MLS# 1875285 – 12064 Park Road 37, Lakehills, TX 78063

Price: $199,900
Lot Size Acres: 0.35
Lot Size SqFt: 15,289
Status: New
Property Type: Multi-use
Year Built: 1955
Days on Website: 6

Courtesy of Leverage Realty Consulting Group, Thomas Martinez (800) 401-0199

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!

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Property Details and Features

  • Listing
  • Listing date: 2025-06-12 05:00:00
  • 5 days on market
  • 5 cumulative days on market
  • $331 per square foot
  • Location
  • County: Bandera
  • Area: 3100
  • Building
  • Built in 1955
  • Approximate age: 70
  • Building/center name: FORMER RETAIL BUSINESS
  • Wood
  • Brick
  • Metal
  • Other
  • 604 square feet
  • 604 office square feet
  • 604 retail square feet
  • 1 story
  • 2 buildings
  • Foundation
  • Slab
  • Other
  • Roof
  • Metal
  • Amenities
  • Exterior Lighting
  • Security System
  • High Speed INternet
  • Fenced Storage Yard
  • Inside Storage
  • Outside Storage
  • Living Area
  • Public Restroom
  • Interior Features
  • Ceiling height: 7
  • Cooling
  • Window
  • Wall
  • Other
  • Heating
  • 3 Units
  • Lot
  • Lot size: 0.351
  • Property
  • Zoning: UNRESTRICTED: RESIDENTIAL
  • Schools
  • School district: Bandera Isd
  • Miscellaneous
  • Gross income: 26400.00
  • Net operating income: $22,053
  • Monthly lease: $0
  • Insurance: 1500.00
  • None
  • Forecast
  • Grade Level
  • No
  • Other
  • Maintenance: 1000.00
  • 3 rentals
  • 10 parking spaces
  • 3 units
  • Other tax: 27.28
  • Taxes
  • Total tax: $847
  • Annual tax: $847
  • City tax: $0
  • County tax: $339
  • $480 school tax
  • Property Tax ID: 10300080640110
  • Utilities
  • Gas utility supplier: Private
  • Electric utility supplier: BEC
  • Garbage utility supplier: Private
  • Water utility supplier: Private Well
  • Sewer utility supplier: Septic
  • Other utility supplier: GVTC
  • Waste removal: 1000.00
  • Electricity
  • Water
  • Telephone
  • Septic
  • Cable TV
  • Other

Property Map

$199,900 – 12064 Park Road 37, Lakehills, TX 78063

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