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Street View

$660,000

NAL Estimated Property Value

981 Lcr 779, Groesbeck, TX, 76642

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,902 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$393.8 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2.5Bathrooms 2.5
AppliancesWater Heater, Microwave, Electric Cooktop, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesBoat Slip

Building Information

Year Built2007
Garage Spaces3

Land Information

APNR9751
Lot Number96,97
Land UseResidential
Legal DescriptionWAYLAND CROSSING LAKE LIMESTONE, BLOCK A, LOT 096 - 097
Census Tract970800
Assessed Land Value$239,250
Assessed Improvement Value$297,900
Assessment Year2024

About this property

Welcome to your lake house on Lake Limestone! This 4 bed, 2.5-bath home offers the perfect blend of luxury and comfort with breathtaking waterfront views. Whether you're looking for a serene weekend getaway or a full-time residence, this property has everything you need. Enjoy the open-concept living, kitchen and dining areas, perfect for entertaining or relaxing with family. Kitchen is equipped with stainless steel appliances and granite counter tops. The master retreat has a private en-suite bathroom and 2 walk-in closets. Most of your time will be spent enjoying the spacious yard and expansive deck/patio areas ideal for barbecues, outdoor dining, or simply soaking in the view. This property offers direct access to the lake with a private covered boathouse, 2 slips both equipped with automatic lifts for your watercraft. BONUS: Extra space for all your storage needs, from outdoor gear to seasonal decorations in the 30' X 40' insulated metal building. Your slice of paradise awaits!

Investor Tools

Property Icon
$660,000
Estimated Property Value
$541,644Estimated Mortgage Balance
$118,356Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,814
$537,150
2024
$239,250
$297,900
$537,150
No

Tax History

Year
Tax Paid
Assessed Value
2022
$6,814
$537,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$558,250
No
First
Sep 20, 2024
Oct 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$541,644
$230,356
29%
82%
$3,347/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.

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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: Groesbeck

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981 Lcr 779 | Property Details | No Agent List