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Days27Days on Market
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$350,000

659 Rocky Point Road, Blackwell, TX, 79506

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,803 Sq Ft
price_per_sqft$92.03 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

AuctionHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesOther

Building Information

Year Built2001
Garage Spaces4

Land Information

APN122451000000002000000
Lot Number20B
Land UseResidential
Legal DescriptionOAK CREEK CABIN #312-475 DAVENPORT LOT 20B
Census Tract950100
Assessed Improvement Value$300,400
Assessment Year2025

About this property

Beautiful lake house set for auction on August 22, 2026, offering an exceptional blend of comfort, charm, and lakeside living. This modern three-bedroom, two-bath home sits on land leased from the city of Sweetwater at just $750 per year, and features a spacious living room with vaulted ceilings, a welcoming fireplace, a well-appointed kitchen with a large laundry area, a walk-in shower, an inviting sunroom, and a gorgeous back porch framed by a natural stone retaining wall. The attached two-car garage adds convenience, while the permanent covered boat and fishing dock—with sturdy construction, anchoring mud poles, and a metal walkway—provides effortless access to the water and stunning views. A high-ceiling metal shop with tall double roll-up door, additional single roll-up door, and a carport ideal for boat or jet ski storage completes this impressive lakeside property, making it a rare opportunity for both relaxation and recreation.

Investor Tools

$0Estimated Mortgage Balance
$378,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,214
$300,400
2025
N/A
$300,400
$300,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,214
$300,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$378,000
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: Blackwell

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