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$675,000

NAL Estimated Property Value

375 Sailview Ct, Honey Grove, TX, 75446

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.46 acres

Land Information

APN138434
Lot Number62
Land UseVacant Urban
Legal DescriptionPENINSULA ADDITION, LOT 62, ACRES 1.46
Census Tract950100
Assessed Land Value$675,000
Assessment Year2025

About this property

Sitting on nearly 1.5 acres along the shores of North Texas’ newest trophy bass lake, 375 Sailview Ct in Honey Grove, TX, also known as Lot 62, offers an excellent opportunity to own a boat dock-capable lakefront property on the newly developed Bois d’Arc Lake. Known for its impressive fishery, Bois d’Arc Lake has been stocked by Texas Parks and Wildlife with ShareLunker Florida-strain bass fingerlings to mirror the legendary fishing at Lake Fork. In April 2025, a 10+ lb bass was caught and weighed from the lake, potentially setting the new lake record once approved by TPWD. This lot is ideal for a weekend home, full-time residence, or income-producing short-term rental. With short-term rentals allowed and plenty of space to build, the flexibility is there to make it your own. Picture yourself starting the day on your private boat dock, coffee in hand, watching the sunrise over the water. Having your own dock means direct access to fishing, boating, and all the conveniences of lake living right from your backyard. Located in The Peninsula, a private, sold-out community that drew significant attention when it launched in May 2023, residents enjoy access to a resort-style clubhouse featuring an infinity pool, fitness center, putt-putt golf, outdoor grilling stations, and more. Additional amenities under construction include a multi-sport field, kayak and paddleboard launch, fenced dog park, and several community marinas. Public access is also nearby via the South 1396 Boat Ramp. **This property is priced under market value!** With its fishing, community amenities, and direct access to one of Texas’ most promising new lakes, Lot 62 offers both immediate value and long-term potential. *Buyer to verify all information*

Investor Tools

Property Icon
$675,000
Estimated Property Value
$0Estimated Mortgage Balance
$675,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$915/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,606
$675,000
2025
$675,000
N/A
$675,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,606
$675,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$675,000
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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375 Sailview Ct | Property Details | No Agent List