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$735,622

NAL Estimated Property Value

3238 Lake Park Road, Belton, TX, 76513

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,790 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$329.82 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Refrigerator, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesBalcony
Lot Size12,197 sqft

Building Information

Year Built1977
Stories2
Roof Type105
Garage Spaces3

Land Information

APN12828
Lot Number4
SubdivisionBelton Lake Estates
Land UseResidential
Legal DescriptionBELTON LAKE ESTATES, BLOCK 001, LOT 0004
Census Tract021701
Assessed Land Value$75,132
Assessed Improvement Value$660,490
Assessment Year2025

About this property

Your Gateway to Lake Life Living!*Discover the charm of lakeside living at this stunning property located on Lake Belton. Embrace a lifestyle filled with sun-soaked days and tranquil evenings as you immerse yourself in the beauty of nature right at your doorstep.*Cozy 1B/1B Apartment:* Imagine a charming 1-bedroom, 1-bathroom apartment thoughtfully designed to complement the main home. This cozy retreat features a fully equipped kitchen, perfect for preparing meals after a day of fun by the lake. The open-concept living room invites relaxation and provides a welcoming atmosphere for hosting friends and family. The spacious full-size bedroom ensures a restful night’s sleep, making it an ideal space for guests or as a private escape for yourself. *Lake Life Awaits:* With direct access to the lake, your weekends will be filled with boating, fishing, and swimming. The boat dock and boat ramp makes it easy to launch your watercraft and head out for adventure. *Community Amenities:* Enjoy the well-kept parks that dot the area, perfect for family picnics, leisurely strolls, or simply soaking in the serene surroundings. Whether you’re looking for a quiet day by the water or a fun-filled family outing, the park offers something for everyone. *Local Hotspots:*Indulge in delightful dining experiences at local favorites like Deadfish Grill and Frank's Marina, where you can savor delicious meals while basking in picturesque views of the lake. The region is not only ideal for water sports but also offers hiking trails, wildlife watching, and outdoor activities. Whether you choose to use this apartment for visiting loved ones, turning it into a rental for additional income, or simply enjoying the extra space for your hobbies, it seamlessly adds to the lifestyle of comfort and convenience that lake living offers.This property is not just a home; it's a lifestyle filled with relaxation and enjoyment.This not a home; it's a lifestyle filled with relaxation and enjoyment.

Investor Tools

Property Icon
$735,622
Estimated Property Value
$917,391Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$642/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,028
$735,622
2025
$75,132
$660,490
$735,622
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,028
$735,622

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Horizon Bank Ssb
Commercial
$936,700
No
First
Mar 28, 2025
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$917,391
N/A
0%
125%
$5,616/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$5,616/mo
$-3,976/mo
2.7%

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: Belton

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3238 Lake Park Road | Property Details | No Agent List