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$660,000

$690,000

345 Rains County Road 3390, Emory, TX, 75440

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,701 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.35 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage, Other
Lot Size32,234 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN32078
Lot Number21
Land UseResidential
Legal DescriptionA0204 GEORGE SCULL SURVEY PINSON SPRINGS LOT 21
Census Tract950101
Assessed Land Value$53,280
Assessed Improvement Value$611,270
Assessment Year2025

About this property

Perched along the shores of world-famous Lake Fork in Penson Springs, this beautifully designed waterfront home offers the perfect blend of comfort, functionality, and unforgettable views. This 4-bedroom, 3-bath residence has been thoughtfully designed for both everyday living and entertaining family and friends at the lake. The versatile fourth bedroom is perfectly suited as a private office or guest suite with attached bath. The heart of the home is the spacious kitchen featuring stunning knotty alder cabinetry, abundant storage, granite countertops, breakfast bar seating, and a cozy breakfast nook — all positioned to take in sweeping lake views. A formal dining room provides additional space for hosting gatherings and holiday meals. The formal living room features a warm gas fireplace, while the expansive family room serves as the ideal entertainment space with panoramic backyard and lake views, making it perfect for game nights, pool tables, cards, or simply relaxing with guests. The beautiful, windowed sunroom creates a bright year-round retreat to enjoy morning coffee or evening sunsets. Outdoors, a recently added wood deck and concrete patio provide exceptional spaces for entertaining, dining, or simply soaking in the sunshine and star-filled East Texas nights. The fenced backyard is ideal for smaller pets, while a picturesque tree-lined path leads directly to the private boat dock. Anglers and boating enthusiasts will appreciate approx. 10’of water at the back of the single-slip dock — considered excellent for Lake Fork — along with immediate access to a deeper creek for quick navigation to open water. Additional highlights include a full-size stairway to spacious floored attic storage and only about one mile from the Lake Fork Golf Club, offering even more recreational opportunities for family and guests. This is East Texas lake living at its finest — whether for a full-time residence, weekend retreat, or entertainer’s dream on legendary Lake Fork.

Investor Tools

$367,293Estimated Mortgage Balance
$328,707Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,176 /month
Positive
Cash Flow Estimate:
$1,392 /month

Interested in this property?

Paul Tibbets

Signature Properties, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,090/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,599
$664,550
2025
$53,280
$611,270
$664,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,599
$664,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank Of Sulphur Springs
Conventional
$406,875
No
First
May 7, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$367,293
$328,707
47%
53%
$2,440/mo

City: Emory

345 Rains County Road 3390 | Property Details | No Agent List