Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days171Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$739,000

162 Lake Drive, Enchanted Oaks, TX, 75156

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,921 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$384.7 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesBoat Slip, Dock

Building Information

Year Built1969
Garage Spaces2

Land Information

APN2710-0002-2290-32
Lot Number229
SubdivisionEnchanted Oaks (588)
Land UseResidential
Legal DescriptionLT 229 AB 487 J MENDOZA SUR, ENCHANTED OAKS, BLK B LT 229
Census Tract950904
Assessed Land Value$210,000
Assessed Improvement Value$454,760
Assessment Year2025

About this property

Enjoy this tranquil setting and stunning lake home for all that it offers or use it as your guest home and build a larger home on the second lot! Beautifully recreated A frame design sitting on one of the few double lots in Enchanted Oaks looking out on open water. Room to build a larger home on second buildable lot and meanwhile enjoy this stunning home; gutted and updated in 2020 with all new cabinets, fantasy brown leather finish granite countertops, stainless appliances, recessed lighting, tile floors, marble fireplace and master shower, tongue and groove wood ceilings and windows. Dock rebuilt in 2024. Wrought iron fencing, 2023.

Investor Tools

$0Estimated Mortgage Balance
$732,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,434 /month
Positive
Cash Flow Estimate:
$1,478 /month

Interested in this property?

Tammy Hosch

TX Lake & Land Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,551
$664,760
2025
$210,000
$454,760
$664,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,551
$664,760

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$732,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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: Enchanted Oaks

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

162 Lake Drive | Property Details | No Agent List