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$689,000

1601 County Road 489, Etoile, TX, 75944

On MarketInfo
Just AddedInfo
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

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
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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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%

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.

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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: Etoile

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1601 County Road 489 | Property Details | No Agent List