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$1,500,000

275 S Park Rd, Scroggins, TX, 75480

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,630 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$570.34 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range
FlooringConcrete, Hardwood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005

Land Information

APN02380-00000-00008-000000
Lot Number8
SubdivisionSouth Park- Lake
Land UseResidential
Legal DescriptionAB 277 W Y LACY LT 8 SOUTH PARK STRUCTURAL ELEVATION ; 401.897
Census Tract950300
Assessed Land Value$244,000
Assessed Improvement Value$720,270
Assessment Year2025

About this property

Enjoy spectacular Lake Cypress Springs views from this beautifully maintained waterfront retreat on a deep-water cove with expansive main lake views. This 3-bedroom, 2.5-bath home offers approximately 2,600 sq ft of comfortable living space with large windows that bring the lake views indoors. The inviting living area features a cozy fireplace, while the open layout is ideal for relaxing or entertaining. The bunk house is approximately 640 sq ft with a full bath and storage closet (room for 6-7 twin beds and bunks). Step outside to the covered deck overlooking the water and a lush, park-like setting perfect for enjoying East Texas sunsets. The boathouse dock (55 ft x 33 ft) is new with 2 boat lifts and one double lift for 2 personal water crafts for easy access to all your favorite lake activities. Whether you’re looking for a full-time residence or a weekend getaway, this exceptional property offers the ultimate Lake Cypress Springs lifestyle with privacy, beautiful water views, and outstanding outdoor living. Don’t miss this rare opportunity to own a waterfront escape in the heart of Scroggins!

Investor Tools

Property Icon
$964,270
Estimated Property Value
$170,000Estimated Mortgage Balance
$840,237Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

Interested in this property?

Gina LeGare

Keller Williams Realty Allen

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,378
$964,270
2025
$244,000
$720,270
$964,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,378
$964,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank
Stand Alone Second / Subordinate Position
$170,000
No
First
May 16, 2014
May 2015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,033
$840,237
87%
13%
$1,020/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: Scroggins

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275 S Park Rd | Property Details | No Agent List