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Days493Days on Market
Views1view

$309,900

$70,000

400 N Lake St, Waskom, TX, 75692

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.74 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesElectric Water Heater

Exterior

Lot Size12,589 sqft

Building Information

Year Built1935
Stories1
Garage Spaces2

Land Information

APN02230.00039.01100.000000
Lot Number11A
SubdivisionOl Ne
Land UseResidential
Legal DescriptionACRES: 0.289 LOT: 11A SUBD: OL NE HSE
Census Tract020106
Assessed Land Value$4,560
Assessed Improvement Value$72,900
Assessment Year2025

About this property

Welcome home to 400 N Lake Street in Waskom, Texas—where timeless character meets modern luxury. Originally built in 1935, this beautiful home has been completely transformed into a stunning Texas-style farmhouse while preserving the warmth and charm that make historic homes so special. Every detail has been thoughtfully rebuilt with quality and comfort in mind. Nearly everything is brand new, including the plumbing, electrical system, roof, windows, doors, second story addition, insulation, kitchen cabinetry, countertops, lighting, ceiling fans, real pine hardwood flooring, and carport. This is essentially a new home wrapped in classic farmhouse character. Offering approximately 2,300 square feet, the home features 3 spacious bedrooms, 3 full bathrooms, and a flexible bonus room that can easily serve as a fourth bedroom, home office, playroom, or media room. The private primary suite is a true retreat, complete with a one-of-a-kind hidden safe room concealed behind a custom bookcase. The heart of the home is the beautifully designed farmhouse kitchen, featuring a large center island, abundant cabinetry, and modern finishes perfect for entertaining or everyday living. Even better, the refrigerator, washer, and dryer are included, making this home truly move-in ready. Step outside to the expansive covered front porch, the perfect place to enjoy breathtaking Texas sunsets or cheer on a baseball game at the field just across the street or gaze at the amazing pecan trees that will soon yield many pecans for your tasty enjoyment! Whether you're relaxing with your morning coffee or unwinding in the evening, this inviting outdoor space is sure to become a favorite. Conveniently located just 5 minutes from Interstate 20, you'll enjoy small-town living with easy access to nearby cities—only 15 minutes to Shreveport and 45 minutes to Longview. If you've been searching for a home that combines historic charm, modern craftsmanship, and unique character, 400 N Lake Street is truly one of a kind. Schedule your private showing today and experience this exceptional Texas farmhouse for yourself. Schedule an appointment today to view this beauty!

Investor Tools

Property Icon
$77,460
Estimated Property Value
$160,631Estimated Mortgage Balance
$0Estimated Equity
-107% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,859 /month
Positive
Cash Flow Estimate:
$620 /month

Interested in this property?

Diane Shelton

BOLD Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$509
$77,460
2025
$4,560
$72,900
$77,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$509
$77,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Spring Hill State Bank
Unknown
$160,631
No
First
Sep 3, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,758
N/A
0%
205%
$964/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: Waskom

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