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Days26Days on Market
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$365,000

1131 Lakeway Drive, Sanger, TX, 76266

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2 acres

Land Information

APNR1046577
Lot Number3
SubdivisionPalomino Bay Addition
Land UseInventory, Vacant Platted Lots/Tracts
Legal DescriptionPALOMINO BAY ADDITION BLK A LOT 3
Census Tract020204
Assessed Land Value$156,816
Assessment Year2025

About this property

2 ACRE LOTS - GATED COMMUNITY - LAKE VIEWS - NEARBY MARINA & BOAT LAUNCHES - NO CITY TAXES. Palomino Bay contains 23 two-acre lots inside an exclusive gated community. Located along the shoreline of Lake Ray Roberts in Sanger, you are just across the street from the local marina and boat launches are within walking distance! Come and pick out your custom homesite for your dream home before they are all sold! Lot 3 is near our main entry with over 400’ of lot depth for your custom home! NOTE: All shoreline around the lake is owned and managed by the U.S. Corps of Engineers. No individual boat docks are allowed.

Investor Tools

$0Estimated Mortgage Balance
$156,816Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

Interested in this property?

Michael Greiner

My Castle Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$65/month
$2,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$156,816
2025
$156,816
N/A
$156,816
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$156,816

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$156,816
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.

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: Sanger

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1131 Lakeway Drive | Property Details | No Agent List