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$395,000

1798 S Lakeview Dr, Gordon, TX, 76453

$492,252 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,672 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.24 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Electric Range

Exterior

Lot Size22,521 sqft

Building Information

Year Built1994
Garage Spaces2

Land Information

APN205170000
Lot Number22
SubdivisionSandstone Shores Pp Lake
Land UseResidential
Legal DescriptionSANDSTONE SHORES PP LAKE LOT 22 G#S0055-00-00000-022-00-0
Census Tract000300
Assessed Land Value$102,470
Assessed Improvement Value$162,520
Assessment Year2025

About this property

If fishing is your love language, listen up. This charming lakefront cottage was MADE for the angler in you. We’re talking calm water, a private boat ramp, boat garage, AND a covered dock — basically your dream fishing setup waiting to happen. Oh, and the views? You’ll have the BEST seat in the house for Fourth of July fireworks right from the water. Great road frontage + plenty of parking means there’s room for ALL the fishing buddies. Bring the whole crew. It needs a little or maybe a lot of love on the exterior, but the bones are solid and the location? Unmatched. **buyer and agents please be careful when walking on the deck areas - some boards are worn and soft.

Investor Tools

Property Icon
$395,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$297,061Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$492,252
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,143
$264,990
2025
$102,470
$162,520
$264,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,143
$264,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$100,000
No
First
Apr 7, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,939
$297,061
75%
25%
$600/mo

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.

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: Gordon

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1798 S Lakeview Dr | Property Details | No Agent List