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A+
NoAgentList RatingHow are grades calculated?Info
Days288Days on Market
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$495,000

$500,000

280 Lcr 737, Thornton, TX, 76687

$643,500 ARVInfo
On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths2,417 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.8 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Electric Range, Microwave

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip, Dock

Building Information

Year Built1986

Land Information

APNR3150
Lot Number7-10
Land UseResidential
Legal DescriptionWEDGMAN HILLS LAKE LIMESTONE, LOT 007 - 010, SERIAL # 2PTX2362BTX, TITLE # 01091393, LABEL # NTA0952626, (PT OF 007)
Census Tract970800
Assessed Land Value$210,720
Assessed Improvement Value$229,720
Assessment Year2024

About this property

Life is better at the lake--and this property proves it! Welcome to your private retreat on Lake Limestone! This rare waterfront property offers 2.192 acres with 310 feet of shoreline, fully fenced with a gated entry and a paved driveway. The outdoor amenities set this property apart. A 45x40 boathouse with three slips and a private boat ramp provide direct access to the lake, an increasingly rare feature, as private ramps are no longer permitted to be built on Lake Limestone. The property also includes a fishing pier complete with a slide into the water and a sink for cleaning your catch, as well as a stainless steel fish feeder and a dedicated cleaning station. A set up every angler dreams of! The lakeside cabin makes lake life easy with its own kitchen and cozy bunk beds, giving guests or family their own private space to stay and play. Just outside, the massive 65x40 awning transforms into the heart of the property- a shaded retreat made for cookouts and evenings spent watching the sun set across the water. The above-ground pool offers another way to cool off on warm Texas afternoons. The 1,900 square foot home features two bedrooms, two bathrooms, a spacious sunroom overlooking the lake, and a cozy wood-burning fireplace that makes it the ideal spot for year round living or a weekend getaway. Additional features include a 60x30 metal shop with electricity, multiple storage buildings, two wells supplying water to the property, two covered carport spaces, and an outhouse! Whether you’re looking for a permanent residence, a weekend escape, this property is built for enjoying lake life to the fullest. With features that can no longer be replicated, like the private ramp and expansive boathouse. This is a rare opportunity to own a one-of-a-kind waterfront property on Lake Limestone.

Investor Tools

$0Estimated Mortgage Balance
$544,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$643,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

Interested in this property?

Kodi Elwood

Greater Waco Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,154
$440,440
2024
$210,720
$229,720
$440,440
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,154
$440,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$544,000
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.

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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: Thornton

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280 Lcr 737 | Property Details | No Agent List