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$424,000

NAL Estimated Property Value

340 Lakewood Ln, Honey Grove, TX, 75446

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.05 acres

Land Information

APN138471
Lot Number24
Land UseVacant Urban
Legal DescriptionSHORES AT THE PENINSULA, LOT 24, ACRES 2.05
Census Tract950100
Assessed Land Value$420,000
Assessment Year2025

About this property

Experience lakefront living at 340 Lakewood Lane, a 2.05-acre lakefront potentially boat dock capable lot offering breathtaking sunset views over Bois d'Arc Lake. Surrounded by mature trees, this property provides the perfect blend of seclusion and privacy, making it an ideal setting for a peaceful retreat or an active lakefront lifestyle. Located in the prestigious gated community of The Shores at The Peninsula in Honey Grove, TX, which sold out in under an hour in May 2023, this lot is a prime piece of waterfront property. This exclusive community offers a multimillion-dollar clubhouse, mini golf course, fitness center, outdoor cooking area, and gated entrances for privacy and security. Short-term rentals are permitted, making this an excellent investment opportunity. Additional amenities coming in Summer 2025 include a fenced dog park, picnic area, playground, multisport field, pickleball-tennis court, community marinas, and a kayak and paddleboard launch. Don't miss this chance to own one of the few lakefront boat dock capable lots on Bois d’Arc Lake. Whether you’re looking to build your dream home or make a smart investment, 340 Lakewood Lane offers the perfect opportunity. *Buyer to verify all information*

Investor Tools

Property Icon
$424,000
Estimated Property Value
$0Estimated Mortgage Balance
$424,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$748/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,858
$420,000
2025
$420,000
N/A
$420,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,858
$420,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$424,000
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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340 Lakewood Ln | Property Details | No Agent List