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$201,000

387 Lake Shore Drive, Gordonville, TX, 76245

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.92 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Plumbed For Ice Maker

Building Information

Year Built1961
Garage Spaces2

Land Information

APN021 129900300S102
Lot NumberF
SubdivisionWilliams J B A-G1299
Land UseResidential
Legal DescriptionG-1299 WILLIAMS J B A-G1299, GAINESVILLE BOAT CLUB, LOT F, IMPS ONLY GAINESVILLE BOAT CLUB, LOT F, IMPS ONLY
Census Tract000304
Assessed Improvement Value$123,498
Assessment Year2025

About this property

Gorgeous updated home in private gated community on Lake Texoma, beautiful lake views from your porch and deck will not disappoint. Home has been updated and a list of those updates available in transaction desk. Home features 3 bedrooms and 2 full baths, Kitchen and Living area are open and offer a great family space. Enjoy boating, fishing, family time and making new friends. Membership Required in Gainesville Boat Club. Buyer and Buyer Rep to verify square footage and schools. Please note rentals are not allowed in Gainesville Boat Club.

Investor Tools

Property Icon
$201,000
Estimated Property Value
$0Estimated Mortgage Balance
$201,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,709 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,029
$123,498
2025
N/A
$123,498
$123,498
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,029
$123,498

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$201,000
100%
0%
$0/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.

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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: Gordonville

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387 Lake Shore Drive | Property Details | No Agent List