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$55,000

5096 Waterfront Road, Kerens, TX, 75144

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size8,516 sqft

Land Information

APN111732
Lot Number12
SubdivisionPeninsula Point At Richland Chambers
Land UseResidential
Legal DescriptionP0220 PENINSULA POINT AT RICHLAND CHAMBERS BLK 1 LOT 12 0.1955 ACRES
Census Tract970600
Assessed Land Value$93,230
Assessment Year2025

About this property

Experience waterfront lake living at its best in the gated Peninsula Point community on Richland Chambers Reservoir. This .196-acre waterfront lot offers the perfect setup for your RV getaway, vacation retreat, or income-producing investment property in one of the lake’s most amenity-packed resort-style communities. Whether you’re looking for a peaceful weekend escape or a fun home-away-from-home, this property puts you right in the middle of everything lake life has to offer. Wake up to gorgeous water views, spend your days boating, fishing, paddleboarding, or simply relaxing by the shore, then wind down with breathtaking sunset views over the lake. With waterfront access right from your lot, you’ll have the opportunity to create your own personal outdoor oasis and fully enjoy the beauty of Richland Chambers Lake. The setting feels like a vacation every time you pull through the gates. Peninsula Point was designed for convenience, comfort, and recreation, offering resort-style amenities that make it stand out from the typical RV community. Residents and guests enjoy access to a community pool, clubhouse, outdoor grilling areas, laundry facilities, playground, dog park, fishing pier, private boat ramp, boat storage area, and beautifully maintained common spaces throughout the subdivision. Paved roads, gated access, and a welcoming atmosphere make this community ideal for both full-time enjoyment and weekend getaways. One of the biggest perks? Short-term rentals are allowed, giving owners the flexibility to generate additional income when the property is not in personal use. Whether you’re ready to pull in your RV and start making lake memories immediately or you’re searching for a waterfront investment opportunity with incredible amenities, this property offers the best of both worlds—relaxed lake living with resort-style convenience. Owner financing available 20% down 3-5 year term at 10% interest

Investor Tools

$46,770Estimated Mortgage Balance
$46,460Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$559 /month
Positive
Cash Flow Estimate:
$186 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
$1,068/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,602
$93,230
2025
$93,230
N/A
$93,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,602
$93,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Th Richland Champbers Llc
Purchase Money Mortgage
$52,430
No
First
Nov 5, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,770
$46,460
49%
50%
$315/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: Kerens

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5096 Waterfront Road | Property Details | No Agent List