12064 Park Road 37,Lakehills, TX 78063
Lakehills, TX 78063
Description
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!
Details
| MLS # | 1935442 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1955 |
| Days On Site | 221 |
| Listing Provided By | Leverage Realty Consulting Group | Thomas Martinez |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 511 |
| Story(s) | 1 |
| Acreage | 0.35 |
Interior
| Interior | Shop, 1st Floor Lvl/No Steps, High Speed Internet, All Bedrooms Downstairs |
|---|---|
| Heating | 1 Unit |
| Heating Fuel | Electric |
| Fireplace | Not Applicable |
Exterior
| Exterior | Wood, Siding, Metal Structure |
|---|---|
| Exterior Features | 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 |
| Roof | Metal |
| Foundation | Slab |
Parking
| Garage Parking | None/Not Applicable |
|---|
Utilities
| Waterorsewer | Private Well, Septic |
|---|
Taxes
| Tax Property Id | 10300080640110 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 1057.06 |
Area Information
| State | TX |
|---|---|
| County | Bandera |
| City | Lakehills |
| Zip Code | 78063 |
| Area | Bandera |
| Community Name | AVALON |
| School District | Bandera Isd |
| Elementary School | Hill Country |
| High School | Bandera |
| Listing VS Median (in AVALON) | |
Price: $139,900 low | high Med: $195,000 sqft: 511 low | high Med: 1,674 $ / sqft: $274 low | high Med: $118 On site: 221 low | high Med: 205.5 | |
Market Activity 78063
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Learn More About This Property
| State | TX |
|---|---|
| County | Bandera |
| City | Lakehills |
| Zip Code | 78063 |
| Area | Bandera |
| Community Name | AVALON |
| School District | Bandera Isd |
| Elementary School | Hill Country |
| High School | Bandera |
| Listing VS Median (in AVALON) | |
Price: $139,900 low | high Med: $195,000 sqft: 511 low | high Med: 1,674 $ / sqft: $274 low | high Med: $118 On site: 221 low | high Med: 205.5 | |
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Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
