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$649,750

$674,525

4189 Fm 2946, Emory, TX, 75440

On MarketInfo
Price DropInfo
Beds2 Beds
Baths5 Bath
Baths2,588 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.06 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 5Bathrooms Full 5
AppliancesDishwasher, Electric Range, Microwave
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Other
Lot Size14,810 sqft

Building Information

Year Built1985
Garage Spaces2

Land Information

APN4056
Land UseResidential
Legal DescriptionA0190 ISAAC REED SURVEY PART OF TRACT 1 (WF), 0.34 ACRES
Census Tract950101
Assessed Land Value$31,280
Assessed Improvement Value$583,186
Assessment Year2025

About this property

Lake Fork waterfront living without the typical waterfront price! This gated retreat offers an incredible opportunity with .34 deeded acres plus over 4 acres of SRA leaseback and approximately 1,500 feet of shoreline on one of Texas’ most sought-after fishing lakes. From peaceful mornings on the porch to unforgettable sunsets over the water, this property delivers the lake lifestyle everyone dreams about. This beautifully updated home features 3 bedrooms, 3 full bathrooms, and the perfect blend of comfort, charm, and functionality. Designed for full-time living or the ultimate weekend getaway, the home offers inviting spaces for relaxing, entertaining, and making lasting memories with family and friends. With approximately $187K in updates since 2022, this property has been thoughtfully improved inside and out while maintaining the warmth of a true lake retreat. Outdoor living is where this property truly shines! Enjoy breathtaking water views from the covered porches, cool off in the sparkling pool overlooking Lake Fork, spend your days fishing from your own shoreline, or head out on the water with ease from the boathouse featuring a boat lift. A 24x30 shop with electricity provides excellent space for boats, equipment, tools, hobbies, storage, and all your lake toys. The gated entrance provides added privacy, while the expansive shoreline and generous leaseback acreage create room to fully enjoy the outdoors. With incredible views, a pool, shop, boathouse, and direct access to a world-famous trophy bass fishing destination, this property offers endless possibilities as a permanent residence, vacation escape, or weekend retreat. No HOA! This is more than a home...it’s your chance to own your own piece of Lake Fork.

Investor Tools

$192,128Estimated Mortgage Balance
$476,242Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,008 /month
Positive
Cash Flow Estimate:
$1,336 /month

Interested in this property?

Tony Gore

Signature Properties, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,196
$614,466
2025
$31,280
$583,186
$614,466
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,196
$614,466

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First National Bank Of East Texas
Credit Line (Revolving) / Heloc
$211,600
No
First
Sep 24, 2021
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,128
$422,338
68%
29%
$1,269/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: Emory

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4189 Fm 2946 | Property Details | No Agent List