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$179,990

Lot #40 Lago Vista Drive, East Tawakoni, TX, 75472

On MarketInfo

About this property

RARE LAKE FRONT LOT on Breathtaking Lake Tawakoni in EXCLUSIVE Vintage Shores development, 46 MINS FROM DALLAS. This NEW PRIVATE GATED community boasts members only park and picnic area. Minimum building restrictions to enable the new owners to stack up massive equity in no time. Minimum 1200sf for 1 story, Minimum 1800sf for 2 story homes. 2nd dwelling IS allowed. 150 foot DOCK IS ALLOWED. NO Bardominiums or mobile homes on this lot...you'll be thanking the POA for this when it comes time to sell!! No build time frame required. 1 acre of deeded land with just over 2 acres of exclusive Sabine River Authority leaseback available for $51 a year, 82 feet of private waterfront access with the ability to add a garage to store all your toys. If you think long, you think wrong with this WATERFRONT opportunity on one of the most sought after Lakes for fishing, hunting and recreation in this part of the US.

Investor Tools

$0Estimated Mortgage Balance
$179,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

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

City: East Tawakoni

Lot #40 Lago Vista Drive | Property Details | No Agent List