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B+
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Days32Days on Market
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$1,350,000

1144 Paradise Cove, Streetman, TX, 75859

$1,627,349 ARVInfo
On MarketInfo
Beds6 Beds
Baths7 Bath
Baths4,041 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$334.08 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 7Bathrooms 7
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Hardwood, Varies

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size1.35 acres

Building Information

Year Built2021
Stories2
Garage Spaces4

Land Information

APN113464
Lot Number62
SubdivisionAdmiral Shores On Richland Chambers Lake
Land UseResidential
Legal DescriptionA0500.03 ADMIRAL SHORES ON RICHLAND CHAMBERS LAKE PH 3 LOT 62 1.354 ACRES
Census Tract970701
Assessed Land Value$294,900
Assessed Improvement Value$816,900
Assessment Year2025

About this property

Hidden along the peaceful shores of Richland Chambers Lake, is this stunning modern farmhouse gem. Located inside the gated community of Admiral Shores on 1.354 waterfront acres, this luxury lakefront property combines upscale design, breathtaking views, and exceptional flexibility for full-time living, weekend getaways, or vacation rental investment potential. Built in 2021, the home offers approximately 4,041 sq ft with 6 bedrooms, 6 full bathrooms, and 1 half bath. Designed for entertaining and comfortable group gatherings, the open-concept floorplan is filled with natural light, soaring cathedral ceilings, exposed wood beams, decorative lighting, and expansive lake-facing windows that showcase panoramic water views throughout the main living spaces. A dramatic floor-to-ceiling stone fireplace anchors the spacious living room, creating the perfect setting for cozy evenings after a day on the lake. The oversized kitchen was designed for both everyday living and hosting large groups with granite countertops, a farmhouse sink, oversized island with seating, walk-in pantry, custom cabinetry, and abundant prep space. Multiple dining and gathering areas make entertaining effortless, while the spacious bedroom layout allows guests and family members to spread out comfortably with privacy and convenience. Outside, the property truly shines. The beautifully landscaped yard gently slopes toward approximately 264 ft of premium main-body shoreline protected by a steel retaining wall. Wide open water views create the ideal backdrop for unforgettable sunsets, lakeside entertaining, boating, fishing, and relaxing weekends away from the metroplex. Covered porches and outdoor living spaces invite you to fully embrace the lake lifestyle. Whether you're searching for a luxury waterfront residence, multi-generational retreat, or income-producing short-term rental opportunity, this remarkable lake property is a rare combo of style, space, waterfront beauty, and investment potential.

Investor Tools

Property Icon
$1,397,000
Estimated Property Value
$0Estimated Mortgage Balance
$598,640Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,627,349
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,382 /month
Positive
Cash Flow Estimate:
$2,794 /month

Interested in this property?

Julie Teel

RE/MAX Lakeside Dreams

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,162/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,962
$1,111,800
2025
$294,900
$816,900
$1,111,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,962
$1,111,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Presidential Bank Fsb
Conventional
$853,714
No
First
Nov 14, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$798,360
$598,640
42%
57%
$5,119/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: Streetman

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