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$506,250

NAL Estimated Property Value

410 Peninsula Dr, Honey Grove, TX, 75446

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.19 acres

Land Information

APN138377
Lot Number5
Land UseVacant Urban
Legal DescriptionPENINSULA ADDITION, LOT 5, ACRES 1.19
Census Tract950100
Assessed Land Value$506,250
Assessment Year2025

About this property

410 Peninsula Drive is a stunning lakefront property on Bois d’Arc Lake, offering over 190 feet of shoreline surrounded by mature trees. Located within the exclusive gated Peninsula community, this lot gives buyers the opportunity to select their own builder and design a custom home and private boat dock. Residents enjoy a wealth of amenities, including a clubhouse with an indoor lounge, kitchen, bar, outdoor grilling area, observation deck, infinity pool, and fitness center. Planned future amenities, such as community marinas, a kayak and paddleboard launch, a dog park, and a multi-purpose field, will further enhance the lifestyle coming in 2025. The Peninsula was the first community on Bois d’Arc Lake and sold out in under 30 minutes, establishing its desirability. It is the only community with existing homes, allowing you to envision your future in this exclusive area. With short-term rentals permitted, this property also offers significant investment potential. Conveniently located near the South 1396 Boat Ramp, just a 5-minute boat ride away, and the expanding Belle Vie and Five Points developments, 410 Peninsula Drive is ideal for those seeking a lakefront home, a second residence, or an investment property in a rapidly growing region. Schedule a tour and envision your future at The Peninsula on Bois d'Arc Lake. *Buyer to verify all information*

Investor Tools

Property Icon
$506,250
Estimated Property Value
$189,890Estimated Mortgage Balance
$316,360Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,179 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$765/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,645
$506,250
2025
$506,250
N/A
$506,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,645
$506,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Flca
Commercial
$199,920
No
First
Aug 4, 2023
Sep 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,890
$316,360
62%
38%
$1,199/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: Honey Grove

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410 Peninsula Dr | Property Details | No Agent List