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$870,000

92 Turtle Lane, Seguin, TX, 78155

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$377.6 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Range, Refrigerator, Built In Oven, Cooktop, Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony, Enclosed Porch, Lighting, Porch
Lot Size29,621 sqft

Building Information

Year Built1960
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2G-0011-0000-41600-000
SubdivisionClements J D
Land UseResidential
Legal DescriptionABS: 11 SUR: J D CLEMENTS 0.68 AC
Census Tract210805
Assessed Land Value$461,885
Assessed Improvement Value$210,657
Assessment Year2025

About this property

Lake Placid Waterfront Retreat with Attached Guest House! One of the largest lots on Lake Placid with a gentle slope to the improved waterfront-no stairs required. Easily roll your cooler and lake gear straight to the water. Unique setup includes a one-story attached guest house with its own kitchen, living room, and laundry room, providing excellent separation for guests, extended family, or short-term rental use. The main home and guest house together offer two kitchens and two laundry rooms. Protect your investment: Per the elevation certificate, the home's living area is above the FEMA floodplain. The property has never flooded and benefits from low flood insurance costs.The property features mature shade trees, a screened porch and covered breezeway, and a detached two-car garage. The primary bedroom includes an upstairs balcony with relaxing lake views. Waterfront improvements include new bulkhead, new decking, covered boathouse with lift, jet ski framework, and large lakeside storage/pump house that operates a full sprinkler system using lake water. New roof recently installed. Lake Placid offers nearly 5 miles of waterskiing and watersports, plus kayaking and largemouth bass fishing. Vacation rentals allowed. Voluntary HOA includes a boat ramp. Conveniently located near Granzin's Meat Market, McQueeney, New Braunfels, and San Antonio. Lake Placid dam is complete and rising, making this an excellent opportunity to enjoy lake living as the lake returns to full potential.

Investor Tools

$301,938Estimated Mortgage Balance
$559,062Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,220 /month
Positive
Cash Flow Estimate:
$1,740 /month

Interested in this property?

Katie Clark

Corner Post Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,619/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,120
$672,542
2025
$461,885
$210,657
$672,542
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,120
$672,542

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
William O Wiley Etal
Unknown
$351,000
No
First
Nov 28, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,938
$559,062
64%
35%
$2,645/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
$2,670/mo
$-1,039/mo
2.3%

City: Seguin

92 Turtle Lane | Property Details | No Agent List