NoAgentList RatingHow are grades calculated?

21Days on Market

1view

$833,000

374 Tejas Trail, Grapeland, TX, 75844

On Market

3 Beds

2 Bath

1,304 Sq Ft

Single Family Residence

$638.8 / sqft

Built in 1973

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDisposal, Microwave, Dishwasher

Exterior

Exterior FeaturesBoat Slip

Lot Size23,435 sqft

Building Information

Year Built1973

Land Information

APN060600100000000000000

SubdivisionTejas Shores

Land UseResidential

Legal DescriptionTEJAS SHORES LOT 1/2-2 & ALL 3 SEC 1

Census Tract950500

Assessed Land Value$94,500

Assessed Improvement Value$298,530

Assessment Year2025

About this property

Experience the ultimate East Texas lake lifestyle with this fully furnished waterfront retreat on beautiful Houston County Lake! This 3-story, 3-bedroom, 2-bath home sits on a spacious lot with over 100 feet of shoreline and is completely move-in ready — just bring your clothes! Included with the property is a rare 2018 50th Anniversary MasterCraft ski and wake boat, making this an incredible turnkey lakefront opportunity. Inside, you’ll find hardwood and laminate flooring, an oversized entertainment room with a stone gas fireplace, and expansive windows overlooking the lake. The kitchen features vaulted ceilings, stainless steel appliances, a breakfast nook, and great storage space. Outside, enjoy your own man-made beach, diving platform, covered boat dock with lift and slip, and a 40x12 storage barn for all your lake toys. With ample parking, breathtaking views, and everything included for immediate enjoyment, this property is the perfect weekend retreat or full-time lake home.

Investor Tools

$455,000

Estimated Property Value

$0Estimated Mortgage Balance

$254,812Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,998 /month

Positive

Cash Flow Estimate:

$1,666 /month

Interested in this property?

Nancy Lawrence

Lawrence Realty

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$385/month

$200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,348

$393,030

2025

$94,500

$298,530

$393,030

Tax History

Year

Tax Paid

Assessed Value

2025

$2,348

$393,030

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Commercial Bank Of Texas Na

Commercial

$229,600

First

Nov 15, 2019

Dec 2039

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$200,188

$254,812

56%

44%

$1,377/mo

Learn About the Market: Opportunity in Texas

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.

Explore This Area