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$460,000

61 Rocky Point Road, Mount Vernon, TX, 75457

$598,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$354.94 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesDock, Storage
Lot Size21,475 sqft

Building Information

Year Built1987

Land Information

APN16508
Lot Number1
SubdivisionRocky Point
Land UseResidential
Legal DescriptionROCKY POINT LOT 1 & PT UDI 8 0.493 AC
Census Tract950200
Assessed Land Value$76,438
Assessed Improvement Value$204,098
Assessment Year2025

About this property

Experience the pinnacle of lakefront living! This striking cedar A-frame combines iconic architectural design with unmatched lakefront views and a private covered pier—a dream setup for fishing enthusiasts and relaxation seekers alike. Nestled on nearly half an acre, the home immediately impresses with dramatic floor-to-ceiling windows that flood the open floor plan with natural light, highlighting the soaring vaulted ceilings, warm wood accents, cozy wood-burning fireplace and endless water views. The main level flows effortlessly onto an oversized deck, offering a front-row seat to spectacular sunrises and peaceful evenings. For optimal privacy, the main floor features a secluded bedroom with an attached full bath, while the versatile upper loft serves as a spacious bunk room, guest suite, or secondary lounge with its own private bathroom. Improvements include: NEW waterfront retaining wall, walkway-pier to deep water & spring fed channel, half covered dock; exterior retaining walls & culvert drainage from top of driveway to water; asphalt drive, 3 parking areas, new shed, landscaping, rock-drainage around house, re-stained decking; wall AC unit upstairs; new windows throughout (except kitchen), retractable blinds to ceiling in living room w-remote; fresh interior paint; new oven-range; new microwave; too many improvements to list (see Improvement List in Transaction Desk). Move-in ready with the refrigerator, washer, dryer, couch, and other furnishings negotiable, this property makes lakeside living effortless from day one. Whether you are searching for an income-producing vacation rental, a weekend fishing retreat, or your forever home and family gatherings, this is your chance to turn the shores of Lake Bob Sandlin into your everyday reality. START YOUR NEW CHAPTER WITH THIS LAKESIDE GEM!!!

Investor Tools

$259,308Estimated Mortgage Balance
$21,228Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$598,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

Interested in this property?

Susan Zachary

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,902
$280,536
2025
$76,438
$204,098
$280,536
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,902
$280,536

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Conventional
$266,000
No
First
Mar 17, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,308
$21,228
7%
92%
$1,595/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: Mount Vernon

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61 Rocky Point Road | Property Details | No Agent List