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$284,000

NAL Estimated Property Value

166 County Road 1941, Gary City, TX, 75643

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,697 Sq Ft
price_per_sqft$103.82 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1984

Land Information

APN8006
Lot Number11
Land UseResidential
Legal DescriptionTALL PINES #1 LT 11 LAKE MURVAUL
Census Tract950500
Assessed Land Value$30,600
Assessed Improvement Value$238,880
Assessment Year2025

About this property

Stunning lake house built in 1984, located in a serene and picturesque setting. This beautiful property offers a perfect blend of modern amenities and rustic charm. On the 1st floor is a spacious and inviting game room, complete with a pool table and a cozy seating area. This is the ideal space for entertaining guests or enjoying quality time with family and friends. One of the highlights of this lake house is the luxurious indoor hot tub, where you can unwind and relax after a long day. Imagine soaking in the warm, bubbling water while enjoying breathtaking views of the surrounding nature. The house itself features a modern design, with large windows that allow natural light to flood in, creating a bright and airy atmosphere. The open-concept layout seamlessly connects the living area, dining space, and kitchen, making it perfect for both everyday living and hosting gatherings. The bedrooms are spacious and comfortable, offering a peaceful retreat at the end of the day. Outside, you'll find two spacious decks overlooking the lake, where you can enjoy your morning coffee or host barbecues with friends. The expansive yard provides ample space for outdoor activities and offers direct access to the lake. This lake house offers the perfect combination of relaxation, entertainment, and natural beauty. Don't miss the opportunity to own this remarkable property and create unforgettable memories in your very own lakeside retreat. The seller is willing to sell all existing furniture with the house

Investor Tools

Property Icon
$284,000
Estimated Property Value
$244,294Estimated Mortgage Balance
$39,706Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,704 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,183
$269,480
2025
$30,600
$238,880
$269,480
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,183
$269,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$248,295
No
First
Jun 6, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,294
$39,706
13%
86%
$1,489/mo

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: Gary City

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166 County Road 1941 | Property Details | No Agent List