$316,032
NAL Estimated Property Value498 RS County Road 1532 Road, Point, TX, 75472
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Range
FlooringCarpet, Laminate
Exterior
Exterior FeaturesStorage
Lot Size7,000 sqft
Building Information
Year Built2000
Garage Spaces2
Land Information
APN6366
Lot Number68
Land UseResidential
Legal DescriptionA0014 BROOKS THOAMS SURVEY; BLK 2 LOT 68 CEDAR CREEK ESTATES (WF)
Census Tract950200
Assessed Land Value$48,300
Assessed Improvement Value$267,732
Assessment Year2025
About this property
Well maintained 2 story LAKE FRONT property conveniently located next to the boat ramp in Cedar Creek Estates. Move in ready! Private setting with beautiful sunsets on the water. This is the perfect lake home, you thought you couldn't afford! Sabine River Authority Lease to waterfront is approx $90 yearly. HOA initiation and dues are approx $50 yearly.
Investor Tools
$316,032
Estimated Property Value
$141,535Estimated Mortgage Balance
$174,497Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,896 /month
Positive
Cash Flow Estimate:
$632 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
$50/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,565
$316,032
2025
$48,300
$267,732
$316,032
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,565
$316,032
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$154,990
No
First
Oct 30, 2021
Nov 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,535
$174,497
55%
45%
$930/mo
