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Owner Contacts

$279,000

NAL Estimated Property Value

7515 E Lake Dr, Murchison, TX, 75778

$362,700 ARV

Off Market

2 Beds

2 Bath

1,296 Sq Ft

Single Family Residence

$277.01 / sqft

Built in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Refrigerator

Exterior

Exterior FeaturesBoat Slip, Rain Gutters

Building Information

Year Built1978

Roof Type105

Garage Spaces2

Land Information

APN2685-0000-0330-10

Lot Number33

SubdivisionEcho Lake (82)

Land UseResidential

Legal DescriptionLT 33 AB 847 A YORK SUR, ECHO LAKE, LT 33

Census Tract950202

Assessed Land Value$71,264

Assessed Improvement Value$146,587

Assessment Year2025

About this property

PROPERTY UNDER CONTRACT AND OPEN TO BACK UP OFFERS. Own a piece of East Texas paradise in the exclusive Echo Lake community. You will be engulfed by nature and serenity as your dream home sits right on the lake with the most amazing views and your very own private boat dock. This gorgeous, remodeled property features 2 bedrooms, 2 baths with a bonus room currently being used as a bedroom and an open floor plan with a gourmet kitchen perfect for entertaining and relaxing. Home, storage and boat dock roofs have been recently replaced. Echo Lake is a stunning 405-acre private gated community that offers amenities perfect for nature enthusiasts including a private 135-acre fishing lake, 40-acre horse pasture, endless walking and biking trails, 250-yard outdoor gun range, 2600 ft private airstrip with airplane hangars, active social calendar and more! Learn more at echolaketx.com. This oasis is nestled in between Athens and Tyler and just 75 miles from Dallas.

Investor Tools

$279,000

Estimated Property Value

$164,682Estimated Mortgage Balance

$114,318Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$362,700

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,154 /month

Positive

Cash Flow Estimate:

$718 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$354/month

$1,275/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,855

$217,851

2025

$71,264

$146,587

$217,851

Tax History

Year

Tax Paid

Assessed Value

2024

$2,855

$217,851

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Conventional

$170,000

First

Aug 30, 2024

Sep 2039

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$164,682

$114,318

40%

59%

$1,020/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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