6view

Owner Contacts

$1,944,000

NAL Estimated Property Value

550 La Bota, Corsicana, TX, 75109

Off Market

5 Beds

6 Bath

5,474 Sq Ft

Single Family Residence

$511.49 / sqft

Built in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms 5.5

Indoor Fireplace

Garage Available

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBasketball Court, Boat Slip, Rain Gutters, Lighting

Lot Size2.40 acres

Building Information

Year Built2005

Stories2

Garage Spaces5

Land Information

APN61548

Lot Number111-R

SubdivisionArrowhead Sub Ph Ii

Land UseResidential

Legal DescriptionA0691 ARROWHEAD SUB PH II LOT 111-R 2.4 ACRES

Census Tract970701

Assessed Land Value$418,180

Assessed Improvement Value$1,203,570

Assessment Year2025

About this property

Look no further, this Richland Chambers Lake Home has it all! Stunning waterfront house on 2.4 acres, over 660' of water frontage in Arrowhead. This home has custom updates from top to bottom and room for everyone. 1st level boasts vaulted ceiling living space with fireplace and floor to ceiling windows, open dining, kitchen, and game space overlooking porch and lake. 1st level primary suite with updated ensuite bath, 2 additional downstairs bedrooms, each with full baths. Massive laundry room, pantries and half bath on level 1. Level 2 you will find two bunk-room style bedrooms each with closets and full baths and three additional living - gaming spaces. Remodel completed in 2022 added 4 car garage with 2nd level game room and secondary bunk room addition. Also replaced Roof, HVAC, Water Heaters, Septic, Flooring, Paint, Bathrooms, Kitchen Refresh and Laundry Room expansion. From the back porch you will see the sprawling yard and newly redone boathouse with Jet ski and boat lifts.

Investor Tools

$1,944,000

Estimated Property Value

$335,716Estimated Mortgage Balance

$1,608,284Estimated Equity

82% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$16,799 /month

Positive

Cash Flow Estimate:

$5,600 /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

$3,733/month

$1,000/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$35,072

$1,621,750

2025

$418,180

$1,203,570

$1,621,750

Tax History

Year

Tax Paid

Assessed Value

2024

$35,072

$1,621,750

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Provident Funding Associates Lp

Conventional

$381,000

First

Apr 3, 2020

May 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$335,716

$1,608,284

82%

17%

$2,285/mo

Learn About the Market: Opportunity in Texas

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 This Area