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$229,000

NAL Estimated Property Value

0 Oak River (Lot 25 & B9), Frankston, TX, 75763

Off MarketInfo

About this property

Discover the perfect setting for your lake retreat in the elegant, gated waterfront community of Oak River on Lake Palestine. This beautiful 1.069 acre water view lot includes a separate boathouse lot, offering easy access to lake fun, fishing, and relaxing days on the water. Mature trees, winding paved roads, and underground utilities enhance the natural beauty and refined feel of this thoughtfully designed neighborhood. An inviting double-gated entrance welcomes you into Oak River, where scenic views and quality amenities await. Build your dream home (1800 sq.ft. minimum) just a short distance from your boathouse, or begin enjoying Lake Palestine immediately by constructing your boathouse while you plan your new home. A rare opportunity to enjoy lake living at its finest in one of Lake Palestine’s newest and most picturesque developments.

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$229,000
Estimated Property Value
$0Estimated Mortgage Balance
$229,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Frankston

0 Oak River (Lot 25 & B9) | Property Details | No Agent List