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$750,000

NAL Estimated Property Value

310 Lakewood Lane, Honey Grove, TX, 75446

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3.01 acres

Land Information

APN138468
Lot Number21
Land UseVacant Urban
Legal DescriptionSHORES AT THE PENINSULA, LOT 21, ACRES 3.01
Census Tract950100
Assessed Land Value$750,000
Assessment Year2025

About this property

Discover this spectacular Lakefront Living at its finest. The Shores at the Peninsula on Bois D’Arc Lake. This is your chance to own lake front property AND have your own private dock on the newest lake in Texas. This large 3.01 acre lot with 218 feet of total shoreline faces southwest, giving an opportunity for amazing sunsets. The Shores at the Peninsula is a private, gated neighborhood that has a multi-million dollar clubhouse, fitness center, community pool, and 9 hole putt putt course. The recreation on this lake includes everything from fishing to wake surfing! Underground utilities, water and fiber (internet) are available at the lot. Proposed amenities include: a community park, walking trails, tennis & pickleball courts, & a multi-sport field. Choose your own builder and get started on your own timeline. AND - short term rentals are allowed, making this an investment opportunity while you enjoy lake life. It doesn't get any better than this! Conveniently located just 60 miles northeast of Frisco & Prosper, this lot strikes the perfect balance between accessibility & seclusion. Don’t miss out on this opportunity to own a piece of a lakeside paradise. ** IN PROCESS…. We are getting the shoreline management agreement approved and paid for. This will come with the lot at no extra cost. The Approved Design will include an on-shore outdoor kitchen, gazebo, path & dock with 2 boat slips. (You can make changes upon purchasing).

Investor Tools

Property Icon
$750,000
Estimated Property Value
$0Estimated Mortgage Balance
$750,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,668 /month
Positive
Cash Flow Estimate:
$1,556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,265/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,428
$750,000
2025
$750,000
N/A
$750,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,428
$750,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$750,000
100%
0%
$0/mo

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: Honey Grove

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310 Lakewood Lane | Property Details | No Agent List