12242 & 12244 Park Road 37

Lakehills, TX 78063

About this property

Experience the potential of "The Lakehouse", a Hill Country property offering both residential and commercial opportunity. Perfectly positioned on Park Road 37 near Medina Lake State Park, this versatile property fronts a high-traffic road, making it ideal for business ventures or investment income. Set on just over half an acre (.568 acres) with a partial view of Medina Lake, the property includes a main home and a guest house-both ready for restoration or creative repurposing. The main house features 2 bedrooms, 1 bathroom, a foyer, covered front entry and a bonus room. The guest house adds flexibility with 1 bedroom and 1 bathroom, ideal for short-term rentals, a studio, or extended family use. With a fenced yard, ample off-street parking, and a private water well with two water storage tanks, the foundation is in place for multiple possibilities. The property's history adds to its appeal-it has previously served as a residential rental and, before that, a local restaurant. Whether you envision reviving its commercial past, developing a VRBO or weekend retreat, or crafting a full-time lakeside residence, this property delivers a unique opportunity to create something truly your own in the heart of the Texas Hill Country.

About this property

Experience the potential of "The Lakehouse", a Hill Country property offering both residential and commercial opportunity. Perfectly positioned on Park Road 37 near Medina Lake State Park, this versatile property fronts a high-traffic road, making it ideal for business ventures or investment income. Set on just over half an acre (.568 acres) with a partial view of Medina Lake, the property includes a main home and a guest house-both ready for restoration or creative repurposing. The main house features 2 bedrooms, 1 bathroom, a foyer, covered front entry and a bonus room. The guest house adds flexibility with 1 bedroom and 1 bathroom, ideal for short-term rentals, a studio, or extended family use. With a fenced yard, ample off-street parking, and a private water well with two water storage tanks, the foundation is in place for multiple possibilities. The property's history adds to its appeal-it has previously served as a residential rental and, before that, a local restaurant. Whether you envision reviving its commercial past, developing a VRBO or weekend retreat, or crafting a full-time lakeside residence, this property delivers a unique opportunity to create something truly your own in the heart of the Texas Hill Country.

Features and Additional Information

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$219,000 Active
2 Bed(s)
1
Bath
1,998 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
Emmons Real Estate
1-210-861-0654
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Area Information

Bandera | Bandera County | AVALON

$ 219,000
This listing is play_arrow 12.3% higher than the average in the area
$ 195,000 in the area
1,998 SqFt
This listing is play_arrow 19.4% larger than the average in the area
1,674 SqFt in the area
$ 110 $/SqFt
This listing is play_arrow 7.2% less than the average in the area
$ 118 $/SqFt in the area
298 days on site
This listing is play_arrow 45.0% above the average in the area
206 days on site in the area

Schools in the Area

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    Elementary School
    Hill Country
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    Middle School
    Bandera
  • turned_in
    High School
    Bandera

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Listed By Thad Emmons
Brokerage: Emmons Real Estate

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