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$478,000

NAL Estimated Property Value

8213 E Lake Dr, Murchison, TX, 75778

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.32 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built1997
Roof Type105
Garage Spaces2

Land Information

APN2685-0000-0770-10
Lot Number77
SubdivisionEcho Lake (82)
Land UseResidential
Legal Description77 AB 245 J GONZALES SUR, ECHO LAKE, LT 77
Census Tract950202
Assessed Land Value$118,770
Assessed Improvement Value$295,046
Assessment Year2025

About this property

Gated Lakefront Community positioned on exclusive part of the lake, facing south for beautiful sunrises, sunsets and watching bald eagles soar. Echo Lake is located between Athens and Tyler, 75mi to Dallas. Meticulously landscaped with mature tree canopy this home boasts 2533sf 4 bedrooms, 3 full baths, oversized 2 car garage and fishing pier. The ceilings are 15ft high, steel frame and thick 6in walls. The open floor plan combines kitchen, dining and living room all with lakeview with a corner fireplace. Beautiful natural light emanates throughout the entire home. Primary bedroom has French doors to a large screened patio with custom built deep hot tub. There are 2 workshops and 4th bedroom with bathroom in lower area. Echo: 500 acres fenced, 131 acre trophy bass fishing, private 2600ft paved airstrip runway (tx40) 250yard outdoor shooting range, 40 acre horse pasture with 2 story barn and miles of walking trails. Hangar not included but you build your dream hangar. No Wake Lake.

Investor Tools

Property Icon
$478,000
Estimated Property Value
$372,279Estimated Mortgage Balance
$105,721Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
$875/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,406
$413,816
2025
$118,770
$295,046
$413,816
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,406
$413,816

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Commercial
$396,000
No
First
Feb 27, 2023
Feb 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,279
$105,721
22%
78%
$2,375/mo

City: Murchison

8213 E Lake Dr | Property Details | No Agent List