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$197,000

NAL Estimated Property Value

4620 Lake Shore Dr, May, TX, 76857

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,128 Sq Ft
price_per_sqft$84.59 / sqft
Year BuiltBuilt in 1994

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesAwning(s), Storage
Lot Size31,903 sqft

Building Information

Year Built1994

Land Information

APN41257
Lot Number170-173
SubdivisionHarbor Point Section I
Land UseResidential
Legal DescriptionHARBOR POINT SECTION I, LOT 170-173, MH LABEL # TEX0504863 / TEX0504864
Census Tract950100
Assessed Land Value$28,720
Assessed Improvement Value$117,040
Assessment Year2025

About this property

Spacious 4-Bedroom Home with Lake Access in Harbor Point, Brownwood, TX. This beautiful 4-bedroom, 2-bathroom home is located in the highly desirable Harbor Point Sec I subdivision, offering a perfect combination of tranquility and modern convenience. Situated on 0.732 acres, this property includes two parcels and is just a short distance from the shores of Brownwood Lake, providing you with the ideal setting for both relaxation and recreation. Built in 1994, the home features 2,128 square feet of living space, including an open floorplan with a living room complete with a stone, wood-burning fireplace that creates a warm, inviting atmosphere. The spacious kitchen offers built-in cabinets, a breakfast bar, and ceiling fans, making it a great space for cooking and entertaining. The adjacent dining area and breakfast room provide ample space for family gatherings. The primary bedroom includes a separate shower, granite countertops, and a linen closet for added convenience. All bedrooms feature ceiling fans and generous closet space. For added comfort, this home offers central electric heating and cooling, with ceiling fans to help you stay cool during the warmer months. The accessible ramp to the front of the home ensures easy access for everyone. The exterior boasts a covered deck, storage space, and a circular gravel driveway leading to a detached 4-car carport. The property is fully fenced with chain link and pipe fencing and features a beautiful mix of native oak trees, making this the perfect spot for outdoor enjoyment. Located in the May ISD school district, this home is ideal for families and offers the benefit of an annual HOA fee of $300, which covers full access to community amenities and property maintenance. This property is an excellent choice for anyone looking to live near Brownwood Lake, with ample space for both relaxation and entertaining.

Investor Tools

Property Icon
$197,000
Estimated Property Value
$158,672Estimated Mortgage Balance
$38,328Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,778
$145,760
2025
$28,720
$117,040
$145,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,778
$145,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
All Western Mortgage Inc
Fha
$162,011
Yes
First
Mar 31, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,672
$38,328
19%
81%
$972/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: May

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4620 Lake Shore Dr | Property Details | No Agent List