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$228,900

246 Silver Lakes Drive, Sunset, TX, 76270

Under ContractInfo
Beds1 Beds
Baths1 Bath
Baths400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$572.25 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesRefrigerator

Exterior

Exterior FeaturesStorage, Other

Building Information

Garage Spaces2

Land Information

APNR000022497
Lot Number191
Land UseResidential
Legal DescriptionLOT 191 PHASE 3 SILVER LAKES RANCH
Census Tract950401
Assessed Land Value$40,080
Assessed Improvement Value$33,000
Assessment Year2025

About this property

FURNISHED LIVING QUARTERS inside 30x40 barn that allows the perfect location to live while you build your dream home or perfect country getaway from the hustle and bustle. Shop includes 220 volt electric. 5 acres of serene paradise entirely fenced is awaiting your arrival in the exclusive Silver Lakes Ranch with mature hardwoods abound and beautiful gated entry. Short drive to Highway 287 and amenities include access to private clubhouse, pool and private lake. Short drive to Top O The Lake Golf Course and minutes from Amon G Carter. Nestled within the picturesque landscape of a rolling hills subdivision, this pristine 5-acre parcel offers an unparalleled opportunity to build your dream oasis. Apartment includes all amenities and furnishings needed to call it home! With Amon Carter Lake just a stone's throw away, you'll have the privilege of enjoying leisurely days by the water's edge, indulging in fishing, boating, or simply basking in the tranquility of nature. The community clubhouse offers a welcoming space for gatherings as well as a meeting room. The neighborhood also features a fitness center, pool, pavilion and playground onsite, providing you with the opportunity to forge lasting connections with neighbors and friends. For those seeking adventure on the open road, RV and boat storage are also available directly in the community. Lastly, take advantage of the two additional private lakes within Silver Lakes, Lake Horizon and Scout Lake! The majority of contents convey with the sell of property, including lawn equipment.

Investor Tools

$10,984Estimated Mortgage Balance
$216,016Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,373 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$363
$73,080
2025
$40,080
$33,000
$73,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$363
$73,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Jacksboro National Bank
Unknown
$21,375
No
First
Jul 31, 2015
Aug 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,984
$216,016
95%
5%
$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: Sunset

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246 Silver Lakes Drive | Property Details | No Agent List