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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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12064 Park Road 37 , Lakehills, TX 78063
$139,900
Est. Payment: $702.56/mo
2 Bed
1 Bath
511 Sqft
Status: active | Days on site: 147
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

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 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!
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Highlights

Listed by Thomas Martinez , (210) 878-6683 Leverage Realty Consulting Group , (210) 878-6683. LERA MLS - Local Expertise Regional Access mls logo

Property Type

Residential
Lot/Acreage
0.35

Year Built

1955

County

Bandera

Area

2400

 Neighborhood

Avalon

 School District

Bandera Isd

Listing ID

1935442

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Security System (Owned), Pre-Wired for Security, Electric Water Heater, Private Garbage Service
Air Cond:Two Window/Wall
Fireplaces:
Floor:Carpeting,Stained Concrete
Other:Shop,1st Floor Lvl/No Steps,High Speed Internet,All Bedrooms Downstairs
Other:Private Well

Exterior Features

Lot:Corner,County VIew,1/4 - 1/2 Acre,Mature Trees (ext feat),Sloping,Level,Lake Medina
Roof:Metal
Others: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
Sewer:Private Well,Septic
Parking Features:None/Not Applicable
Principal Interest
$703
Taxes
$88

Home Price

$139,900

Loan Details

30 yrs
6.434%

Down Payment

20%
$27,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$702.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $702.56 $88.09 $0.00 $790.65
Yearly $8,430.72 $1,057.06 $0.00 $9,487.78
Total $252,921.48 $31,711.80 $0.00 $284,633.28

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Lakehills, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

IDX service by Blueroof 360

Data last updated: 2026-07-17T18:27:39.000Z

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