12064 Park Road 37, Lakehills, TX 78063

Lakehills
Local realty services provided by:ERA Experts
12064 Park Road 37,Lakehills, TX 78063
$139,900
  • 2 Beds
  • 1 Baths
  • 511 sq. ft.
  • Single family
  • Active
Listed by: thomas martinez
Office: leverage realty consulting group
MLS#:1935442
Source:LERA

Price summary

  • Price:$139,900
  • Price per sq. ft.:$273.78

About this home

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....

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Home facts

  • Year built:1955
  • Subdivision & Development:AVALON
  • Listing ID #:1935442
  • Added:203 day(s) ago
  • Updated:August 11, 2026 at 01:44 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Carpeting, Stained Concrete
  • Bedroom Description:All Bedrooms Downstairs
  • Living area:511 sq. ft.

Heating and cooling

  • Cooling:Two Window/Wall
  • Heating:1 Unit, Electric

Structure and exterior

  • Roof:Metal
  • Year built:1955
  • Building area:511 sq. ft.
  • Lot area:0.35 Acres
  • Lot Features:1/4 - 1/2 Acre, Corner, Lake Medina, Level, Sloping
  • Architectural Style:One Story, Split Level
  • Construction Materials:Metal Structure, Siding, Wood
  • Exterior Features:Chain Link Fence, Covered Patio, Detached Quarters, Dog Run Kennel, Has Gutters, Mature Trees, Patio Slab, Solar Screens, Storage Building/Shed, Workshop
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Bandera
  • Middle school:Bandera
  • Elementary school:Hill Country

Utilities

  • Water:Private Well
  • Sewer:Septic

Finances and disclosures

  • Price:$139,900
  • Price per sq. ft.:$273.78
  • Tax amount:$1,057 (2025)

Features and amenities

  • Amenities:Boat Ramp, Electric Water Heater, High Speed Internet, Pre-Wired for Security, Private Garbage Service, Security System (Owned), Shop
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