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$875,000

$889,000

307 South Park Rd, Scroggins, TX, 75480

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,518 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$576.42 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Microwave, Refrigerator, Electric Water Heater

Building Information

Year Built1982

Land Information

APN02380-00000-00014-000000
Lot Number14
SubdivisionSouth Park- Lake
Land UseResidential
Legal DescriptionAB 277 W Y LACY LT 14 SOUTH PARK LEASEHOLD STRUCTURAL ELEVATION ; 395.205
Census Tract950300
Assessed Land Value$390,000
Assessed Improvement Value$416,460
Assessment Year2025

About this property

Look at that view! Hands down, one of the most spectacular views on Lake Cypress Springs, this 3-bedroom, 2-bath waterfront home offers the kind of setting buyers dream about, million dollar views for under one million dollars. Upon entry, you’re welcomed by a spacious living area with a full wall of windows showcasing breathtaking main lake views. The open concept floor plan flows seamlessly into the kitchen, which features granite countertops, stainless steel appliances, and great space for entertaining. The primary suite overlooks the lake and includes an en-suite bath, while the secondary bedrooms are generously sized and ideal for hosting family and friends. Outdoor living is just as impressive, with multiple patio spaces, beautiful landscaping, a screened in porch, and a wonderful yard to enjoy the water views. A two-stall boathouse with storage adds to the appeal. Located in an area with no HOA and county maintained roads, this property also comes furnished, making it truly move-in ready. This is a rare opportunity to own an incredible Lake Cypress Springs waterfront home at an exceptional value. Make your appointment today!

Investor Tools

Property Icon
$880,000
Estimated Property Value
$0Estimated Mortgage Balance
$695,503Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,280 /month
Positive
Cash Flow Estimate:
$1,760 /month

Interested in this property?

Nicole Anderson

Anderson Elite Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,838
$766,370
2025
$390,000
$416,460
$806,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,838
$766,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Suntrust Mortgage Inc
Conventional
$263,200
No
First
Mar 18, 2013
Apr 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,497
$695,503
79%
21%
$1,579/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: Scroggins

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307 South Park Rd | Property Details | No Agent List