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$399,000

116 Sunset Drive, Mathis, TX, 78368

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,702 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.43 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringTile

Exterior

Exterior FeaturesDeck, Dock
Lot Size13,504 sqft

Building Information

Year Built1970
Roof Type112
Garage Spaces6

Land Information

APN1372-0001-0007-000
Lot Number7
SubdivisionPoint Loma Unit #2
Land UseResidential
Legal DescriptionPOINT LOMA UNIT #2 BLK 1 LOT 7
Census Tract011200
Assessed Land Value$116,775
Assessed Improvement Value$169,736
Assessment Year2025

About this property

FUN AWAITS ON SUNSET DRIVE!!! WELCOME TO YOUR PEACEFUL WATERFRONT RETREAT, WHERE EVERY DAY FEELS LIKE A VACATION!! THIS CHARMING LAKERONT HOME OFFERS BREATHTAKING VIEWS, AMAZING SUNSETS, AND GREAT FISHING RIGHT FROM YOUR BACKYARD. SITUATED ON THE MAIN PART OF THE LAKE, THIS RETREAT HOLDS ABUNDANT WATER PERFECT FOR KAYAKING, PADDLEBOARDING, CASTING A LINE AND BOATING. ENJOY RELAXING WALKS ALONG THE WATER'S EDGE, OR ENTERTAIN FROM THE COVERED PATIO, OPEN DECK W/TIKI BAR, AND OUTDOOR GRILLING AREA. A FISH CLEANING STATION, PIER AND DOCK MAKE LAKE LIVING EASY AND ENJOYABLE. THERE IS ALSO A DETACHED 2 CAR GARAGE/WORKSHOP. NICELY LANDSCAPED. OPEN FLOOR PLAN KITCHEN, LIVING, AND DINING TO ACCOMODATE LOTS OF GUESTS. LARGE KITCHEN PENINSULA/ISLAND HAS ROOM FOR SIX BARSTOOLS. WHEN LAKE IS FULL, YOU CAN ENJOY A WATERVIEW FROM EVERY WINDOW AND BOATING ACTIVITIES. BOAT LAUNCH JUST STEPS FROM YOUR FRONT DOOR. NOTHING ELSE FOR SALE LIKE THIS IN THE AREA, VERY UNIQUE AND WELL LOVED PLACE!! DON'T MISS OUT ON THE OPPORTUNITY TO OWN A PIECE OF PARADISE WHERE MEMORIES WILL BE MADE THAT LAST A LIFETIME!! OWNER/AGENT

Investor Tools

$170,661Estimated Mortgage Balance
$115,850Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Alicia Garcia Montemayor

AGM Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$482
$286,511
2025
$116,775
$169,736
$286,511
No

Tax History

Year
Tax Paid
Assessed Value
2023
$482
$286,511

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$192,485
No
First
Jun 5, 2020
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,661
$115,850
40%
60%
$1,155/mo

City: Mathis