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$130,000
2 Beds ⋅ 1 Baths ⋅ 1935442 MLS ⋅ ACTIVE Status
Major price reduction! 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!

12064 Park Road 37, Lakehills
$585,000
5 Beds ⋅ 2 Baths ⋅ 1887711 MLS ⋅ PRICE CHANGE Status
Experience the charm of this beautifully remodeled lake house, blending elegance and comfort. The home features stunning tile work, a chef's dream kitchen with high-end appliances, and abundant natural light from numerous windows with plantation shutters. Rich cedar accents add rustic sophistication. The spacious master suite opens to a serene, covered patio, perfect for relaxation. The luxurious bathroom offers a spa-like experience. A charming guest house with two bedrooms and one bath provides privacy for your guests. Gentle sloping to the waterfront. Covered parking. Gated entry.

12501 Park Road 37, Lakehills

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