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$6,795,000

10326 CR 3112 N, Kilgore, TX, 75662

On MarketInfo
Beds6 Beds
Baths7 Bath

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 7Bathrooms 7
AppliancesSome Gas Appliances, Built In Oven, Cooktop, Microwave, Range
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Fire Pit, Gas Grill, Outdoor Grill, Porch, Rain Gutters, Storage

About this property

Lake Springs Ranch is the epitome of a true East Texas live-water ranch. The property has 2 main creeks, several seep-springs, a 10 +/- acre spring-fed lake, 13,116 sqft luxury home with an infinity edge pool, fully high-fenced with exotics, and a perfectly balanced landscape with open pasture for grazing and densely wooded areas for cover. The ranch is high fenced, with Axis Deer, Oryx, Gemsbok, Fallow, Blackbuck, Rhea, and Whitetail Deer with superior genetics. The property is located just 25 minutes back to Tyler, 1.5 hours to Dallas, 3.5 hours to Houston, and 2.5 hours to Waco, and 4 hours to Austin. Home & Improvements: The home is 13,116 sqft, with 6 bd, 6.5 ba, a movie theatre, gym, full bar, and a walk-in freezer. The kitchen is equipped with high-quality appliances, a large pantry, and a stunning granite countertop as the centerpiece of the kitchen area. The backyard area comes equipped with an infinity-edge pool, hot tub, outdoor kitchen area, grill, outdoor furniture/seating. Set just below the pool is a phenomenal 10-acre spring-fed lake with a fishing dock, stocked with trophy bass. Water: Caney Creek + another spring-fed creek flow through the property and feed into the 10-acre lake. There are numerous seeps and springs that start on the property and flow into the two main creeks. The property also has some smaller ponds for cattle near the pastures. The water source for the home is supplied by West Gregg Water. Wildlife: 50+/- Whitetail deer with superior genetics, 60+/- Axis Deer, 50+/- Blackbuck, 6+/- Fallow Deer, 6+/- Oryx, 1 Gemsbok, 2 Rhea + native species like Duck, Beaver, and various bird species native to the East Texas Region. Cattle: The current owner has a premier longhorn breeding operation, equipped with 7 cross-fenced pastures, hay fields, water lines run into the pastures, working pens, and a large metal barn with a shop + an area for equipment/vehicle storage.

Investor Tools

$0Estimated Mortgage Balance
$6,795,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$40,770 /month
Positive
Cash Flow Estimate:
$13,590 /month

Interested in this property?

Joshua Smith

Keller Williams Realty - SW

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Financing Details

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

City: Kilgore

10326 CR 3112 N | Property Details | No Agent List