Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$899,000

$975,000

861 Spellings Road, Marshall, TX, 75670

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,630 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$341.83 / sqft
Year BuiltBuilt in 1988

About this property

Welcome to Lawrence Creek Ranch, the absolute pinnacle in East Texas privacy. Set on 88.5 acres of rolling hills, of which approximately 60+/- are managed Timber, this property is truly remarkable. Located midway between Marshall and Harleton, the property is 5 minutes from Enoch's Stomp Winery, Walkers Mill Winery, and Bear Creek Smokehouse. You could have the option of attending Marshall or Harleton schools, as Harleton accepts transfers (buyer to confirm) As you drive thru the gated entrance, you are greeted by young Pines on either side. Planted in 2018, they will be ready for their first thinning in approximately 5 years. The 1/4 mile long driveway ensures complete privacy as you arrive to the residence. Outside, there is a 800 sq. ft. shop with electrical and plumbing for a bathroom, along with a shooting range that has a concrete pad and storage room. Step inside the residence and you are greeted with an open floorplan, and stunning finishes. The home underwent a complete interior and exterior remodel from 2020-2022, and features Eastern red cedar trim, hickory wood Kitchen cabinets, custom staircase with hickory planks, and incredible kitchen cabinet space. The primary suite is enormous, and features a custom double vanity sink and double shower. The two other bedrooms on the first floor share a Jack and Jill bathroom. Upstairs, an amazing 600 sq. ft. flex space that has been used as a bedroom and media room. Featuring a full bathroom and walk in closet, this could also easily be the primary suite if desired. Back outside, the covered porch leads to an oversized pergola, perfect for outdoor entertainment. Now for the land. 88.5 acres, which was replanted by the Texas A&M Foresty Service in 2018. They estimate the first thinning to be in 2031. Bordered on the north by Lawrence Creek, the property is fully fenced, with some cross fencing. No chemicals, pesticides or any other treatments of any kind, and no cattle have been on the property for many years. There is a spring fed pond on the east side of the property, that feeds a wet weather Creek that runs north to south and feeds into Lawrence Creek. Incredible and diverse wildlife, including an abundance of deer. No restrictions, no gas lines, no oil or gas pads. Fiber internet, and only an electric bill. Incredible tax savings, as the property is AG/Timber Exempt. If you have been dreaming of owning a truly stunning property that offers plenty of room, total privacy, stunning views, a fully modern and move in ready home, hunting, and a diversity of landscapes, then you have found the one.

Investor Tools

$0Estimated Mortgage Balance
$899,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

Interested in this property?

Zachary Lastra

Clayton Realty Solutions

ContactContact

Want alerts when something changes with this property?

Financing Details

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

City: Marshall

861 Spellings Road | Property Details | No Agent List