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$1,328,000

NAL Estimated Property Value

707 El Barco, Corsicana, TX, 75109

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,077 Sq Ft
price_per_sqft$339.71 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Microwave, Double Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
FlooringStone

Exterior

Lot Size33,977 sqft

Building Information

Year Built2013
Stories2
Garage Spaces4

Land Information

APN62341
Lot Number23
SubdivisionVista Ridge
Land UseResidential
Legal DescriptionV0500 VISTA RIDGE LOT 23 .78 ACRES
Census Tract970701
Assessed Land Value$224,460
Assessed Improvement Value$919,460
Assessment Year2025

About this property

Been waiting for that perfect waterfront property?? The search is over!!! This exquisite rustic limestone construction custom built home offers luxury lake life living at its best. Nestled in the exclusive, Vista Ridge Addition on a exceptional lake with the best lake location! Richland-Chambers Reservoir is perfect for all your water activities! The main house boasts 5 bedrooms 4 full bathrooms spanning over 4077 sqft it is incredibly spacious and meticulously designed by the seller. You will fall in love with the floor to ceiling windows throughout the back of the home. You have a oversized detached garage complete with a extra long garage space perfect for your boat. The guest house boasts 480 sqft with a roll-up door perfect for entertaining, giving you that indoor outdoor experience. The trex decked boat house is complete with remote operated lifts for your boat and waverunners. This luxury custom built lake front property is truly a masterpiece by design.

Investor Tools

Property Icon
$1,328,000
Estimated Property Value
$712,371Estimated Mortgage Balance
$615,629Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,310 /month
Positive
Cash Flow Estimate:
$2,770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,095/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,497
$1,143,920
2025
$224,460
$919,460
$1,143,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,497
$1,143,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$750,000
No
First
Aug 15, 2023
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$712,371
$615,629
46%
54%
$4,497/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: Corsicana

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707 El Barco | Property Details | No Agent List