located just minutes from the new H-E-B at Hwy 211/Culebra Rd, Alamo Ranch, and Medina Lake, this expansive property balances hill country charm with access to many city amenities. Schedule your tour today!

Details

MLS #1935442
Listing TypeFor Sale
StyleHouse
StatusPrice Change
Year1955
Days On Site235
Listing Provided ByLeverage Realty Consulting Group | Thomas Martinez

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet511
Story(s)1
Acreage0.35

Interior

InteriorShop, 1st Floor Lvl/No Steps, High Speed Internet, All Bedrooms Downstairs
Heating1 Unit
Heating FuelElectric
FireplaceNot Applicable

Exterior

ExteriorWood, Siding, Metal Structure
Exterior FeaturesPatio Slab, Covered Patio, Chain Link Fence, Solar Screens, Storage Building/Shed, Has Gutters, Mature Trees, Detached Quarters, Dog Run Kennel, Workshop, Other - See Remarks
RoofMetal
FoundationSlab

Parking

Garage ParkingNone/Not Applicable

Utilities

WaterorsewerPrivate Well, Septic

Taxes

Tax Property Id10300080640110
Taxed By Mltpl CountiesNo
Total Tax1057.06

Area Information

StateTX
CountyBandera
CityLakehills
Zip Code78063
AreaBandera
Community NameAVALON
School DistrictBandera Isd
Elementary SchoolHill Country
High SchoolBandera
Listing VS Median (in AVALON)
Price:
$130,000
low | high
Med:
$200,000
3.846153846154% of Average
sqft:
511
low | high
Med:
1,500
100% of Average
$ / sqft:
$254
low | high
Med:
$133
97.589743589744% of Average
On site:
235
low | high
Med:
122
100% of Average
Sourced by Back At You

Market Activity 78063

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Learn More About This Property

StateTX
CountyBandera
CityLakehills
Zip Code78063
AreaBandera
Community NameAVALON
School DistrictBandera Isd
Elementary SchoolHill Country
High SchoolBandera
Listing VS Median (in AVALON)
Price:
$130,000
low | high
Med:
$200,000
3.846153846154% of Average
sqft:
511
low | high
Med:
1,500
100% of Average
$ / sqft:
$254
low | high
Med:
$133
97.589743589744% of Average
On site:
235
low | high
Med:
122
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $97K - $162K
sqft: 383 - 639
Nearby Listings Property ImageNearby Listings Details
275 Hill Of Contentment Property Photo 1
$950
275 Hill Of Contentment
Lakehills, TX 78063
Listing Updated: September 4, 2026 at 11:12:03 PM PDT
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