Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2 Beds
1 Bath
1,998 sqft

$219,000

12242 & 12244 Park Road 37, LAKEHILLS TX, 78063

Price per sqft$109.61
Built in1978
Property size1,998 sqft
Property typeResidential

Overview

Active

Act

Listed Nov 5, 2025

Updated 2 days ago

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.

$1,457/mo

Est. mortgage payment based on a $219,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1920730

Interior Features

Bedrooms
2
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.57 Acres

Other Property Details

Taxes
$2,792
Tax Frequency
Annually
MLS provider logo

Courtesy of Thad Emmons, Emmons Real Estate

Listing Contact: (210) 861-0654

Source:  ©2026 Local Expertise Regional Access

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Local Expertise Regional Access®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than REAL, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Copyright © [[year] Local Expertise Regional Access®. All Rights Reserved.

Data last updated 1:11 AM UTC, 10/6/2026

Powered by Luxury Presence