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$88,000

NAL Estimated Property Value

224 West Ln, West Tawakoni, TX, 75474

$114,400 ARVInfo
Off MarketInfo
Baths1 Bath
Baths1,600 Sq Ft
price_per_sqft$56.25 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
AppliancesOther
FlooringConcrete

Exterior

Lot Size4,800 sqft

Building Information

Roof Type112
Garage Spaces2

Land Information

APN3265-0020-0170-58
Lot Number17
SubdivisionHales Lake Tawakoni Retreat Sec 1
Land UseResidential
Legal DescriptionS3265 HALES LAKE TAWAKONI RETREAT SEC 1 BLK 2 LOT 17 ACRES .1102
Census Tract961600
Assessed Land Value$21,360
Assessed Improvement Value$40,030
Assessment Year2025

About this property

Check this property out that is in a lake community that offers great fishing and recreational fun! This 40x40 shop is well constructed and has insulated area with Central HVAC servicing a portion of it. Slab foundation and double roll up doors makes this a property with endless possibilities at this price. It could be easily be used as a man cave or even do a finish out barndominium conversion. This would be perfect for a person that wants direct access to a shop or storage for the boat and jet skis., being walking distance to the lake. One could simply just make it a lake getaway. The community has it's own boat ramp, picnic area and fishing pier that is exclusive to the residence in the neighborhood. Many items inside are negotiable with the sale and can convey with the right offer. Great for a mancave get away!

Investor Tools

Property Icon
$88,000
Estimated Property Value
$0Estimated Mortgage Balance
$88,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$114,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$540 /month
Positive
Cash Flow Estimate:
$180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,180
$61,390
2025
$21,360
$40,030
$61,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,180
$61,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$88,000
100%
0%
$0/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.

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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: West Tawakoni

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224 West Ln | Property Details | No Agent List