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$94,000

NAL Estimated Property Value

10 George A Green Dr, Gordonville, TX, 76245

$122,200 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,216 Sq Ft
price_per_sqft$65.79 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available

Exterior

Lot Size10,001 sqft

Building Information

Year Built2000
Garage Spaces3

Land Information

APN013A6546659
Lot Number1017,10
SubdivisionSherwood Shores Unit 1
Land UseResidential
Legal DescriptionSHERWOOD SHORES UNIT 1, LOT 1017 1018, ACRES .2296
Census Tract000304
Assessed Land Value$34,100
Assessed Improvement Value$2,463
Assessment Year2025

About this property

Opportunity awaits with these 4 combined lots totaling approximately 0.4592 acres of buildable property in a prime Lake Texoma area. Whether you are looking to build a full-time residence, vacation getaway, investment property, or weekend retreat, this property offers the utilities and location to make your plans a reality. The property is already equipped with water, electricity, an aerobic septic system, and a small shop with an electric panel, saving you time and expense as you prepare to build. With nearly half an acre, there is plenty of room for a home, garage, workshop, boat storage, outdoor entertaining space, or additional recreational use. There are no known building restrictions, and the property may also be used for parking a camper or RV. Located just minutes from the shores of Lake Texoma, you can enjoy boating, fishing, swimming, hiking, and all the outdoor recreation this popular area has to offer. Cedar Mills Marina Resort is only 2 miles away and features a marina, boat ramp, lodging, fuel dock, waterfront dining at Pelican’s Landing Waterfront Restaurant, and the Cedar Mills Airport with a 3,000 x 60 ft turf landing strip, making this an ideal location for both lake and aviation enthusiasts. Rock Creek Golf Club and Resort is just 7 miles away and offers championship golf, resort amenities, dining, and beautiful scenery. MegaStar Casino is only 4 miles away, while Choctaw Casinos and Resorts and WinStar World Casino and Resort are both less than an hour away. Conveniently located within easy driving distance of the DFW Metroplex, this property offers the perfect combination of peaceful lake living, recreation, entertainment, and investment potential.

Investor Tools

Property Icon
$94,000
Estimated Property Value
$47,087Estimated Mortgage Balance
$46,913Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$122,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$564 /month
Positive
Cash Flow Estimate:
$188 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$87/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$570
$36,563
2025
$34,100
$2,463
$36,563
No

Tax History

Year
Tax Paid
Assessed Value
2024
$570
$36,563

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sanger Bank
Building Or Construction Loan
$50,000
No
First
May 26, 2023
May 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,087
$46,913
49%
50%
$300/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Gordonville

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10 George A Green Dr | Property Details | No Agent List