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$558,973

NAL Estimated Property Value

12051 W Lake Dr, Murchison, TX, 75778

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,790 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.37 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesDock, Storage

Building Information

Year Built1997
Roof Type105
Garage Spaces2

Land Information

APN2685-0000-0010-10
Lot Number1
SubdivisionEcho Lake (82)
Land UseResidential
Legal DescriptionLT 1 AB 847 A YORK SUR, ECHO LAKE, LT 1
Census Tract950202
Assessed Land Value$136,960
Assessed Improvement Value$422,013
Assessment Year2025

About this property

Morning light dances across the water as you step onto your own private dock—this is everyday life at 12051 W Lake Drive. Tucked inside the gated Echo Lake community, this beautifully maintained one-story lakefront home rests on nearly three-quarters of an acre, offering peaceful waterfront living with room to breathe, relax, and enjoy the outdoors. Mature trees frame the property, while expansive green space leads gently to the shoreline, creating a setting that feels both private and inviting. Inside, the home unfolds with a warm, functional layout designed for easy living. Large windows fill the living and family rooms with natural light and lake views, while wood-burning fireplaces add character and comfort. The kitchen features granite countertops, built-in cabinetry, and a bright breakfast area—perfect for casual mornings or gathering after a day on the water. Three spacious bedrooms and two full baths provide comfortable accommodations, while the sunroom offers a peaceful place to unwind and take in the scenery year-round. Step outside to enjoy quiet evenings by the lake, fishing from your dock, or hosting friends in the expansive yard. A two-car garage and additional storage building offer plenty of space for tools, lake gear, and hobbies. Echo Lake POA amenities include fishing, walking and biking areas, community events, and access to an on-site hangar with separate membership—making this a truly unique lifestyle opportunity. Whether you’re searching for a full-time lake house, a weekend retreat, or a peaceful escape from city life, this waterfront property delivers timeless charm, natural beauty, and the relaxed pace of lakeside living—all just waiting to be enjoyed.

Investor Tools

Property Icon
$558,973
Estimated Property Value
$387,042Estimated Mortgage Balance
$171,931Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$954/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,650
$558,973
2025
$136,960
$422,013
$558,973
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,650
$558,973

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$387,600
No
First
Apr 15, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$387,042
$171,931
30%
69%
$2,324/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Murchison

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12051 W Lake Dr | Property Details | No Agent List