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$550,000

279 Pr 5749, Groesbeck, TX, 76642

On MarketInfo
Baths0 Bath

About this property

Welcome to Lake Limestone, where 6.06 Acres of Texas beauty meet exceptional waterfront living. This rare property combines the last hilltop water view tract in the sought-after Paradise Cove subdivision along with a .46 Acre waterfront lot with bulkheading and a boat house already in place. Off-water acreage features sweeping, elevated views of the wide-open waters of Lake Limestone. The land is cleared and ready for your dream build with an existing 60'x100' building pad in place, driveway, community water, electricity, a fully stocked private pond. No HOA or restrictions on the hillside land, the property provides freedom, and space along with breathtaking sunrises, stunning sunset reflections, abundant wildlife, and the peaceful atmosphere that makes Paradise Cove so special. Conveniently located 1.5 hours from Dallas, 45 minutes to Waco, and about an hour to College Station, this is a must-see opportunity!

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Kara McLelland

Realty Plus - Groesbeck

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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: Groesbeck

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279 Pr 5749 | Property Details | No Agent List