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$446,000

NAL Estimated Property Value

473 Lcr 737, Thornton, TX, 76687

$493,656 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,386 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$270.49 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringTile

Exterior

Exterior FeaturesDog Run, Fire Pit, Rain Gutters
Lot Size1.10 acres

Building Information

Garage Spaces5

Land Information

APNR40938
Lot Number24
Land UseResidential
Legal DescriptionPIN OAK COVE LAKE LIMESTONE, LOT 024
Census Tract970800
Assessed Land Value$107,250
Assessed Improvement Value$234,380
Assessment Year2024

About this property

A perfect get-away or forever home. Peaceful, relaxing, lake living at Lake Limestone. This great fishing lake is centrally located in Texas less than 2 ½ hours away from these major cities: Dallas, Fort Worth, Houston, Austin, and only an hour from Waco. This private cul-de-sac property has 82 feet of water frontage and a very nice bulk head with steps leading down into the water. Store your boat in garage and launch by using electronic winch down the extra-long concrete boat ramp. Main home has 4 Bedrooms and 2 Baths and a wraparound porch and patio facing the lake. There is also a garage apartment with kitchen and bath (288 sqft), a 3 car carport, a greenhouse, and room for a garden. The home has beautiful granite countertops in bathrooms and kitchen, and tiled floors throughout main traffic areas, carpet in bedrooms. Well maintained exterior has HardiBoard siding, guttering, and a metal roof. The property is gorgeous with Mature Trees, St. Augustine Grass, and lots of deer and wildlife. It is also located on one of the deepest areas of the lake. Come enjoy the sunrises and sunsets and all the fun in-between. This listing includes 2 lots. 82 feet of waterfront. Approximately 1 acre of land. Directions from Groesbeck - take FM 937 toward lake, turn left on Sterling Robertson Dam Rd, travel a little over 1 mile, pass Limestone Baptist Church on left, pass Malone Ranch on left, at the Y in road veer left onto Sansom Cemetery Rd, Just Past Lanier Point, turn right onto LCR 739, at Y go right until you reach the dead end cul-de-sac. Directions from Highway 7 - turn onto FM 937 toward lake, turn right on Sterling Robertson Dam Rd, travel a little over 1 mile, pass Limestone Baptist Church on left, pass Malone Ranch on left, at the Y in road veer left onto Sansom Cemetery Rd, Just Past Lanier Point, turn right onto LCR 739, at Y go right until you reach the dead end cul-de-sac.

Investor Tools

Property Icon
$446,000
Estimated Property Value
$268,107Estimated Mortgage Balance
$177,893Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$493,655
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,676 /month
Positive
Cash Flow Estimate:
$892 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,730
$341,630
2024
$107,250
$234,380
$341,630
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,730
$341,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Place Finance Llc
Conventional
$297,000
No
First
Apr 14, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,107
$177,893
39%
60%
$1,781/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: Thornton

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473 Lcr 737 | Property Details | No Agent List