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$189,900

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3 Beds

2 Baths

15,500 SqFt

Price Dropped by $10K

12064 Park Road 37 Lakehills, TX 78063

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LINK'D REALTY

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 15,500 sqft

Price per Sqft $12

Subdivision Avalon

MLS Listing ID 1875203

Style One Story

Bedrooms 3

Full Baths 2

Year Built 1955

Annual Tax Amount $1,057

Lot Size 0.351 Acres

Property Sub-Type Multi-Family (2-8 Units)

Property Description

Located in the high-growth corridor northwest of San Antonio on Park Road 37, this unrestricted property offers an 11% pro-forma cap rate and flexible options to lease a minimum of three spaces or combine as a tenant and owner-user mix. One tenant is already in place. Spanning seven lots, the property features a mixed-use building with a covered detached patio, multiple storage structures, a 2006 Forest River recreational vehicle (RV), and two RV pads with full hookups. A 1950s Spartan Mansion is seamlessly integrated into the building, creating a distinctive setting for retail or office use. Significant updates to the building and grounds-including utilities, aesthetics, and site improvements-make this a turnkey opportunity for long-term leases or short-term rentals. Water, sewer, and electricity are already on-site. With easy access to 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. Schedule your tour today!

Location

State TX

County Bandera

Area 3100

Interior

Heating 3+ Units

Cooling 3+ Window/Wall, Other

Flooring Carpeting, Stained Concrete

Exterior

Exterior Feature Brick, Wood, Metal Structure

Garage Spaces 16.0

Roof Type Metal

Building

Foundation Slab, Other

Sewer Septic

Schools

Elementary Schools Hill Country

Middle Schools Bandera

High Schools Bandera

School District Bandera Isd

Others

Acceptable Financing Conventional, FHA, VA, Cash, Investors OK, Other

Listing Terms Conventional, FHA, VA, Cash, Investors OK, Other

Listed by Thomas Martinez • Leverage Realty Consulting Group • (210) 878-6683

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LINK'D REALTY

+1(210) 687-3271

12064 Park Road 37 Lakehills, TX 78063

LINK'D REALTY

Key Details

Location

Interior

Exterior

Building

Schools

Others

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12064 Park Road 37