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$359,900

1440 Florey Lake, Kilgore, TX, 75662

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$238.66 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesMicrowave, Refrigerator, Electric Water Heater

Exterior

Lot Size5.16 acres

Building Information

Garage Spaces2

Land Information

APN45700
SubdivisionJ Lindley
Land UseVacant
Legal DescriptionAB 508 J LINDLEY SURVEY RESIDUE THE 42 AC TRACT
Census Tract950300
Assessed Land Value$56,980
Assessment Year2024

About this property

Discover the perfect blend of modern living and country charm with this stunning 2024-built barndominium, nestled on 5.18 serene acres. This unique property features custom cabinetry, granite countertops, and a spacious open floor plan designed for both comfort and style. Enjoy peaceful mornings by your private pond, or take advantage of nearby Florey Lake—just steps away—where you can join the HOA for exclusive access to fishing, boating, and lakefront recreation. Whether you're looking for a weekend retreat or a forever home, this property offers the ideal combination of privacy, convenience, and natural beauty.

Investor Tools

$349,808Estimated Mortgage Balance
$3,192Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$856
$56,980
2024
$56,980
N/A
$56,980
No

Tax History

Year
Tax Paid
Assessed Value
2022
$856
$56,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barrett Financial Group Llc
Va
$355,000
Yes
First
Jul 25, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,808
$3,192
0%
99%
$2,129/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: Kilgore

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1440 Florey Lake | Property Details | No Agent List