12064 PARK ROAD 37, LAKEHILLS, TX 78063
Homes for sale in Lakehills.
Homes for sale in 78063.
List Price$139,900
12064 Park Road 37
Lakehills, TX 78063
Listing #1935442
2
Bedrooms
1 full
Bathrooms
511
Square Feet
House
Type
About This Property
Priced to sell! 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!
Listing Courtesy of Thomas Martinez, Leverage Realty Consulting Group (210) 878-6683
Property Features
Location Information
County
Bandera
MLS Area
2400
Neighborhood Amenities
Lake/River Park, Boat Ramp
Subdivision
AVALON
Interior Features
Room Dimensions
Living: 23x9, Kitchen: 1x1, MasterBR: 23x9, BR2: 34x7
Heating
1 Unit
Interior
Shop, 1st Floor Lvl/No Steps, High Speed Internet, All Bedrooms Downstairs
Heating Fuel
Electric
Master Bedroom Description
Other
Cooling
Two Window/Wall
Has Dining Room
Yes
Floors
Carpeting, Stained Concrete
Has Family Room
Yes
Accessibility
Low Pile Carpet, First Floor Bedroom
Fireplace Description
Not Applicable
Exterior Features
Style
One Story, Split Level, Other
Water Supplier
Private Well
Construction
Pre-Owned
Electric Supplier
BEC
Exterior
Patio Slab, Covered Patio, Chain Link Fence, Solar Screens, Storage Building/Shed, Has Gutters, Mature Trees, Detached Quarters, Dog Run Kennel, Workshop, Other - See Remarks
Parking Description
None/Not Applicable
Manufacturer
Varies
Pool/Spa Description
None
Foundation
Slab
Lot Size
0.35
Roof
Metal
Lot Description
Corner, County VIew, 1/4 - 1/2 Acre, Mature Trees (ext feat), Sloping, Level, Lake Medina
Water / Sewer
Private Well, Septic
Is One Story
Yes
Sewer Supplier
Septic
School
School District
Bandera Isd
Jr. High School
Bandera
Elementary School
Hill Country
High School
Bandera
Additional Information
Proposed Terms
Conventional, FHA, VA, 1st Seller Carry, Lease Option, TX Vet, Cash, Investors OK, USDA, Other
Status
Active
Property Type
SFR
Is Short Sale
No
Property SubType
Single Family Detached
Miscellaneous
Commercial Potential, No City Tax, Investor Potential
Year Built
1955
Similar Listings
Mortgage Calculator
$652
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$504
Monthly Tax
$116
Monthly Insurance
$32
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
© 2026 LERA MLS. All rights reserved.
© 2026 LERA MLS. All rights reserved.
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the LERA MLS. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
LERA MLS data last updated at August 8, 2026, 8:06 PM CT
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