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$460,000

1501 Boon Dock Rd, Avinger, TX, 75630

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,820 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.12 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Microwave, Electric Water Heater
FlooringLaminate

Building Information

Year Built1979
Garage Spaces2

Land Information

APN16781
Lot Number5-7
Land UseResidential
Legal DescriptionF A SIMS LOTS 5-7
Census Tract950200
Assessed Land Value$30,000
Assessed Improvement Value$401,380
Assessment Year2025

About this property

Built in 2016 on the north shore of Lake O' the Pines, this beautifully maintained property offers peaceful waterfront living with exceptional versatility. The property includes a 1,710 square foot main residence and a spacious 1,100 square foot guest house apartment all under one roof and set on approximately two fully fenced acres overlooking a large scenic, fully stocked pond. Since purchasing, the current owners have thoughtfully upgraded the home with fresh interior and exterior paint, stylish new fixtures, and beautiful natural wood shelving, giving the property a bright, updated feel while preserving its warm and welcoming character. The main home area features an open floor plan with abundant natural light through sizable windows that showcase exceptional pond views. The kitchen features stunning custom live edge wood shelves, crafted from solid slabs that showcase the natural curves, knots, and rich grain of the tree, adding warmth and authentic farmhouse character to the space. A covered back porch extends the full length of the home, creating the perfect space to enjoy the park like setting. The inviting den flows seamlessly into the kitchen and dining area. The main home area includes two bedrooms, two full bathrooms, a large pantry with laundry hookups, and generous storage throughout. The enclosed and converted two car garage connects the main home to the guest apartment. This excellent flexibility and could easily be transformed into a spacious great room, game room, or office to suit your needs. The apartment includes a bedroom, full bathroom with an ADA compliant shower, a half bath, laundry room and an open kitchen, dining and den area. This private guest apartment is ideal for an older teen seeking independence or a mother in law who would appreciate comfortable, accessible living with close proximity to the main home while still maintaining privacy. The separate 12 X 18 building has been converted to a guest cottage and is currently operating as a successful small Airbnb. It has become a favorite rental among fishing guides, offering immediate income potential or comfortable accommodations for extended family and guests. The wood burning stove that was previously in the den has been removed, however the sellers will leave it stored in the shop if the buyer would like to reinstall it. Situated at the corner of Boon Dock Road and Sims Circle, the home is just a short walk from Lake O' the Pines by way of the additional lot. In addition to the main homesite, the sale includes a rare additional .44 acre waterfront lot located across Sims Circle on the lakeside of Lake O' the Pines. This lot features direct water frontage and a beautifully designed solar lit pathway leading to the waterfront. The lot does include a flowage easement but offers excellent potential for use as a garden, picnic area, or site for a non habitable structure. Additional amenities to the home include a metal roof, a newer water heater, fresh interior and exterior paint, updated fixtures, an ADA compliant shower, a Generac whole home generator and full propane tank, an upscale alarm system with cameras, a floored attic for added storage, and two versatile storage buildings. The shop measures approximately 20 X 24, has electricity, a concrete floor, as well as a lean-to. This property offers privacy, functionality, waterfront access, and income potential in a serene East Texas setting. Escape the city and make this peaceful oasis your own.

Investor Tools

$326,047Estimated Mortgage Balance
$110,489Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

Interested in this property?

Heidi Hitt

Miller Homes Group Longview

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,592
$431,380
2025
$30,000
$401,380
$431,380
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,592
$431,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mann Mortgage Llc
Va
$339,857
Yes
First
Mar 11, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,047
$143,953
30%
75%
$2,038/mo

City: Avinger

1501 Boon Dock Rd | Property Details | No Agent List