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$248,500

124 Lake Park Cir, Mathis, TX, 78368

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,610 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.35 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
FlooringCarpet, Laminate

Exterior

Exterior FeaturesGarden, Other, Storage
Lot Size39,197 sqft

Land Information

APN8060-9500-0039-00
Lot Number38-40
Land UseResidential
Legal DescriptionBROWN LEASE LAKE PARK CIRCLE LOT 38-40 (IMP ONLY)
Census Tract950400
Assessed Improvement Value$123,420
Assessment Year2025

About this property

Located near Lake Corpus Christi in Brown Ranch, this spacious two-story canal-front home sits on +/- 1.6 acres at the end of a quiet road, just 3–4 minutes from IH-37 and approximately 10 minutes from Mathis, TX. Offering approximately 1,700 sq. ft., the home was extensively remodeled inside and out about six years ago with double-pane windows, vinyl siding, French entry doors, central A/C and heat with updated ductwork, and updated flooring. Downstairs features a bedroom, full bath, laundry room, spacious living area and large kitchen with custom cabinetry. Vaulted ceilings finished in pine with cedar trim add rustic lake-house character. Lifeproof vinyl flooring runs throughout the downstairs, while upstairs features Berber carpet and a private primary suite. A large game room offers space for a pool table, additional living or entertaining. Outdoor living is a highlight with a covered front porch, screened porch, additional porch and covered flagstone walkways. The huge fenced yard is truly impressive, featuring outstanding professional landscaping by Gill's Nursery, beautifully established flower beds, mature plantings and a screened greenhouse that create a peaceful, inviting outdoor setting. The property backs up to a canal with a small boat ramp and dock. Lake Corpus Christi is a short walk away with access to a community boat ramp. Multiple covered parking areas include a large carport, RV carport and an additional carport with power and water. Two storage buildings and a storage barn provide additional space. Ideal as a full-time home, weekend getaway, vacation retreat, long-term rental or potential VRBO. Possible third lot available. Brown Ranch lots are leasehold interests. Cash buyers only.

Investor Tools

$0Estimated Mortgage Balance
$295,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Eric Bluntzer

United Country RE-Bluntzer RE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$488
$123,420
2025
N/A
$123,420
$123,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$488
$123,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$295,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Mathis

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124 Lake Park Cir | Property Details | No Agent List