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
Street View of property
Street View
A+
NoAgentList RatingHow are grades calculated?Info

$488,000

NAL Estimated Property Value

890 County Road 2305, Sulphur Springs, TX, 75482

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths956 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.29 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesNone
FlooringVinyl

Exterior

Lot Size1.89 acres

Building Information

Year Built2001

Land Information

APNR000024897
SubdivisionMoses Wm H Survey A-
Land UseResidential
Legal DescriptionACRES: 1.892 ABS: 592 TR: 21-03 SUR: MOSES WM H
Census Tract950800
Assessed Land Value$61,250
Assessed Improvement Value$25,070
Assessment Year2025

About this property

Dreaming of your own lakeside retreat with some of the most breathtaking views in East Texas? Now’s your chance to make it a reality. Nestled in a prime spot within the exclusive Lake Elberta Club, this cozy 2-bedroom cabin offers an idyllic escape with an incredible lakeview. Lake Elberta Club, a private and cherished haven, is designed for the enjoyment of its members and their immediate families. This nostalgic lakeside community transports you back to simpler times, with annual traditions like the Fourth of July picnic and tranquil days spent by the water. Here, you can cast your line for bass and crappie, kayak across serene waters, hike trails, or spend time with neighbors enjoying the community firepit. While the cabin will require some repairs to be made and TLC, its endless potential combined with its stunning setting creates a truly unique opportunity. Embrace the beauty and charm of private lakeside living in East Texas! (IMPORTANT NOTE: cash sale only. Land is owned by the club, and homes are classified as personal property and may not be used as a primary residence.)

Investor Tools

Property Icon
$488,000
Estimated Property Value
$0Estimated Mortgage Balance
$488,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,928 /month
Positive
Cash Flow Estimate:
$976 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
$1,550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$252
$86,320
2025
$61,250
$25,070
$86,320
No

Tax History

Year
Tax Paid
Assessed Value
2025
$252
$86,320

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$488,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Sulphur Springs

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

890 County Road 2305 | Property Details | No Agent List