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$1,265,400

405 Lcr 737, Thornton, TX, 76687

PendingInfo
Beds3 Beds
Baths4 Bath
Baths3,237 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$390.92 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker
FlooringConcrete, Laminate

Exterior

Exterior FeaturesGas Grill, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, RV Hookup, Storage
Lot Size1.42 acres

Building Information

Year Built2009
Garage Spaces2

Land Information

APNR4516
Lot Number12-15
Land UseResidential
Legal DescriptionPIN OAK COVE LAKE LIMESTONE, LOT 012 - 015, ACRES 1.42
Census Tract970800
Assessed Land Value$310,500
Assessed Improvement Value$538,040
Assessment Year2024

About this property

LUXURY WATERFRONT HOME ON LAKE LIMESTONE - This CUSTOM home has over 3200 sqft of living space AND a 1000 sqft outdoor patio that you can enjoy year-round. There is an office just off the elegant front entry. The home has a nice open concept, high 10-15 foot ceilings, two living areas, a gourmet island kitchen with granite countertops and bar seating. FOUR FIREPLACES (2 Wood Burning & 2 Propane). The entire home has floor to ceiling windows to enjoy the expansive lake view. The secluded master suite has access to the patio, an exercise or sitting area, lots of closet space and a SPA bathroom with a walk thru shower, whirlpool tub and separate vanities. The two other bedrooms have ensuite baths. There is a half bath as you enter in the home from the Porte-Cochere which connects to an oversized 2 car garage that is heated and cooled by a mini-split and used as a comfortable bunk room for 8 additional guests. There is even room for guests to stay in RV(s) on the side next to garage with electric and septic hookup, and extra storage over garage. This home is well built! It was just updated with a NEW ROOF and rain gutters. The home has a specially engineered slab, extra thick insulated walls, two HVAC units with ALL NEW zoning and duct work, two water heaters, a GENERAC generator, and custom built-ins throughout. There is a well-structured steel bulkhead, a beautifully sodded irrigated yard with mature oak trees. This listing includes 2 plus waterfront lots (400 feet of Waterfront) with a fishing pier that can be expanded into a custom boathouse. Owner is open to other options up to selling their entire estate with boathouse. Make this your OASIS and ENJOY PEACEFUL LIVING ON THE LAKE WATCHING DEER AND SUNSETS FROM YOUR BACK PORCH! Lake Limestone is one of Central Texas BEST KEPT SECRETS. The lake covers 14,000 acres, is up to 42 ft deep, and is centrally located between Houston, Dallas, and Austin. It's a very peaceful lake that is great for fishing & recreational use.

Investor Tools

$0Estimated Mortgage Balance
$1,010,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,592 /month
Positive
Cash Flow Estimate:
$2,531 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,469/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,582
$848,540
2024
$310,500
$538,040
$848,540
No

Tax History

Year
Tax Paid
Assessed Value
2022
$12,582
$848,540

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,256,000
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: Thornton

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405 Lcr 737 | Property Details | No Agent List