12064 Park Road 37

Lakehills, TX
$ 130,000 Beds 2 Baths 1 Sq 511
Monthly Estimate* How much can I afford?

Major price reduction! 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!

Single Family

  • Price
  • $ 130,000
  • City
  • Lakehills
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • BANDERA
  • Half Bathrooms
  • 0
  • Area
  • 2400
  • Lot Size
  • 0.35 Acres
  • Zip
  • 78063
  • Sqr Footage
  • 511
  • Year Built
  • 1955
  • Taxes
  • $ 1057
  • Style
  • One Story,Split Level
  • MLS#
  • 1935442
Listed By: Thomas Martinez with Leverage Realty Consulting Group; (210) 878-6683
Data Source: LERA MLS

Features

General

Living Area 511
Construction Pre-Owned
Heating 1 Unit
Cooling Two Window/Wall
Bathrooms 1
Subdivision AVALON
Builder Varies
Class Single Residential
Type Single Family Detached
Style One Story,Split Level,Other
Roof Metal
HOA Mandatory None
Miscellaneous Commercial Potential,No City Tax,Investor Potential
Status Active
Attached Garage No
Neighborhood Amenities Lake/River Park,Boat Ramp
Home Faces East
Area 2400
Year Built 1955
High School Bandera
School District Bandera Isd
Accessibility Low Pile Carpet,First Floor Bedroom
Proposed Terms Conventional,FHA,VA,1st Seller Carry,Lease Option,TX Vet,Cash,Investors OK,USDA,Other
Elementary School Hill Country
Middle School Bandera
Legal Description Avalon H BLK 64 LT 1-4 and Avalon H BLK 64 LT 11-13
Potential Short Sale No
Taxes 1057.06

Interior Features

Kitchen Length 1
Kitchen Width 1
Total Bedrooms 2
Full Baths 1
Interior Features Shop,1st Floor Lvl/No Steps,High Speed Internet,All Bedrooms Downstairs
Stories 1
Flooring Carpeting,Stained Concrete
Living Room Width 9
Heating Fuel Electric
Bedroom2 Width 7
Entry Room Length 23
Entry Room Width 9
Living Room Length 23
WINDOW COVERINGS All Remain

Exterior Features

Exterior Wood,Siding,Metal Structure
Foundation Slab
Pool (Y/N) No
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
Pool None
Lot Size 0.35
Water/Sewer Private Well,Septic
Lot Description Corner,County VIew,1/4 - 1/2 Acre,Mature Trees (ext feat),Sloping,Level,Lake Medina
Inclusions Security System (Owned),Pre-Wired for Security,Electric Water Heater,Private Garbage Service
Lot Improvements Street Paved
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
Adjust Payment Options
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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

1/21/2026 Listed $169,900
3/18/2026 12% - $149,900
6/6/2026 7% - $139,900
9/5/2026 8% - $130,000

Property vs Zip Code Average in 78063

Price
AVG $520K
$130K
Taxes
AVG $5,163
$1,057
Year Built
AVG 1999
1955
Visits
AVG 183
399
Data Provided by Inside Real Estate®

Areas That We Cover

12064 Park Road 37 Lakehills, TX is a Single Family Home for sale at $130000 with 511 sqft and a lot size of 0.35 Acres Acre(s). 12064 Park Road 37 Lakehills has 2 bedrooms, 1 baths and was built in 1955. 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.