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$299,746

NAL Estimated Property Value

8141 E Lake Drive, Murchison, TX, 75778

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$350 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Entrance, Storage

Building Information

Year Built1981
Garage Spaces2

Land Information

APN2685-0000-0690-10
Lot Number69
SubdivisionEcho Lake (82)
Land UseResidential
Legal DescriptionLT 69 AB 245 J GONZALES SUR, ECHO LAKE, LT 69
Census Tract950202
Assessed Land Value$164,352
Assessed Improvement Value$135,394
Assessment Year2025

About this property

Lakefront Fully Furnished Cabin in Gated Community positioned on a 131 acre lake. Echo Lake is located between Athensand Tyler, 75mi to Dallas. This quaint cabin is 1200sf 3 bed 2 bath, 2 car garage on 1.386 acres. Large open living room withfloor to ceiling brick wood burning fireplace and an amazing view of the lake just a few steps away and adjacent to anunbuildable wooded lot. Master bedroom with joining bathroom and 2 nice sized bedrooms. Double paned expansivehorizontal sliding bay windows throughout. This is a beautiful dream come true! Echo: 500 acres, 131 acre trophy bassfishing, private 2600ft paved airstrip runway 250yard outdoor shooting range, 40 acre horse pasture with 2 story barn andmiles of walking trails.

Investor Tools

Property Icon
$299,746
Estimated Property Value
$218,405Estimated Mortgage Balance
$81,341Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
$875/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,197
$299,746
2025
$164,352
$135,394
$299,746
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,197
$299,746

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$220,000
No
First
Dec 19, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,405
$81,341
27%
73%
$1,320/mo

City: Murchison

8141 E Lake Drive | Property Details | No Agent List