Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,651,000

NAL Estimated Property Value

13420 Shumate Way, Malakoff, TX, 75148

$1,657,834 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,403 Sq Ft
price_per_sqft$697.05 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesOther

Exterior

Lot Size4,792 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN3384-0000-0040-68
Lot Number4
SubdivisionLong Cove Subd (35)
Land UseResidential
Legal Description4 AB 481 G MARTINEZ SUR, LONG COVE SUBD PH 3A, BLK 1, LT 4 (RE:9A-1A & 9A-2A) G/217
Census Tract951102
Assessed Land Value$480,000
Assessed Improvement Value$783,737
Assessment Year2025

About this property

Gracefully positioned within the coveted community of Long Cove, this beautifully appointed residence offers a tranquil retreat designed for effortless lake living. Nestled beside a serene fishing pond and surrounded by mature landscaping, the setting provides a rare sense of privacy and calm while remaining just a short trail away from an open-water boat dock—offering easy access to the lake without sacrificing the peaceful charm of its tucked-away location. Inside, thoughtfully curated designer finishes complement a spacious, light-filled layout ideal for both relaxed weekends and lively gatherings. The open-concept kitchen and great room create a natural gathering place, while upstairs living spaces—including a generous loft and expansive bunk room accommodating up to ten guests—provide the perfect setting for hosting family and friends. Outdoor living takes center stage on the oversized wraparound porch, where a built-in grill, dining area, and comfortable lounge seating invite long, leisurely evenings overlooking the pond. It’s an idyllic backdrop for morning coffee, sunset dinners, and memorable weekends at the lake. Offered fully furnished and complete with a golf cart, the home is entirely turnkey—allowing you to arrive and immediately embrace the Long Cove lifestyle. Ideally located near the community’s core amenities, residents enjoy convenient access to miles of scenic trails, golf, pickleball and tennis courts, resort-style pools, and waterfront gathering spaces. Peaceful, refined, and perfectly positioned, this home offers the best of lakeside living—where the water is moments away and every detail is designed for relaxation and connection.

Investor Tools

Property Icon
$1,651,000
Estimated Property Value
$678,285Estimated Mortgage Balance
$972,715Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,657,833
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,050 /month
Positive
Cash Flow Estimate:
$3,350 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,099/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,934
$1,263,737
2025
$480,000
$783,737
$1,263,737
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,934
$1,263,737

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Building Or Construction Loan
$772,000
No
First
Mar 22, 2021
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$678,285
$972,715
58%
41%
$3,099/mo

City: Malakoff

13420 Shumate Way | Property Details | No Agent List