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$437,000

276 Lake Shore Drive, Gordon, TX, 76453

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths820 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$304.88 / sqft

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringVinyl

Exterior

Lot Size26,005 sqft

Land Information

APN127840000
Lot Number2
SubdivisionGold Pp Lake
Land UseResidential
Legal DescriptionGOLD PP LAKE BLK 2 LT 2 G#G0450-00-00020-002-00-0
Census Tract000300
Assessed Land Value$182,000
Assessed Improvement Value$84,820
Assessment Year2025

About this property

Cozy cottage on the cove at Palo Pinto Lake - perfect for a weekend getaway. Love to fish.... this is a great lake to catch crappie ! Love to relax and watch the sunset - not better place to kick back and enjoy the outdoors. Whether you are enjoying dinner outside under the larger covered deck or floating in the water on a hot summer day - you will love the escape. All appliances and furniture will convey with full price offer. **it is very hard to get a boat in from one of the public ramps at this time - buyer to verify** Seller reports the water depth when the lake is full is 17 feet at the dock.

Investor Tools

Property Icon
$437,000
Estimated Property Value
$0Estimated Mortgage Balance
$437,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,622 /month
Positive
Cash Flow Estimate:
$874 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,548
$266,820
2025
$182,000
$84,820
$266,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,548
$266,820

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$437,000
100%
0%
$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.

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: Gordon

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