12242 & 12244 Park Road 37

Lakehills, TX
$ 219,000 Beds 2 Baths 1 Sq 1,998
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 219,000
  • City
  • Lakehills
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • BANDERA
  • Half Bathrooms
  • 0
  • Area
  • 2400
  • Lot Size
  • 0.568 Acres
  • Zip
  • 78063
  • Sqr Footage
  • 1,998
  • Year Built
  • 1978
  • Taxes
  • $ 2792
  • Style
  • One Story
  • MLS#
  • 1920730
Listed By: Thad Emmons with Emmons Real Estate; (210) 861-0654
Data Source: LERA MLS

Features

General

Living Area 1998
Construction Pre-Owned
Heating None
Cooling One Window/Wall,3+ Window/Wall
Bathrooms 1
Subdivision AVALON
Builder Unknown
Class Single Residential
Type Single Family Detached
Style One Story
Roof Metal
HOA Mandatory None
Miscellaneous Commercial Potential,No City Tax,Investor Potential,As-Is
Status Active
Attached Garage No
Neighborhood Amenities None
Home Faces East
Area 2400
Year Built 1978
High School Bandera
School District Bandera Isd
Proposed Terms Conventional,Cash
Elementary School Hill Country
Middle School Bandera
Legal Description Avalon H Blk 97 Lt 1 & 3-12 0.568 Acres
Potential Short Sale No
Taxes 2792.37

Interior Features

Kitchen Length 8
Kitchen Width 17
Total Bedrooms 2
Full Baths 1
Interior Features Two Living Area,Auxillary Kitchen
Stories 1
Breakfast Room Length 8
Breakfast Room Width 8
Flooring Wood,Vinyl,Other
Living Room Width 14
Heating Fuel Electric
Bedroom2 Width 17
Family Room Length 13
Living Room Length 18
Study/Office Length 6
Study/Office Width 7
WINDOW COVERINGS None Remain

Exterior Features

Exterior Wood,Siding
Foundation Slab
Pool (Y/N) No
Exterior Features Covered Patio,Chain Link Fence,Partial Fence,Storage Building/Shed,Mature Trees,Additional Dwelling
Pool None
Lot Size 0.568
Water/Sewer Private Well,Septic
Lot Description Water View,1/2-1 Acre,Sloping,Lake Medina
Inclusions Ceiling Fans,Stove/Range,Electric Water Heater
Lot Improvements Street Paved,Asphalt,County Road
Garage Parking None/Not Applicable

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the San Antonio, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Hill Country Elementary School
Middle School Bandera Middle School
High School Bandera High School

Price History

11/5/2025 Listed $222,000
1/22/2026 2% - $219,000

Property vs Zip Code Average in 78063

Price
AVG $520K
$220K
Taxes
AVG $5,163
$2,792
Year Built
AVG 1999
1978
Visits
AVG 183
316
Data Provided by Inside Real Estate®

Areas That We Cover

12242 & 12244 Park Road 37 Lakehills, TX is a Single Family Home for sale at $219000 with 1998 sqft and a lot size of 0.568 Acres Acre(s). 12242 & 12244 Park Road 37 Lakehills has 2 bedrooms, 1 baths and was built in 1978. The property's zip code is 78063 which is in Lakehills, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.