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$341,000

NAL Estimated Property Value

165 Sage Bay Road, No City, TX, 79510

$397,406 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.29 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBoat Slip, Dock, Storage
Lot Size10,934 sqft

Building Information

Year Built1980
Garage Spaces1

Land Information

APN19036
Lot Number45
Land UseResidential
Legal DescriptionRANCH OAKS ADDN LAKE COLEMAN, BLOCK 1, LOT 45
Census Tract950600
Assessed Land Value$2,510
Assessed Improvement Value$137,970
Assessment Year2025

About this property

This Lakeside escape is a hidden gem! Whether you're seeking a peaceful getaway or an adventurous lakeside experience, this 4 bedroom lake house is the perfect place for a picturesque retreat. Fully furnished all the way down to utensils, this turn key property is also an established successful air b&b. Nestled on the serene shores of Coleman Lake this property boasts a large dock located in good water with breathtaking views of the surrounding natural beauty. Perfect for water enthusiasts, you can spend your days swimming, boating, fishing, bird watching or simply basking in the tranquility of the lake. Inside, the house is tastefully furnished. The 4 well-appointed bedrooms ensure a good night's sleep after a day of exploration. Gather around the cozy fireplace or enjoy a game of ping pong. The fully-equipped kitchen with granite countertops allows you to prepare delicious meals. Come & create unforgettable memories in this hidden gem, where stunning views and water adventures await.

Investor Tools

Property Icon
$341,000
Estimated Property Value
$222,319Estimated Mortgage Balance
$118,681Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$397,405
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,407
$140,480
2025
$2,510
$137,970
$140,480
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,407
$140,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$232,500
No
First
Dec 22, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,319
$118,681
34%
65%
$1,394/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,649/mo
$1,394/mo
+$255/mo
5.8%

Learn About the Market: Opportunity in Texas

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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.

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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: No City

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165 Sage Bay Road | Property Details | No Agent List