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$427,000

NAL Estimated Property Value

2500 FM 17, Alba, TX, 75410

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,771 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$310.5 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBoat Slip, Dog Run, Rain Gutters, Lighting, Storage, Other
Lot Size21,780 sqft

Building Information

Year Built2001

Land Information

APN76391
Land UseResidential
Legal DescriptionABS 0108; CRAWFORD J C; TRACT 10 PT; .5 ACRES
Census Tract950402
Assessed Land Value$114,350
Assessed Improvement Value$414,040
Assessment Year2025

About this property

ALL OFFERS CONSIDERED…MOTIVATED SELLERS!! Discover the ultimate Lake Fork lifestyle with this charming log-façade lakefront retreat, perfectly positioned on open water with breathtaking views and direct access to world-famous fishing. Located on a .5-acre deeded lot with an additional 1.12 -acre SRA leaseback, this property is a rare gem combining natural beauty, comfort, and convenience. The well-maintained 3 -bedroom, 2-bath home features a spacious living area that flows effortlessly into a generous kitchen and oversized breakfast nook—each offering expansive lake views. The kitchen boasts granite countertops, ample cabinetry, and a cozy breakfast bar. Aspen wood paneling adds warmth and character throughout. Designed with accessibility in mind, this home features an ADA-compliant front ramp, wheelchair-friendly layout, and a motorized lift off the back porch. The main bathroom includes a Safe Step Walk-In Tub, installed in 2024. Additional upgrades include a furnace and heat pump replaced just three years ago. Outdoor living takes center stage with three patios, a glassed-in sunroom with its own large deck, and a screened gazebo perfect for year-round enjoyment. A misting system ensures comfort around the home, carport, and gazebo. The backyard is fully fenced and includes a concrete entertainment space. Two metal carports and a circular front drive provide ample room for boat, trailer, and RV parking, with an asphalt driveway extending to the lake. The 150'+ boathouse includes a single slip with boat lift, covered sitting area, cleaning station, ceiling fans, storage, and utilities…all under a durable metal roof. The 40' open pier leads to water approximately 10 feet deep at the end and 9 feet at the slip—ideal for anglers. Centrally located with easy highway access to all Lake Fork hotspots, this property blends comfort, accessibility, and outdoor recreation into one exceptional lakefront retreat.

Investor Tools

Property Icon
$427,000
Estimated Property Value
$253,705Estimated Mortgage Balance
$173,295Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,299 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,486
$372,946
2025
$114,350
$414,040
$528,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,486
$372,946

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Member First Mortgage Llc
Fha
$199,975
Yes
First
Apr 6, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,705
$173,295
40%
59%
$1,679/mo

City: Alba

2500 FM 17 | Property Details | No Agent List