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$391,000

376 Shores Dr, Honey Grove, TX, 75446

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesBoat Slip
Lot Size1.46 acres

Land Information

APN138451
Lot Number4
Land UseVacant Urban
Legal DescriptionSHORES AT THE PENINSULA, LOT 4, ACRES 1.46
Census Tract950100
Assessed Land Value$310,000
Assessment Year2025

About this property

*Now with Seller Financing Options Available! Contact Listing Agent for details!* The best deal on the market right now for a luxury lakefront lot on the new Bois d'Arc lake!! Located in the prestigious gated community of The Shores at the Peninsula, this 1.46-acre personal oasis boasts not just a DEEDED BOAT SLIP at the newly completed community marina but also has been APPROVED by NTMWD to be BOAT DOCK CAPABLE, plus access to all community amenities! This lot offers stunning, uncompromised views of the lake and is builder-ready with underground utilities, water and fiber internet available at the lot. Bring your own preferred builder and build your dream home! The only lakeside community with several completed homes and more currently under construction! Just looking for a vacation home? This lot provides the flexibility to generate additional income with short-term rentals allowed. Current amenities include a multi-million-dollar community club house with an infinity pool, weight room, and putt-putt golf course. Other amenities under construction will be a community park, walking trails, and tennis and pickle ball courts as well as a proposed multi-sport complex! Don't miss this amazing opportunity to build your dream home on the first major reservoir constructed in Texas in nearly 30 years, conveniently located approximately 60 miles northeast of the Dallas area!

Investor Tools

Property Icon
$391,000
Estimated Property Value
$0Estimated Mortgage Balance
$391,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,759 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$499/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,039
$310,000
2025
$310,000
N/A
$310,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,039
$310,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$391,000
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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376 Shores Dr | Property Details | No Agent List