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For sale
  • Price cut: $10K (7/12)
    $189,900

    12064 Park Road 37, Lakehills, TX 78063

    3beds
    15,500sqft
    : 
    Multi Family
    Built in 1955
    -- sqft lot
    $66,300 Zestimate®
    $12/sqft
    $-- HOA

    What's special

    Covered detached patioMultiple storage structures
    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!
    59 days
    on Zillow
    |
    227
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    14
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    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2025 at 12:07am

    Listed by:

    Thomas Martinez TREC #811495 (210) 878-6683,

    Leverage Realty Consulting Group

    Source: SABOR,MLS#: 1875203MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 12064 Park Road 37.

    Next available tour time:Today at 1pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • 3+ Units, Electric
    Cooling
    • 3+ Window/Wall, Other
    Appliances
    • Included: Oven/Stove, Refrigerator
    Features
    • Flooring: Carpet, Painted/Stained
    • Windows: Solar Screens, Window Coverings
    • Has basement: No
    Interior area
    • Total structure area: 15,500
    • Total interior livable area: 15,500 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Carport, Parking Pad, Pad
    • Has carport: Yes
    Features
    • Levels: One
    • Patio & porch: Patio, Covered
    • Body of water: Lake Medina
    Lot
    • Size: 0.35 Acres
    • Residential vegetation: Mature Trees, Partially Wooded, Mature Trees (ext feat)
    Details
    • Additional structures: Workshop
    • Parcel number: 10300080640110

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Wood Siding, Metal Structure
    • Foundation: Slab, Other
    • Roof: Metal
    Condition
    • Year built: 1955
    Details
    • Builder name: Varies

    Utilities & green energy

    • Electric: BES, Common Electric Meter(s)
    • Gas: Private
    • Sewer: Septic, Septic
    • Water: Private Well, Common Water Meter(s)

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Avalon
    Location
    • Region: Lakehills

    Financial & listing details

    • Price per square foot: $12/sqft
    • Tax assessed value: $39,540
    • Annual tax amount: $1,057
    • Price range: $189.9K - $189.9K
    • Date on market: 6/12/2025
    • Listing terms: Conventional,FHA,VA Loan,Cash,Investors OK,Other
    • Total actual rent: 2050
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