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$1,163,000

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

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

Property Lead Type:

Off-Market ListDeal 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
$0Estimated Mortgage Balance
$503,039Estimated Equity
100% 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

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.

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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: Mount Vernon

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