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Days85Days on Market
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$425,000

$435,000

112 Greenwood Dr, Trinidad, TX, 75163

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths896 Sq Ft
price_per_sqft$474.33 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Combination

Exterior

Exterior FeaturesBoat Slip, Storage

Building Information

Year Built1970

Land Information

APN2905-0000-0230-60
Lot Number23
SubdivisionGreenwood Cove (50)
Land UseResidential
Legal DescriptionLT 23 AB 798 S WHITLEY SUR, GREENWOOD COVE LT 23, C/101
Census Tract950802
Assessed Land Value$228,000
Assessed Improvement Value$149,290
Assessment Year2025

About this property

MOTIVATED SELLER!! If you are looking for a turnkey, ready to go lake house, look no further! Located on a deep channel just a click away from open water. The home is fully furnished with everything you need. Open kitchen and living, wood burning fireplace, vaulted ceilings with wood beams for beauty and space. Outside is a covered deck, a cement patio, and cement sidewalk down to the water. The boathouse has electric lift and recently added cradle, new ladder to get in and out of the water. The wide boathouse deck is great for fishing, swimming and sitting by the water. At full lake level, the channel is about 7' deep and even when lower, boats can still get in and out. Updates over the last few years include roof, electrical updated including new panel, new chimney cap and flashing, recent exterior paint, new windows and doors, HVAC, sewer converted from septic to public sewer. Established yard with French drains on both sides, landscaping and large shade trees and storage building. Just minutes from a local favorite, Triple N Winery as well as great spots for dining and entertainment. Perfect for full-time living or weekend getaways. Beautiful Cedar Creek Lake is only an hour from Dallas, Tx. and is a favorite for both fishing and recreational activities. Seller is motivated and would love to sell this summer. Potential income from short term rental, buyer to verify that information.

Investor Tools

$0Estimated Mortgage Balance
$454,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,724 /month
Positive
Cash Flow Estimate:
$908 /month

Interested in this property?

Debra Holland

TX Lake & Land Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$625/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,224
$377,290
2025
$228,000
$149,290
$377,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,224
$377,290

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$474,000
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: Trinidad

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112 Greenwood Dr | Property Details | No Agent List