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2 Beds
1 Bath
511 sqft

$130,000

12064 Park Road 37, LAKEHILLS TX, 78063

Price per sqft$254.40
Built in1955
Property size511 sqft
Property typeResidential

Overview

Active

Act

Listed Jan 21, 2026

Updated 3 days ago

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!

$865/mo

Est. mortgage payment based on a $130,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1935442

Interior Features

Bedrooms
2
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.35 Acres

Other Property Details

Taxes
$1,057
Tax Frequency
Annually
MLS provider logo

Courtesy of Thomas Martinez, Leverage Realty Consulting Group

Listing Contact: (800) 401-0199

Source:  ©2026 Local Expertise Regional Access

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Local Expertise Regional Access®. 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. Real estate listings held by brokerage firms other than , are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Copyright © [[year] Local Expertise Regional Access®. All Rights Reserved.

Data last updated 1:10 AM UTC, 10/6/2026

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