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$439,000

521 Ideal Circle, Quinlan, TX, 75474

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,812 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.27 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringVinyl, Wood

Exterior

Exterior FeaturesDock, Fire Pit, Storage
Lot Size8,002 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3830-0000-0290-56
Lot Number29
SubdivisionLakeview Heights Addition # 1
Land UseResidential
Legal DescriptionS3830 LAKEVIEW HEIGHTS ADDITION # 1 LOT 29 ACRES .1837
Census Tract961600
Assessed Land Value$130,600
Assessed Improvement Value$191,230
Assessment Year2025

About this property

Experience lakefront living at its finest with this beautifully updated 3-bedroom, 2-bath home located on the open water of Lake Tawakoni. Situated on approximately .18 deeded acres plus an additional .50 acre Sabine River Authority leaseback, this property offers breathtaking views, incredible outdoor living, and endless recreational opportunities. Inside, you’ll love the spacious open floor plan featuring three generously sized bedrooms, updated finishes, luxury vinyl plank and wood flooring, and a beautifully remodeled kitchen complete with granite countertops and stainless steel appliances. Large windows invite natural light while showcasing stunning lake views throughout the home. Step outside to enjoy the expansive 50’ x 13’ covered outdoor entertaining deck overlooking the lake, the perfect setting for morning coffee, sunset gatherings, or weekend entertaining.. Approximately 100 feet of shoreline on the open lake with new dock, making it ideal for boating, fishing, and waterfront fun. The home has central propane heat, city water, and a voluntary HOA. Whether you’re looking for a full-time residence, weekend getaway, or income-producing Airbnb opportunity, this lake house checks every box. Conveniently located on Lake Tawakoni, this property offers the perfect blend of relaxation, recreation, and investment potential.

Investor Tools

$226,531Estimated Mortgage Balance
$213,469Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$600/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,001
$321,830
2025
$130,600
$191,230
$321,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,001
$321,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Place Finance Llc
Conventional
$235,740
No
First
Apr 22, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,531
$213,469
48%
51%
$1,414/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Quinlan

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521 Ideal Circle | Property Details | No Agent List