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
B+
NoAgentList RatingHow are grades calculated? Info
Days84Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$335,000

20 Waco ST, Elkhart, TX, 75839

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,584 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.49 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Microwave, Free-Standing Refrigerator
FlooringLaminate, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Boat Slip, Private Yard

Building Information

Year Built1990
Garage Spaces2

Land Information

APN827768
Lot Number20
SubdivisionLake Ioni
Land UseResidential
Legal DescriptionLAKE IONI LOT 20 (IMPROVEMENT ONLY)
Census Tract951001
Assessed Improvement Value$77,648
Assessment Year2025

About this property

Charming lakefront cottage at gated Lake Ioni Hunting & Fishing Club, nestled in the hills and trees of East Texas! Located near historic Palestine, this inviting 2-bedroom, 1 bath, 1584 sq. ft. home offers the perfect blend of relaxation, recreation, and natural beauty. The open floor plan provides comfortable space for gathering with family and friends, while the spacious sunroom spanning the back of the home serves as an additional family room and dining area with peaceful, tree-shaded views of the spring-fed lake. Step outside to the 12’ x 44’ covered lakeside porch and unwind while surrounded by wildlife, towering trees, and the quiet stillness this private fishing community is known for. One bedroom connects to an office, oversized closet, or bonus room, offering flexibility for guests, hobbies, or remote work. A one-stall boathouse makes it easy to enjoy fishing right from your property, and a two-car carport adds convenience. The home features central heat and air, propane onsite for the water heater, plus hookups for a gas stove and gas heaters. Community amenities at Lake Ioni include excellent fishing and bow hunting, a swim area with picnic pavilion, boat launch, and gun range with training provided. Most furnishings, appliances, and décor convey with the sale, along with a fishing boat with motor, golf cart, and Blackstone grill —making this truly move-in ready. Whether you are searching for a peaceful weekend getaway or a full-time lakefront retreat, this East Texas gem is ready to enjoy from day one!

Investor Tools

Property Icon
$332,000
Estimated Property Value
$0Estimated Mortgage Balance
$332,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

Interested in this property?

Dana Staples

Staples Sotheby's International Realty LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$203
$77,648
2025
N/A
$77,648
$77,648
No

Tax History

Year
Tax Paid
Assessed Value
2025
$203
$77,648

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$332,000
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: Elkhart

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

20 Waco ST | Property Details | No Agent List