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$465,000

617 County Road 1035, Mount Pleasant, TX, 75455

$465,136 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,281 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.73 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesDishwasher

Exterior

Lot Size26,136 sqft

Building Information

Year Built1984

Land Information

APN9196
SubdivisionThompson, John Abs
Land UseResidential
Legal DescriptionTHOMPSON, JOHN ABS 00566 TR 410 .6 AC
Census Tract950302
Assessed Land Value$125,453
Assessed Improvement Value$335,523
Assessment Year2025

About this property

Discover lakefront living at its finest on the pristine shores of Tankersley Lake, where this extraordinary property commands a prime point location with panoramic water views. Set on a prime lot, this remarkable home offers an unparalleled blend of comfort and natural beauty alongside approximately 245 acres of sparkling waters. The thoughtfully designed 3,281-square-foot residence features dual living spaces and two fully equipped kitchens, making it perfect for multi-generational living or entertaining. Five well-appointed bedrooms and four bathrooms provide ample space for family and guests, while the primary bedroom offers a peaceful retreat with stunning lake views. Step outside to your personal waterfront paradise, complete with a private boat dock and fishing pier perfect for angling enthusiasts or those seeking serene water adventures. The covered patio serves as an ideal vantage point for watching spectacular sunsets or enjoying morning coffee while wildlife gracefully traverses the landscape. Inside, cozy fireplace inserts add warmth and ambiance to gathering spaces, creating the perfect atmosphere for year-round comfort. This fenced property ensures privacy and security, while maintaining the natural beauty of the lakefront setting. This exceptional home combines the tranquility of waterfront living with modern conveniences, offering a lifestyle where every day feels like a vacation. Whether you're an outdoor enthusiast, someone seeking a peaceful retreat, or simply dreaming of waking up to breathtaking lake views, this property provides an extraordinary opportunity to embrace lakeside living at its finest.

Investor Tools

Property Icon
$460,976
Estimated Property Value
$0Estimated Mortgage Balance
$460,976Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$465,136
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,597
$460,976
2025
$125,453
$335,523
$460,976
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,597
$460,976

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$460,976
100%
0%
$0/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 Pleasant

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617 County Road 1035 | Property Details | No Agent List