Market Research Report: 315 Cameron Trail, Lakehills, TX 78063
Property Overview
Address: 315 Cameron Trail, Lakehills, TX 78063
Property Type: Manufactured Home
Year Built: 2000
Lot Size: 1.06 acres
Living Area: 2,048 square feet
Bedrooms: 3
Bathrooms: 2
Listing Price: $115,000
Price per Square Foot: $56.15
Listing Date: November 9, 2025
Listing Agent: Mario Cantu, DFW Metro Housing
Property Description
This manufactured double-wide home offers expansive living spaces with oversized rooms, situated on a sloped hill providing views of Medina Lake. The property includes an outbuilding suitable for use as a workshop or "mancave." The home is in need of cosmetic restoration, presenting a significant opportunity for investors or buyers seeking a project. The property is being sold as-is.
Market Analysis
Local Real Estate Market
Lakehills, Texas, is a small community located near Medina Lake. The area is characterized by its scenic views and recreational opportunities, attracting both permanent residents and seasonal visitors. The real estate market in Lakehills is relatively modest, with properties often featuring larger lots and unique characteristics.
Comparable Properties
Comparable properties in the Lakehills area include single-family homes ranging from $100,000 to $200,000, depending on size, condition, and proximity to the lake. Given the property's need for restoration, its listing price of $115,000 is competitive within the local market.
Investment Potential
The property's location with lake views and the potential for restoration make it an attractive option for investors looking to renovate and resell or for buyers seeking a project with future value appreciation. The absence of an HOA and the large lot size provide additional flexibility for various uses.
Financial Considerations
- Property Taxes: $2,559 annually
- Tax Assessment (2025): $160,224
- Price per Square Foot: $56.15
- Estimated Monthly Mortgage Payment: Approximately $816 (based on a 30-year fixed mortgage at 6.845% interest)