ActiveResidential · sale

582 Blue Bill Cove Dr.

Lakehills, TX 78063

$254,600

  • 2 beds
  • 1 baths
  • 960 sq ft
  • 1.43 acres
  • Built 1970

Listed by Rigel Realty LLC · MLS #1996322

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PROPERTY QUESTIONS & SHOWINGS

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582 Blue Bill Cove Dr., Lakehills, TX 78063 · MLS #1996322

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Relax on the expansive deck beneath the trees, gather around the fire pit under the stars, enjoy the outdoor game area, fire up the BBQ, or unwind in the spacious screened-in game room that extends your living space an extra 532 square feet all year-round.

Year built

Built in 1970.

Property size

1.43 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to Sunset Haven-a beloved Hill Country retreat where peaceful mornings, breathtaking sunsets, and proven investment potential come together on 1.43 private acres in the heart of Lakehills. Originally built in 1970 and thoughtfully renovated while preserving much of its original character, this inviting 2-bedroom, 1-bath home offers 960 square feet of comfortable living surrounded by mature oak trees and beautiful Hill Country scenery. Whether you're searching for a weekend getaway, full-time residence, or an established income-producing property, Sunset Haven is ready to welcome you. For the past two years, the property has operated as a successful Airbnb with consistent bookings, and rental history is available to qualified buyers. Even better, the adjoining half-acre lot is included, providing additional privacy, future possibilities, or room to simply enjoy the peaceful surroundings. Outdoor living is where this property truly shines. Relax on the expansive deck beneath the trees, gather around the fire pit under the stars, enjoy the outdoor game area, fire up the BBQ, or unwind in the spacious screened-in game room that extends your living space an extra 532 square feet all year-round. Just minutes from Medina Lake, you'll enjoy the laid-back Hill Country lifestyle with boating, fishing, nature, and unforgettable sunsets right outside your door. For buyers looking for a truly turnkey opportunity, all furnishings are included with a full-price offer. Simply arrive and start enjoying the property-or continue operating it as a successful short-term rental from day one. Whether you're looking for a peaceful place to hang your hat, a weekend escape, or an investment that is already producing income, Sunset Haven offers the rare combination of charm, privacy, comfort, and opportunity.

THE NEIGHBORHOOD

Explore the location.

582 Blue Bill Cove Dr., Lakehills, TX 78063

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1970
Full baths
1
Half baths
0
Cooling
One Central
Heating
Central
Flooring
Stained Concrete
Exterior
Brick, Stucco
Pool features
None
Subdivision
LAKE MEDINA HIGHLAND
Parcel
15403000040164
HOA amenities
Lake/River Park, Boat Ramp
Elementary school
Bandera
Middle school
Bandera
High school
Bandera
Annual property tax
$2,126.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$581.42
Estimated monthly rent$1,060.83
Cap rate2.99%

Annual operating income: $7,613.49

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

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  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #1996322 · San Antonio Board of Realtors

Listing brokerage: Rigel Realty LLC
Listing agent: Roger Gauvreau

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.