Tool, TX 75143
Price Drop:
$50,000
$750,000List Price
$6,476 Est. Mo. Payment
For a given home price of $750,000, the monthly mortgage is computed using a 5% down payment ($37,500) and a 7.5% annual interest rate, spread over 360 payments.
5
5
3
4,100ft2

Status

Available

Description

Search address on YouTube for walk-through video. Short Term Rental bringing in almost $100,000 a year on Cedar Creek Lake! The largest property in the highly sought out Arnold Hills Subdivision is now for sale! 12 LOTS (52-63) on a little over 3 acres with access to Cedar Creek Lake with a voluntary HOA. You could easily build 2 other cash flowing STRs on this property. Large, FULLY remodeled is perfect for a family retreat or a vacation home - sleeping 15. Furnishings are negotiable to make investment turnkey. Beautiful engineered hardwoods, modern finishes, custom furniture, ample entertainment space, and an open floor plan are perfect for getting away. Amazing lake views from the back balconies, oversized 3 car garage workshop with electric, and a dock. The canal needs some dirt work to utilize the dock. Check out the transaction desk for a list of updates. Any investor wanting an almost 8 percent CAP rate and lake getaway, this is your best bet!

MLS Listing ID

20768073

Listed By

Evan Downey
888-519-7431
EXP REALTY

Map

High School
Mabank
Elementary School
Southside
High School District
Mabank ISD
This expanded setting will include additional fields to closer define your loan needs and payment amount.
$
$
%

Estimated Monthly Payment

$6,476

Loan Amount

$712,500

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. First Choice Lending Group can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
4
Bathrooms Half
1

Kitchen

Appliances

  • Refrigerator
  • Electric Range
  • Disposal
  • Dishwasher

Highlights

Interior Features

  • Granite Counters
  • Vaulted Ceiling(s)
  • High Speed Internet
  • Eat-in Kitchen
  • Built-in Features
  • Kitchen Island
  • Open Floorplan
  • Double Vanity
  • Cable TV
  • Wired for Sound
  • Decorative/Designer Lighting Fixtures

Roof

  • Composition

Sewer

  • Public Sewer

Levels

  • Two

Cooling

  • Central Air
  • Ceiling Fan(s)
  • Electric
Lot Size Acres
3.139
Parcel Number
20300007053054

Pool Features

  • None
Property Type
Residential
Waterfront
Covered Spaces
3

Parking Features

  • RV Access/Parking
  • Boat
  • Garage
Property Sub Type
Single Family Residence

Exterior Features

  • Storage
  • Outdoor Grill
  • Deck
  • Fire Pit
  • Balcony
  • Dock

Road Frontage Type

  • All Weather Road

Waterfront Features

  • Canal Access
  • Lake Front
  • Boat Dock/Slip
  • Waterfront

Patio And Porch Features

  • Covered
  • Deck
  • Balcony
Virtual Tour
Validating link...

Flooring

  • Tile
  • Wood
Year Built
1976

Foundation Details

  • Slab

Architectural Style

  • Detached

Heating

  • Electric
  • Central
Heating

Utilities

  • Electricity Connected
  • Sewer Available
  • Cable Available