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$452,000

NAL Estimated Property Value

11843 W Lake Drive, Murchison, TX, 75778

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,070 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.85 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage

Building Information

Year Built1992
Roof Type105
Garage Spaces2

Land Information

APN2685-0000-0080-10
Lot Number8
SubdivisionEcho Lake (82)
Land UseResidential
Legal Description8 AB 847 A YORK SUR, ECHO LAKE, LT 8
Census Tract950202
Assessed Land Value$100,152
Assessed Improvement Value$430,024
Assessment Year2025

About this property

Watch Bald Eagles sore thru the air at your Lakefront Gated Community, Fully Furnished home that comes with a boathouse and a boat! Echo Lake is located between Athens and Tyler, 75mi to Dallas. Home 2070sf 3 bed 2 bath, boathouse on almost 1 acre, attached 2 car garage with a 10x10 outbuilding. Roof replaced 2017. Open concept from Kitchen to dining room to living room all wide open featuring a wood burning brick hearth fireplace and expansive views of The Perfect part of the lake with 117sf of waterfront. ECHO: 500 acres, 131 acre trophy bass fishing, private 2600ft paved airstrip, 250ft outdoor shooting range, 40 acre horse pasture with 2 story barn, and miles of walking trails.

Investor Tools

Property Icon
$452,000
Estimated Property Value
$352,000Estimated Mortgage Balance
$100,000Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,892 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
$875/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,911
$448,719
2025
$100,152
$430,024
$530,176
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,911
$448,719

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Loan Amount $10-99 Billion - Only First Nine Digits Of Loan Amount Entered Due To Field Length Limitations. Need To Multiply Loan Amount Field By 100 For The Actual Loan Amount.
$35,200,000
No
First
Nov 16, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$352,000
$100,000
22%
78%
$0/mo

City: Murchison

11843 W Lake Drive | Property Details | No Agent List