Tool, TX 75143
$800,000List Price
$6,908 Est. Mo. Payment
For a given home price of $800,000, the monthly mortgage is computed using a 5% down payment ($40,000) 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! This rare property on Cedar Creek Lake consists of 12 lots that comprise 3+ gorgeous acres of a beautiful lake community (only voluntary HOA) with lots of trees for added seclusion. 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

$6,908

Loan Amount

$760,000

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

  • Disposal
  • Refrigerator
  • Electric Range
  • Dishwasher

Highlights

Interior Features

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

Roof

  • Composition

Sewer

  • Public Sewer

Levels

  • Two

Cooling

  • Electric
  • Ceiling Fan(s)
  • Central Air
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

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

Road Frontage Type

  • All Weather Road

Waterfront Features

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

Patio And Porch Features

  • Covered
  • Balcony
  • Deck
Virtual Tour
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Flooring

  • Tile
  • Wood
Year Built
1976

Foundation Details

  • Slab

Architectural Style

  • Detached

Heating

  • Electric
  • Central
Heating

Utilities

  • Sewer Available
  • Cable Available
  • Electricity Connected
Questions?
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