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Days350Days on Market
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$220,000

744 Shores Dr, Honey Grove, TX, 75446

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.31 acres

Land Information

APN138495
Lot Number48
Land UseVacant Urban
Legal DescriptionSHORES AT THE PENINSULA, LOT 48, ACRES 1.31
Census Tract950100
Assessed Land Value$250,000
Assessment Year2025

About this property

Lot 48 (Marker 148) in The Shores at The Peninsula on Bois d’Arc Lake! Discover the perfect canvas for your dream home, vacation getaway, or investment retreat in The Shores at The Peninsula—an exclusive, gated lake community in charming Honey Grove, TX. This spacious 1.31-acre interior lot is nestled within a bring-your-own-builder neighborhood, giving you the flexibility to design and build your vision from the ground up. A rare find in such a prestigious setting. Whether you're chasing peace and quiet, lakeside adventure, or a smart investment with short-term rentals (7 day minimum stay on the entire property, not an out building) allowed, this property checks every box. Community Perks Include: A resort-style clubhouse with a fitness center, observation deck & mini golf Gated entrances for added security Outdoor cooking area perfect for entertaining Park Update: The concrete for the cart path has begun install. The tennis courts and dog park will be next. 8-Slip Marina: The 8-slip marina will be finished this summer. Shores Marina: The Shores marina is ready for use. Peninsula Marina: The Peninsula 20 slip marina getting the gangway attached. Coming Soon: paddleboard-kayak launch, pickleball and tennis courts, multi-use sports field, fenced dog park, playground, and more! This lot is just a short golf cart ride away from all current and upcoming amenities. Imagine starting your mornings with lake breezes, enjoying sunset cruises, or relaxing at the clubhouse after a full day on the water. Don’t miss this chance to own a slice of lakeside paradise at an unbeatable value. Bring your dreams. Bring your builder. And bring your future to life at Bois d’Arc Lake. Buyer to verify all information.

Investor Tools

Property Icon
$250,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$155,178Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Barbara Perez

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,823
$250,000
2025
$250,000
N/A
$250,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,823
$250,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Purchase Money Mortgage
$100,000
No
First
Jul 21, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,822
$155,178
62%
38%
$600/mo

Learn About the Market: Opportunity in Texas

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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: Honey Grove

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744 Shores Dr | Property Details | No Agent List