12064 Park Road 37
Lakehills, TX 78063
2
Bed
1
Bath
511Sqft
0.35Acre(Lot)
Priced to sell! 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 include
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 2 Master Bedroom Dimensions: 23 x 9 Master Bedroom Width: 9 Master Bedroom: Other Bedroom 2 Dimensions: 34 x 7Bathroom Information
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Kitchen Information
Kitchen Room Dimension: 1 x 1Room Information
Living Room Size: 23 x 9Interior Features
Shop,1st Floor Lvl/No Steps,High Speed Internet,All Bedrooms Downstairs -
Flooring Information
Carpeting,Stained ConcreteHeating & Cooling
Heating: 1 Unit Cooling: Two Window/Wall
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Building Information
Year Built: 1955 Construction: Pre-Owned -
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 RemarksPool Information
Pool Type: None
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Lot Information
Lot Size: 0.35 Main Square Feet: 511 -
Property Information
SQ ft: 511 Subdivision: AVALON
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Listing Price Information
Original List Price: $169,900 -
Listing Information
Possession: Closing/Funding
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Tax Information
Tax Year: 2025 Parcel Number: 10300080640110 Taxes: 1057.06
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School Information
Elementary School: Hill Country Junior High School: Bandera Senior High School: Bandera School District: Bandera Isd
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 679 Faurie Rd, Lakehills, TX, 78063 | $171,000 | 1 | 1 | 500 | 500 SqFt |
| 806 Blue Bill Cove Dr, Lakehills, TX, 78063 | $399,500 | 2 | 3 | 2,528 | 2,528 SqFt |
| 125 Northlake Cove, Lakehills, TX, 78063 | $899,950 | 4 | 5 | 3,820 | 3,820 SqFt |
| 171 Sunset Drive, Lakehills, TX, 78063 | $149,980 | 1 | 1 | 560 | 560 SqFt |
| 980 Pebble Beach Dr Nw, Lakehills, TX, 78063 | $335,000 | 2 | 2 | 1,440 | 1,440 SqFt |
| 259 Park Dr, Lakehills, TX, 78063 | $199,000 | 2 | 2 | 1,792 | 1,792 SqFt |
| 208 Scenic Mountain Dr, Lakehills, TX, 78063 | $699,000 | 2 | 3 | 2,300 | 2,300 SqFt |
| 158 Mountain Spur Dr, Lakehills, TX, 78063 | $114,000 | 2 | 1 | 560 | 560 SqFt |
| 1597 Pipe Springs, Lakehills, TX, 78063 | $399,000 | 1 | 1 | 320 | 320 SqFt |
| 223 Lookout Dr, Lakehills, TX, 78063 | $129,900 | 2 | 1 | 1,346 | 1,346 SqFt |
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Nearby For Sale
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of SABOR MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 SABOR MLS. All rights reserved.
ByOwner last updated this listing 07/18/2026 @ 18:30
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