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Days18Days on Market
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$1,200,000

111 Cypress Bay Drive, Milam, TX, 75959

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,300 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$363.64 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Dryer, Electric Oven, Electric Water Heater, Microwave, Washer

Exterior

Exterior FeaturesBalcony, Barbecue, Dock, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Entrance, Private Yard
Lot Size6.58 acres

Building Information

Garage Spaces4

Land Information

APNR006001901
Land UseAgriculture / Farming
Legal DescriptionACRES: 6.577 ABST: 160 JAMES MASON
Census Tract950100
Assessed Land Value$444,470
Assessment Year2025

About this property

Lakefront Paradise on Toledo Bend – Adventure, Entertainment & Endless Possibilities Experience the ultimate Toledo Bend lifestyle with this exceptional waterfront property designed for both relaxation and adventure. Situated on unrestricted land, this unique lake house offers the freedom to enjoy, customize, or invest without the limitations of HOA restrictions. Whether you're an avid fisherman, outdoor enthusiast, or simply looking for a place to gather with loved ones and friends, this property has it all. The spacious shop provides ample storage for boats, fishing gear, tools, ATVs, side-by-sides, and all the equipment needed for lake life. A connected private boat ramp offers convenient access to Toledo Bend, making it easy to get on the water whenever the mood strikes. Inside, you'll find a welcoming entertainment area complete with a built-in bar, creating the perfect setting for hosting game days, reunions, fishing tournaments, or weekend getaways. With plenty of room for guests and endless recreational opportunities, this property is built for making memories. Spend your days fishing one of the nation's premier bass lakes, boating, kayaking, hunting nearby public lands, or exploring the countless outdoor adventures the area has to offer. The unrestricted nature of the property also opens the door for vacation rental potential, additional structures, RV accommodations, or future expansion. Owner Financing Available!

Investor Tools

$0Estimated Mortgage Balance
$444,470Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Jared English

Congress Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,651
$444,470
2025
$444,470
N/A
$444,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,651
$444,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$444,470
100%
0%
$0/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: Milam

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111 Cypress Bay Drive | Property Details | No Agent List