Price Reduction - Views - Seller Financing - Lease to Own
Address
12064 Park Road 37, Lakehills, TX
Price
$ 130,000
Property Attributes
- MLS#1935442
- TypeSingle Family
- Listing Status Active
- CountyBANDERA
- CityLakehills
- Area2400
- NeighborhoodAvalon
- Zip78063
- StyleOne Story,Split Level
- Year Built1955
- Taxes$ 1057
- Price$ 130,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage511
- Lot Size0.35 Acres
Data Source:
LERA MLS
Property Description
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!
| Elementary School | Middle School | High School |
|---|---|---|
| Hill Country Elementary School | Bandera Middle 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 |
General Features
| 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
Property vs Single Family Average in 78063
Price
Taxes
Year Built
Visits
In The Neighborhood
Just Listed
Lakehills
$ 235,000
- Type
- Single Family
- Size
- 2,098 SqFt
- Rooms
- 2 Beds + 2 Baths
Hi Energy Realty 210-854-3060
Lakehills
$ 450,000
- Type
- Single Family
- Size
- 1,984 SqFt
- Rooms
- 4 Beds + 2 Baths
RYNO Realty, Inc. 210-600-3204
Waterfront
Lakehills
$ 220,000
- Type
- Single Family
- Size
- 2,264 SqFt
- Rooms
- 3 Beds + 2 Baths
ForeFront Property Management 210-418-1880
Views
Lakehills
$ 335,000
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Phillips & Associates Realty 210-571-0330
Views
Lakehills
$ 474,000
- Type
- Single Family
- Size
- 3,269 SqFt
- Rooms
- 4 Beds + 2.5 Baths
LPT Realty, LLC 877-366-2213
Water Views
Lakehills
$ 305,000
- Type
- Single Family
- Size
- 2,596 SqFt
- Rooms
- 2 Beds + 2 Baths
Smart Group, REALTORS 210-695-3663
Lakehills
$ 450,000
- Type
- Single Family
- Size
- 1,152 SqFt
- Rooms
- 2 Beds + 2 Baths
Hi Energy Realty 210-854-3060
Lakehills
$ 100,000
- Type
- Single Family
- Size
- 1,372 SqFt
- Rooms
- 3 Beds + 2 Baths
eXp Realty 888-519-7431
Reduced
Lakehills
$ 235,000
- Type
- Single Family
- Size
- 1,140 SqFt
- Rooms
- 2 Beds + 1 Baths
eList REO LLC 720-270-2920
Reduced
Lakehills
$ 154,900
- Type
- Single Family
- Size
- 960 SqFt
- Rooms
- 3 Beds + 2 Baths
Epique Realty LLC 512-387-0722
Reduced
Lakehills
$ 200,000
- Type
- Single Family
- Size
- 1,500 SqFt
- Rooms
- 3 Beds + 2 Baths
eXp Realty 888-519-7431
Reduced
Lakehills
$ 219,000
- Type
- Single Family
- Size
- 1,998 SqFt
- Rooms
- 2 Beds + 1 Baths
Emmons Real Estate 210-861-0654
Information provided courtesy of LERA MLS. IDX information is provided exclusively 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. Information is believed to be accurate but not guaranteed. Provided courtesy of LERA MLS. Copyright 2026 LERA MLS, All Rights Reserved. Data last updated September 18, 2026 9:20 PM UTC
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