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$188,500

3281 Shadow Pine Dr (Lot 64 & L5), LaRue, TX, 75770

PendingInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5.09 acres

Land Information

APN3358-0000-0640-10
Lot Number64
SubdivisionLegacy Shores (91)
Land UseVacant Land
Legal Description64 AB 178 W T CARTER SUR, LEGACY SHORES, LT 64, (RE:TR 1) G/317
Census Tract951401
Assessed Land Value$152,737
Assessment Year2025

About this property

Wooded 5.09 acre lot in new development Legacy Shores at Lake Palestine! This off water elevated tract has water viewsthrough the trees of the glistening lake as well as a separate 40' wide waterfront boathouse lot, located around the corner,providing owners easy access to the lake for fishing, kayaking, and more. Legacy Shores is located on Flat Cove, apremium fishing area of the lake, where trophy bass are caught and fishing boats linger waiting for the best catch! With 91total homesites (waterfront lots & off water lots complete with a boathouse lot) this well planned new development offerslarger tracts than other communities, and provides equestrian opportunities on tracts 5 acres or more. Perfect for the naturelover or fishing aficionado! Water, broadband and electricity are located along the newly paved roads of this gatedcommunity. Lots 64 and L5 must be sold together - not divisible. Build your own private retreat in the hills and trees of EastTexas - with easy access to amenities in Tyler & Dallas - and let the fishing begin!

Investor Tools

$130,918Estimated Mortgage Balance
$21,819Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,131 /month
Positive
Cash Flow Estimate:
$377 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,446
$152,737
2025
$152,737
N/A
$152,737
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,446
$152,737

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank
Commercial
$143,910
No
First
Sep 28, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,918
$21,819
14%
86%
$863/mo

City: LaRue

3281 Shadow Pine Dr (Lot 64 & L5) | Property Details | No Agent List