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About This Home
This 2-bedroom, 1-bathroom single family at 12242 & 12244 Park Road 37 in Lakehills, TX is listed for $219,000 ($110 per sqft). Built in 1978, the home offers 1,998 sqft of living space on a 0.57 acres lot.
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.
Key Features
- Built in 1978
- 0.57 acre lot
Property Details
Monthly Cost Estimate
$1,171/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
12242 & 12244 Park Road 37
Lakehills, TX 78063
Questions & Answers
This 2-bedroom, 1-bathroom single family at 12242 & 12244 Park Road 37 is listed at $219,000 ($110/sqft). The estimated monthly payment is $949 based on 20% down at 6.5% interest.
Key features include: Built in 1978, 0.57 acre lot.
This property is listed by Thad Emmons and can be reached at (210) 861-0654 or thademmons@gmail.com.







