Major price reduction and potential to live on site while generating rental income! Welcome home to a one-of-a-kind versatile studio featuring a 1950s Spartan Mansion integrated into the primary building, creating a distinctive 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, 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 a mortgage 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
2 bedrooms
1 bathroom
511 sq. ft. floor area
crop_free0.35 ac. lot size
cottageSingle-Family
Property history for 12064 Park Road 37
2021
Sold
Undisclosed
30 Dec 2021 by Ben Aziz, of ICON REALTY
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Local market activity for 2 bedroom single-family properties in Lakehills
Sold
For Sale
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