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$385,000

$480,000

115 Raton Pass, Holly Lake Ranch, TX, 75765

$500,500 ARVInfo
Under ContractInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,988 Sq Ft
price_per_sqft$128.85 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Disposal, Refrigerator, Electric Oven, Electric Cooktop
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesIrrigation System, Rain Gutters
Lot Size29,673 sqft

Building Information

Garage Spaces2

Land Information

APN31746
Lot Number527
Land UseResidential
Legal DescriptionLOT 527,527-L .6812 HOLLY LAKE RANCH (SEC 9)
Census Tract950602
Assessed Land Value$81,600
Assessed Improvement Value$598,190
Assessment Year2025

About this property

With a bit of upgrading, this home is a keeper ON THE LAKEFRONT! The roof and the electrical panel were recently replaced and the outside compressor unit was replaced, too! Come appreciate this classic brick home that is ready for year-around fun, especially since it is on the deep water in Lake Greenbriar! Bring your boat! The covered dock has an electric lift. The home has three bedrooms, three bathrooms, an office or a sunroom, a wet bar, a generously sized kitchen, a dining area adjoining the huge gathering room--all perfect for entertaining! There are two brick fireplaces, a double-car side-entry garage, and a front circular drive--plenty of parking for family and friends. The primary bedroom boasts a brick fireplace for those cooler, cozier evenings. The primary also has two large walk-in closets, two dressing areas, and natural light from a skylight allows natural light. The huge relaxing tub invites one to soak and relax after a great day on the lake! The secondary bedrooms have an adjoining bath, and the third bath is conveniently located close to the laundry room and the garage. This lakefront home is a rare find, priced below assessed value. It is conveniently located just off Greenbriar Lake's dam, so you'll have front-row seats on your boat dock for the huge fireworks festival. You'll also enjoy the annual golf cart parade and the many neighborhood amenities. Finally! YOU can get your lakefront property to enjoy for a lifetime!

Investor Tools

$650,512Estimated Mortgage Balance
$32,765Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$500,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,079 /month
Positive
Cash Flow Estimate:
$1,360 /month

Interested in this property?

Carmen Dampf

Lone Star Realty - Lake Fork

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,712
$679,790
2025
$81,600
$598,190
$679,790
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,712
$679,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Advisors Group
Reverse Mortgage / Hecm
$675,000
No
First
Dec 23, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$650,512
$37,488
5%
96%
$4,528/mo

City: Holly Lake Ranch

115 Raton Pass | Property Details | No Agent List