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$450,000

1386 Private Rd 1313, Centerville, TX, 75833

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
price_per_sqft$375 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Free Standing Refrigerator, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances
FlooringConcrete

Exterior

Exterior FeaturesLighting, No Exterior Steps, Rain Gutters

Building Information

Garage Spaces1

About this property

Tucked inside the gated community of Three Lakes Ranch, this peaceful 2 bedroom, 2 bath home offers a rare blend of waterfront living, privacy, and wide-open natural beauty. A spring-fed creek runs through the property year round, paired with tranquil lake views and mature trees that create a quiet, park-like setting filled with wildlife and natural charm. The interior features an easy flowing open layout where the living area connects to an eat-in kitchen designed for everyday comfort and casual gatherings. Soaring ceilings and recessed lighting enhance the sense of space, while the primary suite includes dual sinks and a spacious walk-in shower for a relaxed, functional retreat. Outdoor living is the highlight here. A covered front porch sets the tone for slow mornings, while the covered back patio overlooks calming water views. The creek has been carefully maintained to showcase its natural flow, and the land offers exciting potential for future enhancement, including the possibility of a private pond fed by the natural springs and the creek that flows through the property. From fishing to wildlife watching, the setting supports a true outdoor lifestyle. Practical features include a detached covered carport, a separate one car garage with additional covered parking, and a 50 amp RV service. Some existing furnishings and outdoor equipment may be negotiated to convey with the property. Community amenities include multiple lakes, a boat launch, dock, picnic areas, and high speed fiber internet, with Starlink backup available. Just 10 minutes from Centerville, you’ll find groceries, dining, and daily essentials within easy reach while still enjoying a quiet rural escape. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

Investor Tools

$0Estimated Mortgage Balance
$450,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Davis Cook

Orchard Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$660/month
5.947%

City: Centerville