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!
For sale
Price cut: $10K (7/12)
$189,900
12064 Park Road 37, Lakehills, TX 78063
3beds
15,500sqft
Est.:
Multi Family
Built in 1955
-- sqft lot
$66,300 Zestimate®
$12/sqft
$-- HOA
What's special
Covered detached patioMultiple storage structures
- 59 days
- on Zillow |
- 227 |
- 14 |
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#: 1875203

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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