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$599,000

1601 County Road 489, Etoile, TX, 75944

$689,000 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,124 Sq Ft
price_per_sqft$532.92 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

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

Exterior

Exterior FeaturesPrivate Entrance

About this property

Own, Earn & Expand on Lake Sam Rayburn! Rare opportunity to own an income producing waterfront property on nearly 5 acres with 175 feet of direct lakefront. Features 2 nearly identical waterfront cabins, each with 2 bedrooms, 1 bath and sleeping accommodations for up to 6 guests, ideal for short-term rentals, family getaways or future expansion. Infrastructure is already in place with 3 RV hookups, commercial septic and city water. NO HOA & NO DEED RESTRICTIONS! Build your dream lake home while the cabins generate income, create a private family compound, add cabins or glamping accommodations, expand RV sites or explore additional recreational income opportunities. With waterfront access, existing rentals, acreage and flexibility, this is a rare Lake Sam Rayburn investment opportunity! Come see the potential & imagine what you can create on Lake Sam Rayburn!

Investor Tools

$0Estimated Mortgage Balance
$599,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$689,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

LaKyisha Small

Small Real Estate Group, LLC

ContactContact

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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