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$689,000

1601 County Road 489, Etoile, TX, 75944

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,124 Sq Ft
price_per_sqft$612.99 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesRange, Dishwasher, Refrigerator
FlooringWood

Exterior

Exterior FeaturesPrivate Entrance

About this property

Welcome to your Lake Sam Rayburn Waterfront Retreat! This is a rare income-producing waterfront oasis with endless expansion potential! Situated on nearly 5 acres with ~175 feet of direct waterfront featuring 2 near identical 562 sq.ft. 2 bedroom, 1 bath waterfront cabins. This retreat is RV Ready: Three existing RV hookups on-site. The essential infrastructure is done for you with a commercial septic system and city water connected. You will have the ultimate freedom to let your mind free with NO HOA & No Deed Restrictions. There's room for future development & investment opportunities. Build your dream home. Construct a private lakefront estate while the existing cabins cover expenses. The ample acreage allows for additional cabins, luxury glamping setups, or an expanded RV park. Whether you are searching for a high-yield investment, a private family compound, or a long-term development project, properties with this level of flexibility & waterfront access rarely hit the market.

Investor Tools

$0Estimated Mortgage Balance
$689,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,134 /month
Positive
Cash Flow Estimate:
$1,378 /month

Interested in this property?

LaKyisha Small

Small Real Estate Group, LLC

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Financing Details

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

City: Etoile

1601 County Road 489 | Property Details | No Agent List