806 Blue Bill Cove Dr Lakehills, TX 78063

This exceptional 2,528 square foot commercial property in Lakehills, Texas, presents a unique investment opportunity. Situated on a spacious 1.53-acre lot with direct access to a protected waterfront inlet on Medina Lake, this property boasts a partially remodeled main house featuring two bedrooms (one up, one down), and 2.5 bathrooms. The main house includes updated kitchen and bathrooms, along with two attractive glassed-in porches. A large garage and workshop, plus two carports, provide ample storage space. The property also includes two additional houses requiring refurbishment, offering significant potential for expansion or rental income. The property is unrestricted, providing flexibility for various commercial ventures. Modern infrastructure is in place, including an aerobic septic system for the main house (installed 2019), a commercial septic system installed in 2021 for a potential vacation rental business (along with electrical and concrete pads), and a 600-foot deep well with a new pipe and pump (2017). Note that Medina Lake water levels fluctuate and are currently low. Seller financing is a possibility. This property's combination of waterfront access, ample land, and existing structures makes it an attractive proposition for a variety of commercial uses.