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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
0 Bed
0 Bath
15500 Sqft
Status: active | Days on site: 382
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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 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!
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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

Commercial Sale
Lot/Acreage
0.35

Year Built

1955

County

Bandera

Area

3100

 School District

Bandera Isd

Listing ID

1875285

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Window,Wall
Fireplaces:
Other:Private Well

Exterior Features

Lot:Corner,1/4 - 1/2 Acre,Partially Wooded,Gently Rolling,Lake Medina
Garage Capacity:10
Zoning:UNRESTRICTED: RESIDENTIAL
Roof:Metal
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 $88.08 $0.00 $790.64
Yearly $8,430.72 $1,057.00 $0.00 $9,487.72
Total $252,921.48 $31,710.00 $0.00 $284,631.48

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: 2026-07-17T16:26:40.000Z

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