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$327,000

1530 Lion Lake Dr N, PROGRESO, TX, 78596

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,570 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$83.75 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size30,174 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APNL4800-00-000-0019-03
Lot Number19,20
SubdivisionLion Lake - Spr
Land UseResidential
Legal DescriptionLION LAKE 0.418 AN IRR TR-S1.03AC-E5.01AC-LOT 20 & AN IRR TR .26AC ACCRETION AREA ADJ TO LOTS 19 & 20 .69AC NET
Census Tract022802
Assessed Land Value$76,215
Assessed Improvement Value$259,427
Assessment Year2025

About this property

Get ready to relax and enjoy sitting by the pool of your lakefront home! Open floor plan provides plenty room for everyone in this eye catching 4-BR getaway. Expansive family room with cathedral ceilings & open kitchen bar area steps from an extended, window-lined dining room giving you a panoramic view of the swimming pool and beautiful Lion Lake. Downstairs, enjoy the master suite which a joins and additional living area with fireplace, second master with full bath, an oversized library with built-ins, and a home office. Upstairs: Loft, 3rd & 4th BR's and a large walk-in finished attic storage room.

Investor Tools

Property Icon
$327,000
Estimated Property Value
$273,584Estimated Mortgage Balance
$4,378Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,962 /month
Positive
Cash Flow Estimate:
$654 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$305,239
2025
$76,215
$259,427
$335,642
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$305,239

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Va
$273,584
Yes
First
Apr 5, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,622
$4,378
1%
99%
$2,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,260/mo
$2,128/mo
$-868/mo
4.6%

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: PROGRESO

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1530 Lion Lake Dr N | Property Details | No Agent List