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$469,000

TBD Lake Drive, Mount Vernon, TX, 75457

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

This is your opportunity!! Sellers have held onto this property for over 20 years and have decided to sell! This exceptional lot presents a rare opportunity to build your dream home in the sought after Snug Harbor lakefront community. Nestled in a serene setting, this property offers the perfect canvas for creating your ideal lakeside retreat. The gently sloping terrain provides excellent water access and the potential for stunning views across the crystal-clear waters. Whether you envision a cozy weekend getaway or a permanent residence, this lot's positioning captures the essence of lakefront living with 132' shoreline. The surrounding area is a haven for outdoor enthusiasts and nature lovers alike. For those evenings when cooking at home isn't on the agenda, a short boat ride to The Cove restaurant serves up delicious meals with live music and entertainment making it convenient to enjoy living on the lake. Lake Cypress Springs is renowned for its exceptional water quality and abundant fishing opportunities. The lake's 3,400 acres of clear water provide endless possibilities for boating, swimming, and water sports. Throughout the year, residents enjoy the changing seasons while maintaining access to year-round outdoor activities. This lot presents an exciting opportunity to design and build a custom home that perfectly suits your lifestyle. The versatile space accommodates various architectural styles and building plans, allowing for the creation of a contemporary lakeside residence or a traditional Texas retreat. The natural surroundings provide inspiration for indoor-outdoor living spaces that maximize the waterfront setting. TAXES: SOURCE COUNTY APPRAISAL DISTRICT

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month

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Texas Ally Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
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: Mount Vernon

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TBD Lake Drive | Property Details | No Agent List