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Days39Days on Market
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$1,999,999

4604 Sapphire Way, Caney City, TX, 75148

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,776 Sq Ft
price_per_sqft$529.66 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
AppliancesDishwasher, Disposal, Microwave, Other

Building Information

Garage Spaces2

About this property

Located in Cedar Creek Lake’s premier new gated community, Emerald Bay, this exceptional new construction waterfront home sits on .68 acres and offers 3,311 square feet of living area with 4 bedrooms, 4.5 baths, and a dedicated office that can also serve as a 5th bedroom. The property also includes a new construction boathouse and boat slip. In addition, the home features approximately 3,970 square feet of total air-conditioned space, including a 659-square-foot climate-controlled garage with full spray foam insulation and epoxy flooring. Designed for comfort, quality, and efficiency, the home also features a spacious 420-square-foot rear porch, ideal for outdoor living and entertaining. The roof system combines a commercial-grade TPO roof on low-slope sections with impact-resistant 40-year architectural shingles on sloped areas. A premium imported European glass package elevates the home with tilt-and-turn windows, zero-friction sliding doors, 8-point locking systems, and high-efficiency insulated glass. This oversized waterfront lot offers 79 feet of shoreline along with excellent water depth and beautiful open-water views. Emerald Bay amenities include pickleball and basketball courts, a swimming pool, fire pit, playground, and golf cart paths, making this one of Cedar Creek Lake’s most desirable new communities.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

Interested in this property?

Courtney Johnson

TX Lake & Land Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$1,800/month
5.947%

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: Caney City

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4604 Sapphire Way | Property Details | No Agent List