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$99,000

Lot 118 Sterling Drive, Streetman, TX, 75859

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Baths0 Bath
Unimproved LandUnimproved Land

About this property

Build your dream retreat near Richland Chambers Lake on this spacious 1.01-acre homesite in the gated Admiral Shores community. This level interior lot offers approximately 132 feet of road frontage, a generous grassy building area, and a beautiful mix of mature trees that can provide shade, privacy, and a scenic backdrop for your future home. The property is positioned along a paved private road and offers plenty of room to design a full-time residence or relaxing weekend getaway. Much of the groundwork for development is already in place, with plat approval, installed streets, underground utilities, co-op water, and electricity available. Located outside city limits with no city services or sewer, the property provides a peaceful country setting while keeping lake recreation close at hand. Admiral Shores residents enjoy access to community amenities that include gated entry, fishing, lake areas, park spaces, and full use of the community facilities. The neighborhood’s attractive waterfront setting, covered marina slips, shaded picnic areas, and open green spaces enhance the laid-back lake lifestyle. Deed restrictions help protect the community’s appeal, and mobile homes are not permitted. Located in Fairfield ISD, this inviting homesite offers the space, natural beauty, and lake-community setting needed to bring your vision to life.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$594 /month
Positive
Cash Flow Estimate:
$198 /month

Interested in this property?

Julie Teel

RE/MAX Lakeside Dreams

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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 118 Sterling Drive | Property Details | No Agent List