12064 Park Road 37, Lakehills, TX 78063

Lakehills
Local realty services provided by:Better Homes and Gardens Real Estate Winans
12064 Park Road 37,Lakehills, TX 78063
$139,900
  • - 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:$139,900
  • Price per sq. ft.:$9.03

About this home

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...

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Home facts

  • Year built:1955
  • Subdivision & Development:AVALON
  • Listing ID #:1875203
  • Added:413 day(s) ago
  • Updated:July 29, 2026 at 01:58 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:$139,900
  • Price per sq. ft.:$9.03
  • Tax amount:$1,057
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