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$429,900

2482 Fm 2946, Emory, TX, 75440

$486,113 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,590 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.98 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Disposal, Electric Range

Exterior

Lot Size1.78 acres

Building Information

Year Built1986
Garage Spaces1

Land Information

APN4268
Land UseResidential
Legal DescriptionA0204 GEORGE SCULL SUR WF WATERFRONT, 1.781 ACRES
Census Tract950101
Assessed Land Value$26,715
Assessed Improvement Value$173,092
Assessment Year2025

About this property

Waterfront on Lake Fork! Premium lot on world famous Bass Lake Fork Reservoir. Lake front with private boat ramp on Penson Cove. Sabine River Authority lease in addition to ~1.781 acres. Gorgeous piece of copy try and rare opportunity to build on a lake front with a private ramp. Home that is on the property needs a lot of work and sold as is. Possibly could renovate it and use as a short term rental. Plenty of options with this property. Buyer and buyer agents to verify details contained in listing. MLS deemed reliable, but not guaranteed

Investor Tools

Property Icon
$426,000
Estimated Property Value
$160,000Estimated Mortgage Balance
$270,025Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$486,112
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,579 /month
Positive
Cash Flow Estimate:
$860 /month

Interested in this property?

Quinn Sessums

Modern Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$685
$199,807
2025
$26,715
$173,092
$199,807
No

Tax History

Year
Tax Paid
Assessed Value
2025
$685
$199,807

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial Bank Of Texas Na
Unknown
$160,000
No
First
Jan 7, 2025
Jan 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,218
$289,782
64%
37%
$960/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: Emory

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