Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$580,553

NAL Estimated Property Value

489 Lakeshore Drive, Brookeland, TX, 75931

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,340 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$268.8 / sqft

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesMicrowave, Free-Standing Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size27,878 sqft

Building Information

Garage Spaces2

Land Information

APN012400022600
Lot Number2
SubdivisionRayburn Country
Land UseResidential
Legal DescriptionLOT 2 SEC 1 RAYBURN COUNTRY 1373/101 0.64 ACRES
Census Tract950101
Assessed Land Value$202,118
Assessed Improvement Value$378,435
Assessment Year2025

About this property

Beautiful 3 bedroom, 2 bath home that offers plenty of sunlight & Beautiful views. This waterfront home on Lake Sam Rayburn is a must see & will make you leave all your worries behind as you enjoy the beauty of nature from inside & outside. This home has so much to offer updated kitchen, new carpet, new roof, repainted inside & out, large covered deck off the back off home great for entertaining, Primary suite upstairs offers an extra room for an office, sitting area or for extra sleeping space along with its own private deck area, large primary bath & there is no shortage of closet space. 2nd floor has two stair case accesses from inside and 1 from outside along with an open loft. Gorgeous wood burning fireplace in living room. Fenced back yard and a fabulous set kennels set up for your fur babies. Don't miss out on this little piece of heaven call today and schedule your tour!

Investor Tools

Property Icon
$580,553
Estimated Property Value
$542,722Estimated Mortgage Balance
$37,831Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$884/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,711
$580,553
2025
$202,118
$378,435
$580,553
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,711
$580,553

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$555,000
No
First
Feb 27, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$542,722
$37,831
6%
93%
$3,328/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Brookeland

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

489 Lakeshore Drive | Property Details | No Agent List