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$140,000

Lot 47 Lago Vista Drive, East Tawakoni, TX, 75472

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About this property

This is a 1.15-acre lot plus an additional 2-3 (+ or -) SRA acres on the water with several hundred feet of shoreline to park your boat and enjoy the cool refreshing water. With a minimum requirement of 1200 sq ft for a single story and 1800 sq ft for a two-story, you can create the perfect home sweet home. You can build a second dwelling with restrictions. This unique property is also approved for a Barndominium permitted with requirements. RVs allowed to be lived in while home is being built. Water and electric are in front of the property. Aerobic septic required. See transaction desk for associated docs. Buyer will need to purchase new survey. PLEASE REVIEW SALES MAP ON TRANSACTION DESK FOR PLATTED SRA LEASEBACK. LOOK FOR LOT 47. Buyer or Buyer's Agent to verify any and all information within including but not limited to restrictions, exemptions, utilities, and schools. Information deemed reliable but not guaranteed. Security is tight in this neighborhood. Police drive through daily so please do not drive off the road or go onto any other properties. Lot to the South is a common area for the Subdivision and with plans to install a boat ramp.

Investor Tools

$0Estimated Mortgage Balance
$140,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$840 /month
Positive
Cash Flow Estimate:
$280 /month

Interested in this property?

Andria Williams

Exit Realty Pinnacle Group

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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 47 Lago Vista Drive | Property Details | No Agent List