137 Cherokee Trail

Lakehills, TX 78063
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756 Sqft. ($562/Sqft.)
2.89 Lot Acres
Multi-Family

Audio narrative

Description

GREAT INVESTMENT OPPORTUNITY OUT ON MEDINA LAKE! Welcome to the Rising Sun at Medina Lake - a small AirBNB, RV and Campground resort built in 2021/2022 and opened in September of 2022. This property contains 6 lots being sold all together for a total of 2.89 acres with nearly 1000 feet of lakefront access of Medina Lake (when the lake is full). It boasts 3 new tiny homes (each comes fully furnished, with one full bathroom, kitchenette with fridge, microwave and sink, bedroom loft, and private hot tub and each rents for $195 per night). Plus 2 full hookup RV sites in the upper area as well as small campground with 5 tent pad sites and 3 dry camping RV sites. New concrete plunge pool with deck, fence with electric gate, well (600ft down to Edwards Aquifer) and an Aerobic Septic System and Electricity installed in 2022.

MLS#
SABORTX-1750876
List Price
$425,000 ($562/Sqft.)
Listing Status
For Sale
Address
137 Cherokee Trail
City
State
TX
Zip Code
Subdivision
LAKE MEDINA HIGHLAND
Legal Description
LAKE MEDINA HIGHLANDS A BLK 5 LT 1-2 0.16 ACRES
Property Type
Multi-Family
Building Size
756 Sqft/Appraisal District
Lot Size
2.89 Lot Acres/Appraisal District

Exterior

Foundation
Other
Exterior Type
Other
Exterior
Covered Patio/Deck, Screened Porch

Interior

Floors
Vinyl
Heating
Window Unit

Lot information

Lot Size
2.89 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Investor, Other
Other Fees
No
Maintenance Fee
No
Maint Fee Includes
Insurance,Utilities

Additional information

HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

San Antonio Board of Realtors®
Source last updated Apr 27, 2024 at 03:27 PM
Listing last updated Apr 17, 2024 at 08:42 AM
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137 Cherokee Trail, Lakehills, TX 78063. View photos, map, tax, nearby homes for sale, home values, school info...

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