




$689,000
1601 County Road 489, Etoile, TX, 75944
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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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Etoile
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