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$232,000

NAL Estimated Property Value

1222 E Us Highway 84, Fairfield, TX, 75840

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,380 Sq Ft
price_per_sqft$177.54 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1985

Land Information

APN33040-00084-00000-000000
Land UseResidential
Legal DescriptionHOUSE ONLY REDS LAKE
Census Tract000900
Assessed Improvement Value$122,850
Assessment Year2025

About this property

Your pristine, crowd-free lake oasis is waiting for you at RED LAKE FISHING & HUNTING CLUB, INC, Completely updated 3 bedrm, 1.5 bath is perfect for a full-time homestead or a peaceful weekend hunting & fishing camp. Tucked away with quick access off Highway 84 and a secure gated back entrance, this property offers a true sense of privacy and seclusion. Cozy up in the inviting living room, where updated windows look out over towering trees and the water, and a warm electric fireplace provides the perfect spot to unwind after a long day outdoors. The heart of the home features a granite-countertop kitchen fully equipped with a stove & refrigerator, plus a handy side door leading straight to the carport for easy unloading after a supply run.The main floor hosts a quiet primary suite, complete with a quaint sitting nook and a large walk-in closet for all your gear. The main bath offers a jetted soaking tub & shower surrounded by custom tilework, with the laundry closet positioned right in the hallway for maximum convenience. Head upstairs to find two comfortable guest bedrooms separated by a handy half bath, along with a private balcony made for watching the sunrise over the water with a hot cup of coffee. The multi-level upper and lower decks deliver unmatched panoramic views of the lake. A massive, rolling yard stretches from the porch right down to the water's edge, giving you plenty of room for backyard volleyball games, summer barbecues, or tending to your garden. Greenhouse is included. Whether you want to cast a line from the shore, soak your bones in the hot tub, or just explore, this property is a nature lover's dream. With affordable dues at just $1,200 a year and negotiable furniture to make it completely turn-key, this waterfront hidden gem is ready for its next chapter. 400 total acres with 200 of it being the lake. Texas non-profit organization with 80 stockholders. One time $500 transfer fee.

Investor Tools

Property Icon
$232,000
Estimated Property Value
$0Estimated Mortgage Balance
$232,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$345
$122,850
2025
N/A
$122,850
$122,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$345
$122,850

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$232,000
100%
0%
$0/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: Fairfield

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1222 E Us Highway 84 | Property Details | No Agent List