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$799,000

5538 County Road 3214, Lone Oak, TX, 75453

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,478 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$540.6 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave
FlooringLaminate

Exterior

Exterior FeaturesRV Hookup, Storage
Lot Size35 acres

Building Information

Year Built2004
Stories1
Roof Type105

Land Information

APN0304-0010-0060-50
SubdivisionElliott Jonathan
Land UseResidential
Legal DescriptionA0304 ELLIOTT JONATHAN,TRACT 1-6, ACRES 35.0
Census Tract960700
Assessed Land Value$16,900
Assessed Improvement Value$240,050
Assessment Year2025

About this property

Discover this beautiful 3-bedroom, 2-bathroom home nestled on 35 acres in the highly sought-after Lone Oak, Texas area. Designed for both country living and livestock enthusiasts, this property offers the perfect blend of comfort, functionality, and convenience. The impressive 30x50 insulated shop features 14-foot walls and 24-foot overhangs, providing ample space for equipment, projects, or the potential to add horse stalls. A 20x20 loafing shed is ready for your animals, while the 300x145 arena makes this property ideal for riding, training, or recreational use. The acreage is fenced and cross-fenced with two ponds and a creek, offering excellent water sources for livestock and wildlife. Nature lovers will appreciate the abundance of deer and hogs that frequent the property, making it a great recreational retreat as well. Conveniently located just minutes from I-30 and the town of Lone Oak, you’ll enjoy easy access to shopping, dining, and commuting while still experiencing the peace and privacy of country life. Whether you’re looking for a horse property, cattle operation, recreational retreat, or your forever home in the country, this exceptional Lone Oak property has it all. Schedule your showing today!

Investor Tools

Property Icon
$523,000
Estimated Property Value
$285,731Estimated Mortgage Balance
$193,727Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

Interested in this property?

LeeAnn Doss

Southern Grace Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,952
$256,950
2025
$16,900
$240,050
$683,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,952
$256,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Intercontinental Capital Group Inc
Fha
$285,731
Yes
First
Dec 7, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,273
$193,727
37%
63%
$2,194/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.

Explore Texas Explore This Area
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: Lone Oak

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5538 County Road 3214 | Property Details | No Agent List