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$1,150,000

12970 Fm 2661, Flint, TX, 75762

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,014 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$571 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Cooktop

Exterior

Lot Size2.38 acres

Building Information

Roof Type112
Garage Spaces2

Land Information

APN1-00000-0018-36-020010
SubdivisionA 18 T Quevado
Land UseSingle Family Dwelling, Platted Lot
Legal DescriptionABST A0018 T QUEVADOTRACT 20A (PT 22.226AC/ SEE TR 20A.1) S036
Census Tract001602
Assessed Land Value$25,923
Assessed Improvement Value$355,114
Assessment Year2026

About this property

A one-of-a-kind waterfront offering on Lake Palestine! Located just outside Tyler, this 20± acre retreat features a private peninsula setting, elevated lake views, beautiful sunsets, and approximately 1,200 feet of shoreline below the main residence, with additional lake frontage extending toward FM 2661. Tucked away at the end of a private road, the property offers exceptional privacy and recreational opportunities. The custom-built 3-bedroom, 3-bathroom barndominium features unique finishes, an oversized kitchen island, wood-burning stove, and primary suite with a freestanding tub and oversized shower. A spacious patio with an outdoor cooking area overlooks the lake. Separate waterfront guest quarters include 2 bedrooms, 1 bathroom, a kitchen, living area, and large lakeside patio. Additional improvements include a fully climate-controlled 30' x 40' shop with an office, bathroom with shower, garage door access, and linear floor drain. Approximately 10± acres are high fenced, offering additional recreational versatility. Enjoy fishing, duck hunting, and canoeing directly from the property, complete with a dock and small boat ramp. Conveniently located near Chandler, approximately 10 to 15 minutes from I-20 and two hours from DFW. A rare opportunity to own a private waterfront retreat with extensive shoreline, multiple living accommodations, and outstanding recreational appeal.

Investor Tools

$0Estimated Mortgage Balance
$411,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

Interested in this property?

Keely Rawson

Texas Hunting Land. LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,908
$381,037
2026
$25,923
$355,114
$381,037
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,908
$381,037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$411,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,760/mo
N/A
+$1,760/mo
5.1%

City: Flint

12970 Fm 2661 | Property Details | No Agent List