12064 Park Road 37 Lakehills, TX $ 139,900
12064 Park Road 37
$ 139,900
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12064 Park Road 37

Lakehills, TX, 78063
$ 139,900
Baths0.0 Sq 15,500

Monthly Estimate*

$ 861

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Studio

Multi-Family Home for sale in Lakehills, TX

for $139,900. This 15,500 square foot home was built in 1955 on a lot size of 0.351.

Priced to sell! Take advantage of this multi-unit property with opportunities for upside and value-add! Located in the high-growth corridor northwest of San Antonio on Park Road 37, this unrestricted property offers a 33% pro-forma cap rate solely from projected rental income. Day one provides you with flexible options to immediately lease a minimum of six spaces (two buildings, two full hookup RV spaces, two camping/storage spaces), with space to add several more units across its seven lots. The property's buildings offer mixed-use potential ideal for retail, office, short-term rental, studio, storage, and/or QSR. The interior of one of the buildings includes a 1950s Spartan Mansion that is seamlessly integrated, creating a distinctive setting. Significant updates to the buildings and grounds have been implemented, including utilities, aesthetics, and site updates making this a turnkey opportunity for long-term leases or short-term rentals. Water, sewer, and electricity are throughout the property. With easy access to the new H-E-B grocer at Hwy 211/Culebra Rd, Alamo Ranch, Helotes, Bandera, and Medina Lake, plus ample parking and natural shade from mature oaks and cedars, this versatile property is full of potential. Seller Finance Option Terms (firm): $60K down payment, 2-Year Seller Carry, 12% Interest. Schedule your tour today!

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Multi-Family Active

Price

$ 139,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,057

Style

Multi-Family (2-8 Units)

Lot Size

0.351

Year Built

1955

Town/City

Lakehills

County/Region

Bandera

MLS | Web ID

1875203

Features
General
Living Area 15500
Heating 3+ Units
Cooling 3+ Window/Wall Other
Subdivision AVALON
Builder Varies
Class Multi-Family (2-8 Units)
Type One Story
Status Back on Market
Area 3100
Year Built 1955
High School Bandera
School District Bandera Isd
Proposed Terms Conventional FHA VA 1st Seller Carry Lease Option Cash Investors OK USDA Other
Elementary School Hill Country
Middle School Bandera
Legal Description Avalon H BLK 64 LT 1-4 and Avalon H BLK 64 LT 11-13
Taxes 1057
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Exterior
Exterior Brick Wood Metal Structure
Foundation Slab Other
Exterior Features Patio Slab Covered Patio Solar Screens Mature Trees Workshop Partially Wooded Mature Trees (ext feat) Lake Medina
Lot Size 0.351
Water/Sewer Septic
Roofing Metal
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Interior
Flooring Carpeting Stained Concrete
Heating Fuel Electric
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* Excluded Features
List By
Thomas Martinez

Listing Agent

Leverage Realty Consulting Group

Broker

Thomas@HireLeverageGroup.com

Email

Affordability Calculator

$949
Per Month
91%
9%
0%
Monthly Principal & Interest
$861
Monthly Property Taxes
$88
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
744908 Elementary School
745527 Middle School
Bandera High School High School
Pricing History
DatePricePrice ChangeDescription
6/7/2026$139,900 -6.67% Price Down
3/18/2026$149,900 -11.77% Price Down
1/8/2026$169,900 -10.53% Price Down
7/12/2025$189,900 -5.00% Price Down
6/12/2025$199,900 Listed Price

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12064 Park Road 37, Lakehills, TX, 78063 is a Multi-Family Home for sale at $139,900 with 15,500 sqft and a lot size of 0.351. 12064 Park Road 37 is a studio with 0.0 baths and was built in 1955. The property's zip code is 78063 which is in Lakehills, TX