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$450,000

Lot 16 N PR 52416, Leesburg, TX, 75451

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

1.5 ACRE WATERFRONT LOT LAKE BOB SANDLIN - GATED PARADISE SHORES If lake life has been calling your name, this property is your chance to answer. A premier waterfront lot on Lake Bob Sandlin, it boasts 199 feet of pristine shoreline that gracefully wraps around the property, offering breathtaking main lake water views from every angle and a sense of unmatched privacy, this location boasts the most STUNNING views! Nestled into the sought-after Paradise Shores, this secluded gated community features excellent roads, underground utilities, and an impressive collection of elegant custom homes. Spanning over an acre, the lot is beautifully shaded by a mix of hardwood trees and elevated views that create the perfect backdrop for your lake retreat or forever home. Along with the privacy of a secured gated subdivision entrance, owners enjoy access to a members-only boat ramp and boathouse, with a dedicated boat slip available to be added to the POA membership. Lake Bob Sandlin is celebrated for its world-class fishing, sparkling waters, and scenic beauty, with the State Park just a short boat ride away. Just over the dam lies the renowned Lake Cypress Springs, making this one of the most enviable locations in East Texas. Though private and secluded, the property is surrounded by charming towns—Mt. Pleasant, Mt. Vernon, Winnsboro, and Pittsburg—offering the perfect balance of relaxation and recreation. Whether you’re watching deer wander through the trees, savoring sunrise over the water, or winding down with a sunset glimmering across the lake, this lot delivers the lifestyle so many dream of. Opportunities like this—especially with such extensive shoreline—are few and far between. Schedule your personal tour today and discover why Paradise Shores is truly one of the best kept secrets in East Texas.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /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: Leesburg

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Lot 16 N PR 52416 | Property Details | No Agent List