About Park Road 37 12064, Lakehills, Texas, 78063
Located in the high-growth corridor northwest of San Antonio on Park Road 37, this unrestricted property offers a 23.72% pro-forma cap rate (solely from rental income) and flexible options to lease a minimum of six spaces (up to eight without expansion) or combine as a tenant and owner-user mix. Spanning seven lots, the property features a mixed-use building, a covered detached patio with an adjacent structure (possible food stand QSR), multiple storage structures, and two to four RV or tiny home pads with full hookups. A 1950s Spartan Mansion is seamlessly integrated into the building, creating a distinctive setting for retail, office, or lodging 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 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. Schedule your tour today!
Utilities :Electricity, Water, Telephone, Septic, Cable TV, Other
Amenities : Exterior Lighting, Security System, High Speed INternet, Fenced Storage Yard, Inside Storage, Outside Storage, Living Area, Public Restroom
Roof :Metal
Lot Decription : Corner, 1/4 - 1/2 Acre, Partially Wooded, Gently Rolling, Lake Medina
Zoning : UNRESTRICTED: RESIDENTIAL
Documents Available : Survey, Pro Forma, Floor Plan, Other
Heating : 3 Units
Air Conditioning : Window, Wall, Other
Construction : Wood, Brick, Metal, Other
Foundation : Slab, Other
Utilities :Electricity, Water, Telephone, Septic, Cable TV, Other
Amenities : Exterior Lighting, Security System, High Speed INternet, Fenced Storage Yard, Inside Storage, Outside Storage, Living Area, Public Restroom
Roof :Metal
Lot Decription : Corner, 1/4 - 1/2 Acre, Partially Wooded, Gently Rolling, Lake Medina
Zoning : UNRESTRICTED: RESIDENTIAL
Documents Available : Survey, Pro Forma, Floor Plan, Other
Heating : 3 Units
Air Conditioning : Window, Wall, Other
Construction : Wood, Brick, Metal, Other
Foundation : Slab, Other

Street Address: Park Road 37 12064
City: Lakehills
State: Texas
Postal Code: 78063
County: Bandera
Directions: From Alamo Ranch: Culebra/471, Right on FM1283, Left on Park Road (PR) 37, Property on the right, From Helotes: Bandera Rd/HWY 16, Left on PR37, Property on the right, From Pipe Creek: HWY 16, Right on FM1283, Right on PR37, Property on right

Property Information :
Listing Status: Active
Size: 15,500 Sqft
Lot Size: 0.35 Acres
MLS #: 1875285
Price: $189,900
Tax Amount: 846.73
Construction Status: Built in 1955
Last Modified : Aug 27 2025 8:05PM

Courtesy of: Thomas Martinez, Leverage Realty Consulting Group (MLS# LRCG00)
Source MLS: SABOR