About 12064 Park Road 37
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!
Features of 12064 Park Road 37
| MLS® # | 1935442 |
|---|---|
| Price | $130,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 511 |
| Acres | 0.35 |
| Year Built | 1955 |
| Type | Single Residential |
| Sub-Type | Single Family Detached |
| Style | One Story, Split Level, Other |
| Status | Active |
Community Information
| Address | 12064 Park Road 37 |
|---|---|
| Area | 2400 |
| Subdivision | AVALON |
| City | Lakehills |
| County | Bandera |
| State | TX |
| Zip Code | 78063 |
Amenities
| Amenities | Lake/River Park, Boat Ramp |
|---|---|
| Parking | None/Not Applicable |
| View | Lake Medina |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Shop, 1st Floor Lvl/No Steps, High Speed Internet, All Bedrooms Downstairs |
|---|---|
| Appliances | Security System (Owned), Pre-Wired for Security, Electric Water Heater, Private Garbage Service |
| Heating | 1 Unit |
| Cooling | Two Window/Wall |
| Fireplace | No |
| Fireplaces | Not Applicable |
| # of Stories | 1.0 |
| Stories | 1 |
Exterior
| Exterior | Wood, Siding, Metal Structure |
|---|---|
| Exterior Features | Patio Slab, Covered Patio, Chain Link Fence, Solar Screens, Storage Building/Shed, Has Gutters, Mature Trees, Detached Quarters, Dog Run Kennel, Workshop, Other - See Remarks |
| Lot Description | Corner, County VIew, 1/4 - 1/2 Acre, Mature Trees (ext feat), Sloping, Level, Lake Medina |
| Roof | Metal |
| Construction | Pre-Owned |
| Foundation | Slab |
School Information
| District | Bandera Isd |
|---|---|
| Elementary | Hill Country |
| Middle | Bandera |
| High | Bandera |
Additional Information
| Date Listed | January 21st, 2026 |
|---|---|
| Days on Market | 238 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Thomas Martinez |
|---|---|
| Office | Leverage Realty Consulting Group |
| Contact Info | (210) 878-6683 |
| Office Contact | (210) 878-6683 |