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A+
NoAgentList RatingHow are grades calculated? Info

$135,000

1011 Lake Franklin Drive, Winnsboro, TX, 75494

$175,500 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,625 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$83.08 / sqft
Year BuiltBuilt in 1800

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Warming Drawer, Washer
FlooringCarpet, Ceramic Tile

Land Information

APN01131-01000-00430-000000
Land UseResidential
Legal DescriptionAB 308 J P MOSLEY HOUSE ON LAKE FRANKLIN SITS ON PID 10846 LTE PEGGY S NELSON
Census Tract950300
Assessed Improvement Value$211,880
Assessment Year2025

About this property

Weekend retreat or full-time home on Lake Franklin with gorgeous lake views. The 2 or 3 bedrooms and 2 bathroom home comes fully furnished! This home features an open concept with the kitchen, living and dining all open to accommodate entertaining large families. The spacious master bedroom has vaulted ceilings with his and her en suite sinks that connect to the shower and one of the master closets. The spacious guest bedroom is conveniently located just across the hall from the guest bathroom. With the 33'X10' Screened in patio, you are sure you enjoy the outdoors without the outdoors bugging you or enjoy the 33'X12 heated and cooled sunroom. Outside is a tool shed and behind the tool shed is a gardening shed.

Investor Tools

Property Icon
$208,000
Estimated Property Value
$0Estimated Mortgage Balance
$136,773Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$175,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$146
$74,210
2025
N/A
$211,880
$211,880
No

Tax History

Year
Tax Paid
Assessed Value
2025
$146
$74,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mineola Community Bank Ssb
Commercial
$80,500
No
First
Jun 26, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,227
$136,773
65%
34%
$483/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.

Explore Texas Explore This Area
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: Winnsboro

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1011 Lake Franklin Drive | Property Details | No Agent List