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$489,000

$2,800

45 County Road 4857, Mount Pleasant, TX, 75455

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,743 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.27 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Electric Oven, Gas Cooktop, Ice Maker, Microwave
FlooringTile, Vinyl

Exterior

Lot Size1.28 acres

Building Information

Year Built1981
Garage Spaces2

Land Information

APN16552
Lot Number7
SubdivisionSwanno Shores Addition
Land UseResidential
Legal DescriptionSWANNO SHORES ADDITION BLK 1 LOT 7 & 8-A 1.278 AC
Census Tract950400
Assessed Land Value$58,452
Assessed Improvement Value$341,461
Assessment Year2025

About this property

Welcome to Paradise! Experience lakefront life & exceptional investment potential at this custom lake home just outside of Pittsburg on Welsh Reservoir. Be delighted with breathtaking waterfront views of this beautiful lake. Furnitures and appliances are all included, making it ready for a getaway weekend or move-in ready lake home. This well-established vacation rental has a proven track record, generating impressive gross rental income over $57K annually for the last two years. Successful & profitable Airbnb with Superhost nomination over past 4 years. Imagine yourself sitting on the covered patio and wrap around deck, enjoying the tranquility of the outdoors, the water sports or fishing. This home has plenty of room for your family & guests w 4 Bedrooms (one can be a study) all with ceiling fans and no carpet, 3 Bathrooms with an open concept living room w wood burning fireplace. Kitchen is fully equipped w granite, formal dining room w built-ins & breakfast nook. Enjoy the wonderful sunroom surrounded w lake views. It has 7 sliding glass doors, heated-cooled, great for entertaining, yoga room, home gym and more. If you need space to store your boat or other outdoor toys, this place has that too. Docks alongshore have been removed, you can use removable or boat ramp 0.5 mile from the house. Tenants are moving out by June 12th.

Investor Tools

$316,093Estimated Mortgage Balance
$177,907Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month

Interested in this property?

Livia Pepe

Keller Williams Realty Allen

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,712
$399,913
2025
$58,452
$341,461
$399,913
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,712
$399,913

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$348,800
No
First
Jul 9, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,093
$177,907
36%
64%
$2,092/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: Mount Pleasant

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45 County Road 4857 | Property Details | No Agent List