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$1,163,000

NAL Estimated Property Value

61 W Eagle Point Drive, Mount Vernon, TX, 75457

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,981 Sq Ft
price_per_sqft$466.94 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesBoat Slip, Rain Gutters, Outdoor Grill, Other
Lot Size25,352 sqft

Building Information

Year Built1995

Land Information

APN02106-00000-00053-000000
Lot Number53
SubdivisionEagle Point
Land UseResidential
Legal DescriptionAB 55 B BROOKS LT 53 PH 2 EAGLE POINT STRUCTURAL ELEVATION ; 388.65
Census Tract950101
Assessed Land Value$292,000
Assessed Improvement Value$648,420
Assessment Year2025

About this property

This waterfront cottage is in the premier gated subdivision of Eagle Point. This beautifully appointed home is nested among towering trees and offers 3 bedrooms and 3 baths. Abundant floor plan includes a vaulted ceiling, stone wood burning fireplace and an amazing view of the lake. Downstairs primary suite has unobstructed view of the lake. The 2nd guest bedroom is located downstairs with access to bathroom. Extra-large upstairs loft provides additional sleeping space. The property has 100.33’ of water frontage, one stall boathouse, adjoining jet ski lift, and a large party deck with commanding views. The outdoor fire pit is the perfect way to end the day. Best part, it is fully furnished and move-in ready! Recent improvements in 2022 are:a new vinyl retaining wall, new roofs on both the home and boathouse, and new decking and staining of the catwalk. See the list of other improvements in associated documents. Negotiable are the 2003 Chaparral 220 SSI,3 seat Wave Runner.

Investor Tools

Property Icon
$1,163,000
Estimated Property Value
$659,961Estimated Mortgage Balance
$503,039Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,978 /month
Positive
Cash Flow Estimate:
$2,326 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,491/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,072
$940,420
2025
$292,000
$648,420
$940,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,072
$940,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Unknown
$696,000
No
First
Jul 25, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$659,961
$503,039
43%
57%
$4,173/mo

City: Mount Vernon

61 W Eagle Point Drive | Property Details | No Agent List