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12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
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12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
12064 Park Road 37
For Sale

12064 Park Road 37

12064 Park Road 37, Lakehills, TX 78063

$139,900
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 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!

2
beds

1
bath

15,500 Sq.Ft. LIVING AREA

0.35 Acres lot

Thomas Martinez

Thomas Martinez

Features &

Interior

  • total bedrooms2
  • Total bathroom1
  • full bathroom1
  • Flooring Carpet, Concrete

Area & Lot

  • Status For Sale
  • Living Area15,500 Sq.Ft.
  • Total Area15,500 Sq.Ft.
  • Lot Area0.35 Acres
  • MLS® ID1875203
  • TypeMulti-Family
  • YEAR BUILT1955
  • Water FrontageLake
  • Elementary SchoolHill Country
  • Middle SchoolBandera
  • High SchoolBandera
  • School DistrictBandera Isd

Exterior

  • STORIES1
  • water SourceWell
  • roofMetal
  • lot featuresWooded
  • HEAT TYPEElectric
  • AIR CONDITIONINGWindow Unit(s), Wall/Window Unit(s), Other
  • sewerSeptic Tank
  • SubstructureSlab, Other
  • Green featuresSolar

Financial

  • Sales Price$139,900
  • Real Estate Tax $1,057/yr
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Thank you for your interest in 12064 Park Road 37, Lakehills, TX 78063. We are reviewing your request and will be in touch shortly!

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