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A+
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$545,110

2527 Fm 3371, Groesbeck, TX, 76642

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,151 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.43 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size6.85 acres

Building Information

Year Built2005
Garage Spaces2

Land Information

APNR8292
Land UseAgriculture / Farming
Legal DescriptionA004EL J L CHAVERT-EAST LAKE LIMESTONE, ACRES 6.85
Census Tract970700
Assessed Land Value$375,800
Assessed Improvement Value$469,130
Assessment Year2024

About this property

One of Lake Limestone’s finest properties! This CUSTOM built home features 4 bedrooms, 2.5 baths, fireplace, a 2 car garage, and so much more. It is located on 6.18 acres of PRIME waterfront with the best access the lake offers with breathtaking views. Other amenities include granite countertops, wood flooring, shop with office, Rv & boat storage, bulkhead, sprinkler system, ADT Security system, and a fishing/entertaining area on the lake. This is a ONE OF A KIND property!

Investor Tools

Property Icon
$545,110
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,470 /month
Positive
Cash Flow Estimate:
$1,490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$962/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,824
$545,110
2024
$375,800
$469,130
$844,930
No

Tax History

Year
Tax Paid
Assessed Value
2022
$8,824
$545,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Midwest Savings Bank Na
Sba Participation Trust Deed
$1,125,000
No
First
Jun 27, 2024
Dec 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,871,653
N/A
0%
527%
$11,146/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: Groesbeck

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2527 Fm 3371 | Property Details | No Agent List