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.
Sold
Price Unknown
137 Cherokee Trail, Lakehills, TX 78063
3beds
756sqft
Multi Family
Built in 2022
-- sqft lot
$379,200 Zestimate®
$--/sqft
$1,802 Estimated rent
Home value
$379,200
$330,000 - $432,000
$1,802/mo
Zestimate® history
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List your homeWhat's special
Private hot tubCampground resortNew tiny homesElectric gateSmall campgroundBedroom loft
Zillow last checked:
Listing updated:
Listed by:
Alui Alton TREC #695750 (210) 367-9781,
Keller Williams Heritage
Source: LERA MLS,MLS#: 1750876
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Window Unit, Electric
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 756
- Total interior livable area: 756 sqft
Property
Parking
- Total spaces: 3
- Parking features: Parking Pad, Pad
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Screened
- Pool features: Above Ground, Heated
- Spa features: Heated
- Waterfront features: Water Front Unimproved, Other Water Access - See Remarks
- Body of water: Lake Medina
Lot
- Size: 2.89 Acres
- Residential vegetation: Mature Trees (ext feat)
Details
- Parcel number: 14501000050010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Siding
- Foundation: Other
- Roof: Metal
Condition
- New construction: Yes
- Year built: 2022
Details
- Builder name: Lone Star Structures
Utilities & green energy
- Electric: Common Electric Meter(s)
- Sewer: Aerobic Septic
Community & HOA
Community
- Subdivision: Lake Medina Highland
Location
- Region: Lakehills
Financial & listing details
- Tax assessed value: $2,790
- Annual tax amount: $3,380
- Date on market: 9/11/2025
- Cumulative days on market: 287 days
- Listing terms: Cash,Investors OK,Other
- Total actual rent: 585
Price history
| Date | Event | Price |
|---|---|---|
| 6/14/2024 | Sold | -- |
Source:  LERA MLS #1750876 Report a problem | ||
| 5/22/2024 | Pending sale | $399,000$528/sqft |
Source: LERA MLS #1750876 Report a problem | ||
| 5/7/2024 | Contingent | $399,000$528/sqft |
Source: LERA MLS #1750876 Report a problem | ||
| 5/6/2024 | Price change | $399,000-6.1%$528/sqft |
Source: LERA MLS #1750876 Report a problem | ||
| 4/6/2024 | Price change | $425,000-5.3%$562/sqft |
Source: LERA MLS #1750876 Report a problem | ||
| 3/12/2024 | Price change | $449,000-9.3%$594/sqft |
Source: LERA MLS #1750876 Report a problem | ||
| 2/11/2024 | Listed for sale | $495,000-27.7%$655/sqft |
Source: LERA MLS #1750876 Report a problem | ||
| 9/16/2023 | Listing removed | -- |
Source: LERA MLS #1673202 Report a problem | ||
| 3/14/2023 | Listed for sale | $685,000$906/sqft |
Source: LERA MLS #1673202 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $38 +1% | $2,790 |
| 2024 | $38 -3.5% | $2,790 |
| 2023 | $39 -14.6% | $2,790 |
| 2022 | $46 | $2,790 |
| 2021 | -- | $2,790 -16.7% |
| 2020 | $61 | $3,350 |
| 2019 | -- | $3,350 |
| 2018 | -- | $3,350 +20.1% |
| 2017 | -- | $2,790 |
| 2016 | -- | $2,790 +33.5% |
| 2015 | -- | $2,090 |
| 2014 | -- | $2,090 |
| 2013 | -- | $2,090 |
| 2012 | -- | $2,090 |
| 2010 | -- | $2,090 |
| 2009 | -- | $2,090 +99% |
| 2008 | -- | $1,050 |
| 2007 | -- | $1,050 |
Find assessor info on the county website
Neighborhood: Lakehills
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Nearby schools
GreatSchools rating
- 4/10Hill Country Elementary SchoolGrades: PK-5Distance: 5.3 mi
- 6/10Bandera Middle SchoolGrades: 6-8Distance: 13 mi
- 4/10Bandera High SchoolGrades: 9-12Distance: 13.1 mi
Schools provided by the listing agent
- Elementary: Hill Country
- Middle: Bandera
- High: Bandera
- District: Bandera Isd
Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$379,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$379,200
- Texas
- Bandera County
- Pipe Creek
- 78063
- Lakehills
- 137 Cherokee Trail
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