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$380,000

NAL Estimated Property Value

538 Jeannie Ln, Eastland, TX, 76448

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,406 Sq Ft
price_per_sqft$310.1 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Gas Range, Refrigerator
FlooringVinyl

Exterior

Lot Size1 acre

Building Information

Year Built2019

Land Information

APN66083
Lot Number48
SubdivisionWright Point
Land UseResidential
Legal DescriptionLTS 48 WRIGHT POINT S/D 4 AB 340 LAKE LEON (1 LT) WATERFRONT
Census Tract950202
Assessed Land Value$25,000
Assessed Improvement Value$406,940
Assessment Year2025

About this property

Designed for comfort and low maintenance, this meticulously constructed home has it all. Gated entrance with remote accessibility. Aerobic septic. Capability to water the sodded yard, the flower beds, and many trees, including fruit producing peach trees! The entire bottom floor offers ample room for hosting family events as well as parking. A granite island with both hot and cold water makes hosting dinner parties a breeze with the shoreline a mere 25’ feet away. An 8’ wide Trex deck pier extends well into the water for easy access for all the water activities. Also on the ground level is a SAFE ROOM that has a bathroom vented with heat & air as well as a separate storage room. The steel piers that support the home are set on bedrock in reinforced concrete, and the concrete beams in the foundation are over 30” deep and heavily reinforced. A long, slightly sloped ramp makes for an easy walk up to the spacious 2 bedroom, 2 bath home with open concept living, dining, and cooking. Built in 2019 with all the high-end upgrades including granite countertops throughout and luxury vinyl plank flooring, ample closet spaces, a walk-in pantry, over-sized laundry closet, and a gas log fireplace make this home extra comfortable. The Trex deck patio facing the water is paradise with limited sun exposure for enjoyment even in the heat of the day. Whether a forever home, a home away from home, or an income-producing property, this well-built lake house sits in an area with little vehicle traffic and is a dream come true. The attic space is decked in one large area which offers additional opportunities to increase living space or storage. Spray foam insulation. Fully fenced for children and pets. Concrete board siding. Metal roof. Propane-fueled whole house Generac installed. Low maintenance and in a dreamy spot with a million dollar view!

Investor Tools

Property Icon
$380,000
Estimated Property Value
$310,599Estimated Mortgage Balance
$69,401Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,616 /month
Positive
Cash Flow Estimate:
$872 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$802
$294,120
2025
$25,000
$406,940
$431,940
No

Tax History

Year
Tax Paid
Assessed Value
2025
$802
$294,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Titus38 Llc
Conventional
$316,650
No
First
Apr 16, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,599
$69,401
18%
82%
$1,899/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: Eastland

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538 Jeannie Ln | Property Details | No Agent List