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B+
NoAgentList RatingHow are grades calculated? Info
Days34Days on Market
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$299,000

109 King Lyle Rd, Scroggins, TX, 75480

$388,700 ARVInfo
On MarketInfo
Beds2 Beds
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.33 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

About this property

STUNNING LAKE CYPRESS SPRINGS COTTAGE: A PEACEFUL LAKESIDE RETREAT IN GATED KINGS COUNTRY Experience the ultimate East Texas escape in this charming 2-bedroom, 2-bathroom cottage nestled within the prestigious Kings Country subdivision, a premier gated lakeside community on Lake Cypress Springs. Combining comfort with total reliability, this home features serene water views and a built-in Generac generator for the ultimate peace of mind. Interior Excellence & Smart Design Accessible Living: Functional single-level, split-primary floor plan designed for privacy and ease of movement. Modern Comforts: Featuring double vanities, ceiling fans, and a full suite of appliances (refrigerator included). The Hobbyist’s Lake Home Dream Outdoor Living: Relax on the screened-in porch, designed for bug-free entertaining while taking in views of the water and towering pines. Massive Storage: A true hobbyist's setup featuring a detached garage, separate workshop, and additional storage building for all your lake toys. Modern Conveniences: Central electric HVAC, attic fan, full sprinkler system, security lighting, and gutters. Exclusive Kings Country Amenities Residents of this secure gated community enjoy premier access to: Private boat ramp & dock Elitefishing spots, tennis courts, multiple parks and playgrounds. The picturesque lifestyle of Lake Cypress Springs, one of East Texas’s most desirable locations. Whether you are searching for a full-time residence or a peaceful lake community retreat, this delightful cottage offers charm and security in an unbeatable location.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$108,000Estimated Mortgage Balance
$222,835Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$388,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

Interested in this property?

LeeAnn Sears

Sears Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,512
$273,600
2025
$14,750
$258,850
$273,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,512
$273,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust
Commercial
$108,000
No
First
Dec 19, 2019
Dec 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,567
$225,433
70%
30%
$648/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: Scroggins

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109 King Lyle Rd | Property Details | No Agent List