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$244,000

85 Lake Shore Rd, Gordonville, TX, 76245

Off MarketInfo
Baths0 Bath
Baths1,980 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2022

About this property

Vacant lot situated in private Gainesville Boat Club located on Lake Texoma. Build your weekend getaway or retirement home and watch the sun rise from your front porch. Private club amenities include boat ramps, wet slips as well as private fishing pier. Buyer, Buyer Rep to verify schools and lot size.

Investor Tools

Property Icon
$244,000
Estimated Property Value
$0Estimated Mortgage Balance
$244,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,278
$205,098
2025
N/A
$205,098
$205,098
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,278
$205,098

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$244,000
100%
0%
$0/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: Gordonville

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85 Lake Shore Rd | Property Details | No Agent List