Offered at $300,000 with seller financing available. Unique Medina Lake investment opportunity on 0.322 acres featuring a finished 3-bedroom, 2 & 1/2 -bath lakefront home nestled in the trees with a large balcony and beautiful lake views, an incomplete lower level, plus a three-story, partially completed multifamily project (Currently being used as a Warehouse/Storage) with plumbing, electricity, bathrooms, and living quarters already in place. When the lake is full, the water comes within approximately 10 feet of the property. With no HOA and significant value-add potential, this is an ideal opportunity for an investor looking for a flip or redevelopment project. Owner will remove everything from warehouse with approved contract. Owner also selling 786 39th St W 2 Property Deal Oppurtunity
New construction
$300,000
272 PLUM COVE RD, Lakehills, TX 78063
3beds
5,763sqft
Single Family Residence
Built in 2021
0.32 Acres Lot
$297,700 Zestimate®
$52/sqft
$-- HOA
What's special
Large balconyNestled in the treesBeautiful lake views
- 2 days
- 165
- 7
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Allan Salazar TREC #837744 (210) 941-7639,
Mi Casa Su Casa Properties
Source: LERA MLS,MLS#: 2012026
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Outside Access, Walk-In Closet(s), Ceiling Fan(s), Full Bath, Other
- Area: 156
- Dimensions: 12 x 13
Bedroom 2
- Area: 168
- Dimensions: 12 x 14
Bedroom 3
- Area: 192
- Dimensions: 12 x 16
Primary bathroom
- Features: Shower Only, Single Vanity
- Area: 90
- Dimensions: 10 x 9
Dining room
- Area: 220
- Dimensions: 11 x 20
Kitchen
- Area: 90
- Dimensions: 10 x 9
Living room
- Area: 220
- Dimensions: 11 x 20
Heating
- Central, Electric
Cooling
- Central Air, Two Window/Wall
Appliances
- Included: Cooktop, Range, Vented Exhaust Fan
- Laundry: Lower Level, Washer Hookup, Dryer Connection
Features
- One Living Area, Liv/Din Combo, Kitchen Island, High Ceilings, High Speed Internet, Master Downstairs, Ceiling Fan(s), Chandelier
- Flooring: Laminate
- Windows: Window Coverings
- Basement: Unfinished
- Attic: Access Only,Storage Only
- Has fireplace: No
- Fireplace features: Not Applicable
Interior area
- Total interior livable area: 5,763 sqft
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Has view: Yes
- View description: County VIew
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Front, Waterfront, River Front, Improved Water Front, Water Access, Water Front Improved
- Body of water: Lake Medina
Lot
- Size: 0.32 Acres
- Features: Secluded, Sloped
- Residential vegetation: Partially Wooded, Mature Trees (ext feat)
Details
- Additional structures: Second Residence, Workshop
- Parcel number: 14502000010080
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional,Texas Hill Country,Other
- Property subtype: Single Family Residence
Materials
- Siding, Aluminum Siding, Steel Frame, Metal Structure
- Foundation: Slab, Basement
- Roof: Metal
Condition
- Under Construction,As-Is,Pre-Owned
- New construction: Yes
- Year built: 2021
Utilities & green energy
- Electric: Bandera Elec
- Sewer: Septic
- Water: Leased Water, Water System, Co-op Water
- Utilities for property: Cable Available, Private Garbage Service
Community & HOA
Community
- Features: Waterfront Access, Lake/River Park, Cluster Mail Box
- Security: Smoke Detector(s)
- Subdivision: Lake Medina Highland
Location
- Region: Lakehills
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $424,850
- Annual tax amount: $5,936
- Price range: $300K - $300K
- Date on market: 8/27/2026
- Cumulative days on market: 166 days
- Listing terms: Conventional,FHA,VA Loan,1st Seller Carry,Cash,Investors OK,Other
- Road surface type: Paved, Asphalt
Estimated market value
$297,700
$283,000 - $313,000
$2,347/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $300,000+3.4%$52/sqft |
Source: | ||
| 8/7/2026 | Listing removed | $290,000$50/sqft |
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| 5/18/2026 | Price change | $290,000-3.3%$50/sqft |
Source: | ||
| 2/25/2026 | Listed for sale | $300,000-29.4%$52/sqft |
Source: | ||
| 8/13/2024 | Listing removed | $425,000$74/sqft |
Source: | ||
| 8/2/2024 | Price change | $425,000+6.3%$74/sqft |
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| 7/30/2024 | Listed for sale | $399,999-32.2%$69/sqft |
Source: | ||
| 7/29/2024 | Listing removed | -- |
Source: | ||
| 7/25/2024 | Price change | $590,000-1.7%$102/sqft |
Source: | ||
| 7/8/2024 | Price change | $600,000-7.7%$104/sqft |
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| 11/7/2023 | Price change | $649,999-7.1%$113/sqft |
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| 9/18/2023 | Price change | $699,999-12.5%$121/sqft |
Source: | ||
| 7/8/2023 | Listed for sale | $799,999$139/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,650 -23.5% | $424,850 -6% |
| 2024 | $6,077 +17.3% | $452,200 +1.8% |
| 2023 | $5,183 -10.9% | $444,220 +24.6% |
| 2022 | $5,816 | $356,610 +106.7% |
| 2021 | -- | $172,520 +184.5% |
| 2020 | $1,099 | $60,650 |
| 2019 | -- | $60,650 -63.8% |
| 2018 | -- | $167,470 |
| 2017 | -- | $167,470 +4.1% |
| 2016 | -- | $160,950 +7.1% |
| 2015 | -- | $150,220 -2% |
| 2014 | -- | $153,290 -10.7% |
| 2013 | -- | $171,680 -8% |
| 2012 | -- | $186,650 +15% |
| 2010 | -- | $162,300 |
| 2009 | -- | $162,300 |
| 2008 | -- | $162,300 +113.6% |
| 2007 | -- | $76,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lakehills
Nearby schools
Schools provided by the listing agent
- Elementary: Lakehills Elementary
- 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.





