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Days81Days on Market
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$575,000

$590,000

104 Greenwood Drive, Trinidad, TX, 75163

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,090 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$527.52 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Cooktop, Gas Oven, Microwave
FlooringVinyl

Exterior

Exterior FeaturesBarbecue, Dock, Fire Pit, Garden

Land Information

APN2905-0000-0190-60
Lot Number19
SubdivisionGreenwood Cove (50)
Land UseVacant Land
Legal DescriptionLTS 19 & 20 AB 798 S WHITLEY SUR, GREENWOOD COVE LTS 19 & 20
Census Tract950802
Assessed Land Value$205,380
Assessment Year2025

About this property

Search Evan Downey Real Estate Youtube Shorts channel for video walkthrough. If you’ve been waiting for a true standout investment property on the water… this is it. Welcome to your Nordic inspired A frame retreat on the shores of Cedar Creek Lake built in 2025 and designed to absolutely impress from the moment you arrive. This isn’t just a lake house… it’s an experience. Step inside and you’re immediately greeted by soaring ceilings wrapped in warm cedar, creating that perfect blend of modern luxury and cozy, elevated cabin vibes. The kitchen is styled by sleek nordic cabinets with Taj Mahal style quartz countertops with kitchen island. The metal roof and siding not only give it that sleek architectural edge, but also durability that’s built to last, low maintenance, high style. And then there’s the lifestyle…Imagine mornings with coffee overlooking the water, afternoons on your private dock, and evenings unwinding in the Jacuzzi as the sun sets across the lake. The fire pit sets the stage for unforgettable nights, especially because the property is surrounded by mature oak trees and pines. Location? You’re just minutes from one of the area’s most popular wineries, Triple N Winery, making this an absolute magnet for weekend getaways and short-term rental demand. Now let’s talk numbers, because this one isn’t just beautiful, it performs. This property is already a proven, cash flowing short term rental business with over 30 perfect 5 star reviews. That kind of track record doesn’t just happen, it speaks to the design, the experience, and the demand. You’re stepping into something that’s already working. Whether you’re looking for a personal retreat, a hybrid investment, or a full-time income producing property…this checks every box. Unique aspects of this home include cedar wood ceiling, smooth wall finish, open floor plan, 12 foot high ceilings, quartz waterfall countertop, metal roof and siding, native Texas plants landscaping, and a Cal Spa hot tub.

Investor Tools

$527,454Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Evan Downey

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,985
$205,380
2025
$205,380
N/A
$205,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,985
$205,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank Of Brownsboro
Commercial
$164,000
No
First
Oct 24, 2024
Nov 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$527,454
N/A
0%
257%
$3,258/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: Trinidad

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104 Greenwood Drive | Property Details | No Agent List