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$1,400,000

130 Marina Drive, Bullard, TX, 75757

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,107 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$450.6 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesElectric Oven, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesDock

Building Information

Year Built1979
Roof Type105
Garage Spaces2

Land Information

APN1-80270-0011-00-003020
SubdivisionEmerald Bay
Land UseResidential
Legal DescriptionEMERALD BAYLOT 3B
Census Tract001912
Assessed Land Value$215,690
Assessed Improvement Value$538,026
Assessment Year2025

About this property

Experience luxury lakefront living in Emerald Bay, one of East Texas' premier gated communities on Lake Palestine. Residents enjoy a championship 18-hole golf course, clubhouse, swimming pool, tennis and pickleball courts, basketball court, and fishing. This beautifully updated 3-bedroom, 2-bath home offers 3,107 square feet of living space and 162 feet of open-water frontage. Originally built in 1979 and completely remodeled in 2017, with numerous updates since, the home has been meticulously maintained. The open-concept living, dining, and kitchen area is perfect for entertaining, while the primary suite features stunning lake views, a spa-inspired bath, and an impressive walk-in closet. Enjoy breathtaking sunsets from the covered deck overlooking the water. A beautifully landscaped yard extends to the shoreline, where a new bulkhead spans the entire waterfront. Additional features include a circular driveway, mature trees, a 2-car garage, golf cart garage, and workshop space.

Investor Tools

Property Icon
$871,000
Estimated Property Value
$0Estimated Mortgage Balance
$871,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month

Interested in this property?

Dana Staples

Staples Sotheby's International Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$837/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,685
$753,716
2025
$215,690
$538,026
$753,716
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,685
$753,716

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$871,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$400/mo
+$1,090/mo
2.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Bullard

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130 Marina Drive | Property Details | No Agent List