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$570,000

232 Eastwood Dr, Milam, TX, 75959

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$300.63 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size37,810 sqft

Building Information

Year Built1995
Garage Spaces2

Land Information

APNR000162221
Land UseResidential
Legal DescriptionACRES: 0.868 LOT: 18-B SUBD: WATERWOOD ESTATES HOUSE & IMPROVEMENTS
Census Tract950100
Assessed Land Value$87,890
Assessed Improvement Value$380,370
Assessment Year2025

About this property

Nestled on a picturesque point of Toledo Bend Lake, this stunning 4-3.5-2 lake home offers the perfect blend of comfort, privacy, and prime waterfront living. Perfectly situated on .86 acres, this property provides unparalleled views with open water on one side and a serene deep cove on the other, making it the ideal setting for fishing enthusiasts, water sports lovers, or those seeking tranquility. The property features a two stall boat house complete with boat ramp, a lift and dock, offering easy access to the lake for your boat or watercraft. A durable metal roof ensures peace of mind through the seasons, while the whole-house generator guarantees uninterrupted power, no matter the weather. For those who enjoy tinkering or need extra space for storage, the property includes a large workshop, offering ample room for tools, hobbies, or additional storage. The expansive concrete and rock lake wall enhances the property's value and provides additional protection to the shoreline.

Investor Tools

Property Icon
$570,000
Estimated Property Value
$0Estimated Mortgage Balance
$570,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,247
$468,260
2025
$87,890
$380,370
$468,260
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,247
$468,260

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$570,000
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: Milam

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