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$475,000

866 Lcr 894, Jewett, TX, 75846

$494,569 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,856 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$255.93 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesElectric Cooktop, Electric Water Heater, Refrigerator, Wine Cooler
FlooringLaminate

Exterior

Exterior FeaturesBalcony, RV Hookup

Building Information

Year Built2015

Land Information

APNR3124
Lot Number66,67
Land UseResidential
Legal DescriptionCEDAR CREEK ESTATES LAKE LIMESTONE, BLOCK H, LOT 066 - 067
Census Tract970700
Assessed Land Value$259,900
Assessed Improvement Value$162,230
Assessment Year2024

About this property

Experience the charm of true lakefront living on beautiful Lake Limestone. Situated on over a half-acre in a peaceful, private setting, this two-story waterfront retreat offers an exceptional opportunity as a full-time residence, weekend getaway, or income-producing short-term rental. Enjoy stunning water views, direct lake access, and endless recreation right from your backyard—bring your paddleboards, fishing gear, or simply relax and swim. Known for spectacular Fourth of July fireworks displays across the lake, this property offers a front-row seat to unforgettable memories. The home features solar power to help offset the majority of electric costs, adding efficiency to lakeside living. Rarely do you find waterfront property at this price point—an incredible opportunity under $500K. The large building beside the house currently serves as a game room but would also make a great 3rd bedroom or living area. All buildings on property already have water and electric. Covered spot for RV and hookup. Need more room? An adjacent lot with beach access is also available for purchase. Privacy, recreation, and investment potential all wrapped into one remarkable lake property.

Investor Tools

$96,249Estimated Mortgage Balance
$398,121Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$494,568
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month

Interested in this property?

Loni Jones

Niche Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,828
$422,130
2024
$259,900
$162,230
$422,130
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,828
$422,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$105,800
No
First
Aug 14, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,249
$356,751
78%
19%
$635/mo

City: Jewett

866 Lcr 894 | Property Details | No Agent List