137 Cherokee Trail

Lakehills, TX 78063

$425,000
Price
—
Beds
756 Sq. Ft.
$562 / Sq. Ft.
756
Sq. Ft.
$562
per Sq. Ft.

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...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.
  1. Listed by Alui Alton • TREC #695750 • Keller Williams Heritage • aaltonREALTOR@gmail.com

Property Details for 137 Cherokee Trail

School District
Bandera Isd
Subdivision
LAKE MEDINA HIGHLAND
Exterior
Siding

Location

Listing Courtesy of Keller Williams Heritage
Add your commute
LISTING UPDATED: 04/17/2024 02:06 AM

Property Details for 137 Cherokee Trail

StatusActive
MLS #1750876
Days on Market84
Taxes$3,380 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / One Story
Year Built2022
Lot Size2.89 AC / 125,888 SF
CountyBandera County

Location

Listing Courtesy of Keller Williams Heritage
Add your commute

Building Information for 137 Cherokee Trail

Stories-Residences3Year Built2022Building Size-Lot Size2.89 AC / 125,888 SF

Payment Calculator

$2,601 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$282

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 137 Cherokee Trail

Summary
Location and General Information
  • Area: 2400
  • Elementary School: Hill Country
  • Middle School: Bandera
  • High School: Bandera
  • Instruction/Direction: From 1604 exit toward TX-16/San Antonio/Bandera Turn left onto PR 37 for 12.9 miles.
  • Accessible/Adaptive Home: No
  • County: Bandera
  • State: TX
  • Zip: 78063
  • City: Lakehills
Taxes and HOA Information
  • HOA Mandatory: None
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 14501000050010
Property
Property and Assessments
  • Legal Description: LAKE MEDINA HIGHLANDS A BLK 5 LT 1-2 0.16 ACRES
  • Subdivision Legal Name: LAKE MEDINA HIGHLANDS A
  • Builder Name: Lone Star Structures
  • Year Built: 2022
  • Type: One Story
Lot Information
  • Source Sqft: Appsl Dist
  • Legal Desc-Lot: 1-2
  • Square Feet: 756.0
  • Apprx Age: 2
  • Lot Size: 2.89
Utilities
  • Air Conditioning: Window/Wall
  • Heat: Window Unit
  • Heating Fuel: Electric
  • Water/Sewer: Aerobic Septic
  • Meters: Common Electric
Interior and Exterior Features
Interior Features
  • Flooring: Vinyl
Exterior Features
  • Exterior Features: Covered Patio, Above Ground Pool, Pool is Heated, Hot Tub, Screened Porch, Water Front Unimproved, Mature Trees (ext feat), Lake Medina, Other Water Access - See Remarks
  • Construction: New
  • Roofing: Metal
  • Foundation: Other
  • Proposed Terms: Cash, Investors OK, Other
Multi Family
Multi-Family Information
  • Annual Operating Expense: 15840.0
  • Gross Annual Income: 48000.0
  • Operating Expense Includes: Insurance, Maintenance, All Utilities
  • Net Operating Income: 11160.0
Unit 1
  • Unit 1 Info: Furnished
  • U1 Occupied: No
  • U1 Bedroom: 1
  • U1 Fulls Baths: 1
  • U1 Half Baths: 0
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 1
  • U1 Park Type: Pad
  • U1 Rent: $195.00
Unit 2
  • Unit 2 Info: Furnished
  • U2 Occupied: No
  • U2 Bedroom: 1
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 1
  • U2 Park Type: Pad
  • U2 Rent: $195.00
Unit 3
  • Unit 3 Info: Furnished
  • U3 Occupied: No
  • U3 Bedroom: 1
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 Handicap Access: No
  • U3 Num of Parking Spaces: 1
  • U3 Park Type: Pad
  • U3 Rent: $195.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 137 Cherokee Trail

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 137 Cherokee Trail

Taxable ValueLand$2,790Additions-Total$2,790
Tax Record2023$46 ($4 / month)
Home Facts
Beds0Lot Size6,970 SqFtStyleResidentialCountyBANDERAAPN147452

Schools near 137 Cherokee Trail

This home is within Bandera Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Hill Country Elementary School
PublicPK to 5

Bandera Middle School
Public6 to 8

Bandera High School
Public9 to 12

Alkek Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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137 Cherokee Trail is a multi-family home for sale in Lakehills, TX 78063. This property was listed for sale on February 11, 2024 by Keller Williams Heritage, it's currently listed at $425,000. This listing's school district is Bandera Independent School District. Nearby schools include Hill Country Elementary School, Bandera Middle School and Bandera High School. 137 Cherokee Trail is a 0-bed, 0-bath, 756 sqft multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Heritage

Based on information from one of the following Multiple Listing Services: Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.