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$2,999,500

2365 Panther Creek Pass, Mount Vernon, TX, 75457

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,987 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$752.32 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
FlooringCarpet, Tile, Wood, Vinyl, Stone

Exterior

Exterior FeaturesBasketball Court, Boat Slip, Dock, Fire Pit, Playground

Building Information

Year Built1995
Garage Spaces3

Land Information

APN02271-00000-00022-000000
Lot Number22,23
SubdivisionPanther Creek Pass
Land UseResidential
Legal DescriptionAB 217 HOPKINS & AB 56 BROOKS LT 22,23 PANTHER CREEK PASS 2 STRUCTURAL ELEVATION ; 388.351
Census Tract950101
Assessed Land Value$479,910
Assessed Improvement Value$740,800
Assessment Year2025

About this property

Extraordinary Lake Cypress Springs lakefront compound where luxury, comfort & lake living come together on an incomparable scale. Set on a double lot of 1.61 beautiful acres with over 200 ft of panoramic, wide-open waterfront, this remarkable property offers the rare combination of an impeccable main residence of 2987sqft & separate cottage-guest house measuring 1010sqft ~ creating an exceptional private retreat for family, friends & entertaining! Furnished with 6 bedrooms & 5 baths across the 2 residences, it easily sleeps 20+. Upscale yet comfortable furnishings throughout offer a sophisticated feel without sacrificing the easygoing spirit of a true lakehouse. The detached 3-car garage offers exceptional storage, while the expanded 2-stall boathouse puts boating, fishing & waterfront recreation literally at your doorstep. Kids will love the vast yard to play on + a swing playset & basketball sport court too! Impressive House Features: Beamed 20' cathedral ceiling great room with a woodburning FP & surround sound speakers; Hardwood floors; Expansive tiered deck + a cozy screened porch; Lake views from the large primary bed-bath with heated floors + 2 more bdrms down; spacious loft bdrm up; Luxe kitchen has a gas cooktop, stainless appliances, abundant storage; Big wet bar has a wine refrigerator + icemaker; Updated baths; Generator; Metal roof 2021; Modified septic, HVAC & water heater. Cozy Cottage built 2022: 2 large split bdrms, 2 full baths with generous closets, LVP floors & Coffee bar between. Sweeping wide-water views capture morning sun, afternoon shade. Gather around the backyard firepit on chilly days-nights. Full sod & irrigated lawn extends toward the shoreline. Sellers also added a handy private outdoor shower. Ski Boat, 2 Jet Skis, Trailers available for separate purchase. Breathtaking views, Immaculate, A Slice of Heaven!

Investor Tools

$0Estimated Mortgage Balance
$1,557,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,997 /month
Positive
Cash Flow Estimate:
$5,999 /month

Interested in this property?

Katherine Niesman

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,955/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,670
$1,220,710
2025
$479,910
$740,800
$1,220,710
No

Tax History

Year
Tax Paid
Assessed Value
2025
$15,670
$1,220,710

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,551,000
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.

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: Mount Vernon

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2365 Panther Creek Pass | Property Details | No Agent List