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$350,000

Lot 11 Captains Cove, Streetman, TX, 75859

PendingInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Build your dream lakefront home on Richland Chambers Lake, the third-largest lake in Texas. This exceptional 1.05-acre waterfront homesite offers approximately 300 feet of shoreline, protected by a steel retaining wall, providing both beauty and shoreline stability. Located in the desirable Admiral Shores subdivision on the south side of the lake, this property offers privacy, seclusion, and outstanding water access. Residents enjoy a gated entrance and a private boat ramp exclusively for property owners.Lot 11 is ideally situated in a cul-de-sac and features a few mature trees, creating a picturesque setting for your future home. The property enjoys waterfront frontage on both a protected cove and open water, offering the best of both worlds for boating, fishing, and lakeside living. Utilities, including water and electricity, are available at the road front of the property. The subdivision is restricted to site-built homes only, with no required timeframe to begin construction, allowing you to build at your own pace. Come and view this unique property and make it yours!

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$1,200/month
5.947%

Learn About the Market: Opportunity in Texas

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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: Streetman

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Lot 11 Captains Cove | Property Details | No Agent List