12064 Park Road 37, Lakehills, TX 78063
Local realty services provided by:CENTURY 21 Judge Fite Company
12064 Park Road 37,Lakehills, TX 78063
$130,000
- - Beds
- - Baths
- 15,500 sq. ft.
- Multi-family
- Active
Listed by: thomas martinez
Office: leverage realty consulting group
MLS#:1875203
Source:LERA
Price summary
- Price:$130,000
- Price per sq. ft.:$8.39
About this home
Major price reduction! 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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Home facts
- Year built:1955
- Subdivision & Development:AVALON
- Listing ID #:1875203
- Added:503 day(s) ago
- Updated:October 29, 2026 at 02:17 PM
Rooms and interior
- Flooring:Carpeting, Stained Concrete
- Living area:15,500 sq. ft.
Heating and cooling
- Cooling:3+ Window/Wall
- Heating:Electric
Structure and exterior
- Roof:Metal
- Year built:1955
- Building area:15,500 sq. ft.
- Lot area:0.35 Acres
- Construction Materials:Brick, Metal Structure, Wood
- Exterior Features:Covered Patio, Mature Trees, Partially Wooded, Patio Slab, Solar Screens, Workshop
- Foundation Description:Slab
Schools
- High school:Bandera
- Middle school:Bandera
- Elementary school:Hill Country
Utilities
- Sewer:Septic
Finances and disclosures
- Price:$130,000
- Price per sq. ft.:$8.39
- Tax amount:$1,057
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