140 Lake Terrace Dr

Lakehills, TX 78063

$230,000

4 beds
2 baths
1,568 sq ft
1.31 acres
Built 2012

Listed by eXp Realty · MLS #1936152

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140 Lake Terrace Dr, Lakehills, TX 78063 · MLS #1936152

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

Set on over 1.3 acres in Lakehills, Texas, this 4-bedroom, 2-bath home with a detached guest house (ADU) offers the perfect blend of country living with convenient access to San Antonio.

Living spaces

The main residence features a spacious open living room, a large kitchen with island, and an eat-in dining area, creating a functional layout for everyday living and entertaining.

Year built

Built in 2012.

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

THE PROPERTY

Get to know the property.

Set on over 1.3 acres in Lakehills, Texas, this 4-bedroom, 2-bath home with a detached guest house (ADU) offers the perfect blend of country living with convenient access to San Antonio. Ideal for buyers seeking Hill Country property, multigenerational living, rental income potential, or space to spread out, this unique homestead delivers flexibility, privacy, and stunning views. The main residence features a spacious open living room, a large kitchen with island, and an eat-in dining area, creating a functional layout for everyday living and entertaining. All kitchen appliances convey, and a dedicated laundry room adds convenience. The primary suite is generously sized and includes a walk-in closet, ceiling fan, and en-suite bathroom with a walk-in shower, soaking tub, and vanity. Three additional bedrooms provide comfortable space, each with ceiling fans and ample closet storage. Outdoor living truly shines with a covered front porch overlooking the Texas Hill Country, a long private driveway, and two separate 2-car carports offering abundant parking. The property also includes expansive decking leading to the detached guest house, making it ideal for hosting visitors or creating a private retreat. The detached guest house (approximately 400 sq ft) includes a large open room that can function as a bedroom and living space, a kitchenette with sink, refrigerator, and cabinet storage, plus a full bathroom and closet. A covered porch and accessibility ramp enhance usability, making this space perfect for extended family, guests, or potential rental income. Located just minutes from downtown Lakehills, this property offers easy access to grocery stores, gas stations, and Medina Lake, making it a great option for those who enjoy boating, fishing, and outdoor recreation. Commuters will appreciate the proximity-approximately 20 minutes to Helotes, 25 minutes to San Antonio, and 40 minutes to Lackland Air Force Base. This is rural Hill Country living at its finest, offering acreage, versatility, and location-without sacrificing access to city amenities.

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THE NEIGHBORHOOD

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140 Lake Terrace Dr, Lakehills, TX 78063

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2012
Full baths: 2
Half baths: 0
Cooling: Two Central
Heating: Central
Flooring: Carpeting, Linoleum, Laminate
Exterior: Siding
Pool features: None
Subdivision: LAKEVIEW
Parcel: 14567000022590
HOA amenities: None
Elementary school: Hill Country
Middle school: Bandera
High school: Bandera
Annual property tax: $1,505.00

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$574.66

Estimated monthly rent$958.33

Cap rate3.25%

Annual operating income: $7,470.97

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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Purchase price

Rental income & operating costs

Estimated monthly rent

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

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

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.

Monthly HOA

Other monthly costs

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

Down payment (%) Interest rate (%) Loan term

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

Estimated monthly principal & interest—Loan 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).

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Listing information

MLS #1936152 · San Antonio Board of Realtors

Listing brokerage: eXp Realty
Listing agent: Katheryn Powers

Listing status: Active. Record updated September 11, 2026. Confirm current availability and price with the listing agent.