12064 Park Road 37, Lakehills, TX 78063

• 15,500 sqft

Property Description

Priced to sell at $139,900! 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!

Listing Status:

Active

Date Added:

June 12, 2025

Data Last Updated:

July 7, 2026 at 12:51PM

Listing Office:

Leverage Realty Consulting Group : (800) 401-0199

Listing Agent:

Thomas Martinez : (210) 878-6683

MLS ID:

1875285

Interior

• A/C: Other
• Heating: 3+ Units

Construction

• Roofing: Metal
• General: SlabOther

Location

• School District: Bandera Isd
• County: Bandera

Lot

• Zoning: UNRESTRICTED: RESIDENTIALAvalon H BLK 64 LT 1-4 and Avalon H BLK 64 LT 11-1310300080640110
• Restrictions: Other

Utilities

• Utilities: BECPrivate
• Water: Private Well
• Sewer: Septic