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$65,000

Lot 411 Sailboat Drive, Corsicana, TX, 75109

On MarketInfo

About this property

Nestled on a peaceful canal at Richland Chambers Lake, one of the largest lakes in Texas, this half-acre lot offers the perfect setting for your dream home. Located in The Shores, one of the most sought-after communities on the lake, you’ll enjoy a blend of natural beauty and top-notch amenities. The lot’s terrain and mature trees create a tranquil backdrop where you can wake up each morning to the gentle sounds of the water. The Shores community enhances your lake lifestyle with a sparkling pool, clubhouse, fitness center, private stocked fishing pond, and a convenient boat ramp for easy lake access. Whether you're into fishing, boating, or simply soaking up the views, this is the place to be. Richland Chambers Lake, with its 41,356 acres of open water, is perfect for both serious anglers and pleasure boaters. All of this is just over an hour from downtown Dallas, making it an ideal summer escape or year-round retreat. There is no time limit to build so buy now and build later! Don’t wait—your lake life begins here at Lot 411 on Sailboat Drive!

Investor Tools

$0Estimated Mortgage Balance
$65,000Estimated 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
$390 /month
Positive
Cash Flow Estimate:
$130 /month

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Leslie Melton

eXp Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$1,000/month
5.947%

City: Corsicana