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$699,000

NAL Estimated Property Value

2968 Hwy 14 Highway, Groesbeck, TX, 76642

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,741 Sq Ft
price_per_sqft$255.02 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
FlooringConcrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit

Building Information

Garage Spaces2

About this property

Welcome to this stunning riverfront property nestled on 17.75 acres of land just minutes away from the renowned Fort Parker State Park! This picturesque home offers a harmonious blend of natural beauty and a warm lodge-type ambiance, providing the perfect setting for gatherings and relaxation. Built in 2004, this charming residence boasts a thoughtfully designed open concept floor plan that effortlessly flows from one space to another. The centerpiece of the living area is a magnificent wood-burning fireplace, creating a cozy atmosphere during cooler evenings. With vaulted ceilings and stained concrete flooring throughout, the home exudes a rustic charm while maintaining a modern aesthetic. Featuring three bedrooms and two full bathrooms, this home offers ample space for comfortable living. The large loft area adds versatility to the floor plan, serving as an additional living space, office, or entertainment area. The property also includes a double attached carport, ensuring convenience and shelter for your vehicles. The outdoor amenities are equally impressive, with expansive covered porches where you can unwind and soak in the serene views of the river and surrounding landscape. The property is adorned with magnificent mature trees, creating a tranquil retreat right in your backyard. Anglers will delight in the exceptional fishing opportunities provided by the over 1,200 feet of river frontage, while nature enthusiasts will appreciate the abundance of wildlife and scenic beauty. With over 1,000 feet of highway frontage, this property offers excellent accessibility and future development potential. Currently operating as an active Airbnb, "The Lodge in Groesbeck," it presents a fantastic investment opportunity. The furnishings can also be purchased, ensuring a seamless transition for the new owner. As an added bonus, this remarkable property features a pool, hot tub, fire pit, and a playground area, providing endless possibilities for outdoor recreation and entert

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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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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2968 Hwy 14 Highway | Property Details | No Agent List