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$70,000

$100,000

Lot 140 Shenandoah Drive, Streetman, TX, 75859

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Baths0 Bath

About this property

Build your dream lake retreat on this beautiful 1.10-acre off-water lot in the gated The Wilderness community at Richland Chambers Reservoir! Nestled among gorgeous mature trees and partially cleared for convenience, this property offers the perfect balance of privacy, natural beauty, and ready-to-build potential. Foundation work and plumbing have already been started, giving you a head start on bringing your vision to life. Whether you’re planning a full-time residence or weekend getaway, this spacious lot provides plenty of room to create your ideal home while enjoying the peaceful setting and upscale lake community atmosphere. The adjacent lot is also available for purchase under MLS #21277309, offering a rare opportunity to expand your space or secure additional privacy. Don’t miss this opportunity to own a slice of paradise near the water with endless possibilities ahead!

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$420 /month
Positive
Cash Flow Estimate:
$140 /month

Interested in this property?

Gannan Stewart

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$600/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 140 Shenandoah Drive | Property Details | No Agent List