Water Views
Listed By:
Thad Emmons with Emmons Real Estate; (210) 861-0654
Address
12242 & 12244 Park Road 37, Lakehills, TX
Price
$ 219,000
Property Attributes
  • MLS#1920730
  • TypeSingle Family
  • Listing Status Active
  • CountyBANDERA
  • CityLakehills
  • Area2400
  • NeighborhoodAvalon
  • Zip78063
  • StyleOne Story
  • Year Built1978
  • Taxes$ 2792
  • Price$ 219,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1998
  • Lot Size0.568 Acres
Data Source:
LERA MLS
Property Description

Experience the potential of "The Lakehouse", a Hill Country property offering both residential and commercial opportunity. Perfectly positioned on Park Road 37 near Medina Lake State Park, this versatile property fronts a high-traffic road, making it ideal for business ventures or investment income. Set on just over half an acre (.568 acres) with a partial view of Medina Lake, the property includes a main home and a guest house-both ready for restoration or creative repurposing. The main house features 2 bedrooms, 1 bathroom, a foyer, covered front entry and a bonus room. The guest house adds flexibility with 1 bedroom and 1 bathroom, ideal for short-term rentals, a studio, or extended family use. With a fenced yard, ample off-street parking, and a private water well with two water storage tanks, the foundation is in place for multiple possibilities. The property's history adds to its appeal-it has previously served as a residential rental and, before that, a local restaurant. Whether you envision reviving its commercial past, developing a VRBO or weekend retreat, or crafting a full-time lakeside residence, this property delivers a unique opportunity to create something truly your own in the heart of the Texas Hill Country.

Elementary School Middle School High School
Hill Country Elementary School Bandera Middle School Bandera High School
Price History
11/5/2025 Listed $222,000
1/22/2026 2$219,000

General Features

Living Area 1998
Construction Pre-Owned
Heating None
Cooling One Window/Wall,3+ Window/Wall
Bathrooms 1
Subdivision AVALON
Builder Unknown
Class Single Residential
Type Single Family Detached
Style One Story
Roof Metal
HOA Mandatory None
Miscellaneous Commercial Potential,No City Tax,Investor Potential,As-Is
Status Active
Attached Garage No
Neighborhood Amenities None
Home Faces East
Area 2400
Year Built 1978
High School Bandera
School District Bandera Isd
Proposed Terms Conventional,Cash
Elementary School Hill Country
Middle School Bandera
Legal Description Avalon H Blk 97 Lt 1 & 3-12 0.568 Acres
Potential Short Sale No
Taxes 2792.37

Interior Features

Kitchen Length 8
Kitchen Width 17
Total Bedrooms 2
Full Baths 1
Interior Features Two Living Area,Auxillary Kitchen
Stories 1
Breakfast Room Length 8
Breakfast Room Width 8
Flooring Wood,Vinyl,Other
Living Room Width 14
Heating Fuel Electric
Bedroom2 Width 17
Family Room Length 13
Living Room Length 18
Study/Office Length 6
Study/Office Width 7
WINDOW COVERINGS None Remain

Exterior Features

Exterior Wood,Siding
Foundation Slab
Pool (Y/N) No
Exterior Features Covered Patio,Chain Link Fence,Partial Fence,Storage Building/Shed,Mature Trees,Additional Dwelling
Pool None
Lot Size 0.568
Water/Sewer Private Well,Septic
Lot Description Water View,1/2-1 Acre,Sloping,Lake Medina
Inclusions Ceiling Fans,Stove/Range,Electric Water Heater
Lot Improvements Street Paved,Asphalt,County Road
Garage Parking None/Not Applicable

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 78063

Price
AVG $500K
$220K
Taxes
AVG $5,290
$2,792
Year Built
AVG 1998
1978
Visits
AVG 200
316
Data Provided by Inside Real Estate®

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