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$280,000

854 Lake Rd, Gordonville, TX, 76245

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.73 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built1962

Land Information

APN013A6546597
Lot Number939
SubdivisionSherwood Shores Unit 1
Land UseResidential
Legal DescriptionSHERWOOD SHORES UNIT 1, LOT 939, ACRES .1148
Census Tract000304
Assessed Land Value$33,250
Assessed Improvement Value$155,316
Assessment Year2024

About this property

Welcome to your secluded oasis at Lake Texoma! This charming lake house, nestled on three expansive lots, offers unparalleled views of the surrounding natural beauty. Situated across the street from Corp property, ensuring permanent lake views. This location is a dream for nature lovers and those seeking tranquility. The property features a spacious lot, providing ample room for outdoor activities, including parking for an RV. A storage building and workshop space which would cater to hobbyists and outdoor enthusiasts alike, offering plenty of room for equipment and tools. Whether you're relaxing on the expansive deck overlooking the lake, enjoying a barbecue with friends and family, or embarking on outdoor adventures, this property offers the perfect blend of serenity and convenience. Don't miss your chance to own this slice of paradise on Lake Texoma! Contact us today to schedule your private tour and experience lakeside living at its finest.

Investor Tools

Property Icon
$182,000
Estimated Property Value
$0Estimated Mortgage Balance
$182,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$283
$112,420
2024
$33,250
$155,316
$188,566
No

Tax History

Year
Tax Paid
Assessed Value
2023
$283
$112,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$182,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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854 Lake Rd | Property Details | No Agent List