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$66,800

402 Forest Lake, Texarkana, TX, 75503

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.05 acres

Land Information

APN19187
Lot Number6A
SubdivisionForest Lake Estates
Land UseResidential
Legal DescriptionFOREST LAKE ESTATES LOT 6A 2025-5452 06/09/25 BLK/TRACT 4 1.054 ACRES
Census Tract011201
Assessed Land Value$50,000
Assessment Year2025

About this property

Beautiful 1-acre homesite in a peaceful, well-maintained community surrounded by attractive homes and scenic lakes. The seller has thoughtfully cleared the brush while preserving mature trees, with space and natural beauty all ready for your custom build home. Situated atop a ridge, this lot offers excellent drainage with no water retention concerns. Utilities are located at the back of the property, with a gas line accessible at the corner. Forest Lake Drive has recently been upgraded with new concrete and curbing. Enjoy low traffic, privacy, and picturesque surroundings. A great place for you to build your dream home.

Investor Tools

$59,230Estimated Mortgage Balance
$50,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$401 /month
Positive
Cash Flow Estimate:
$134 /month

Interested in this property?

Jacqueline Davis

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$21/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$50,000
2025
$50,000
N/A
$50,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$50,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bodcaw Bank
Unknown
$60,200
No
First
Jun 6, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,230
N/A
0%
118%
$361/mo

City: Texarkana

402 Forest Lake | Property Details | No Agent List