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$629,000

385 Sailview Ct, Honey Grove, TX, 75446

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.49 acres

Land Information

APN138433
Lot Number61
Land UseVacant Urban
Legal DescriptionPENINSULA ADDITION, LOT 61, ACRES 1.49
Census Tract950100
Assessed Land Value$675,000
Assessment Year2025

About this property

385 Sailview Ct, Lot 61 – The Peninsula at Bois d’Arc Lake Experience lakefront living at its finest on one of the most coveted lots in the prestigious gated community of The Peninsula at Bois d’Arc Lake. Spanning 1.49 acres with breathtaking open-water views, this rare property offers direct access to the lake and is one of the few exclusive lots with dual boat slip privileges — build your own private dock on your property and enjoy a deeded, developer-installed marina slip maintained by the HOA. Whether you're dreaming of sunset cruises, weekend gatherings by the water, or building a family retreat that will echo with memories for generations, this southwest-facing lot is the perfect foundation. Just steps from planned luxury amenities, including a clubhouse, infinity pool, fitness center, and paddle launch, this homesite promises not just a home, but a lifestyle of adventure, serenity, and timeless lakefront elegance. Build your sanctuary where the water meets the sky — and where every day feels like a getaway. Seller is Motivated. *Buyer to verify all information*

Investor Tools

$385,900Estimated Mortgage Balance
$289,100Estimated Equity
42% 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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Hannah Cupps

C4 Home and Land Team

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$951/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,037
$675,000
2025
$675,000
N/A
$675,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,037
$675,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
One World Bank
Unknown
$404,920
No
First
Oct 6, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,900
$289,100
42%
57%
$2,428/mo

Learn About the Market: Opportunity in Texas

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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 Texas Explore This Area
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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385 Sailview Ct | Property Details | No Agent List