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$1,300,000

229 CR 2135, Pittsburg, TX, 75686

PendingInfo
Beds4 Beds
Baths3 Bath
Baths6,511 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.66 / sqft
Year BuiltBuilt in 1981

About this property

Exceptional waterfront estate on Lake Bob Sandlin situated on approx. 5.6 acres with prime point lot location. Main residence (built 1981) offers approx. 6,511 SF with dual living areas featuring fireplaces, large entertaining room with central serving bar, vaulted ceiling, and split primary suite with walk-in closets. Additional features include 2-car garage, screened porch, and circular drive. Guest quarters (built 1998, approx. 936 SF) located at water’s edge with full kitchen, private bedroom, and bath. Boathouse (built 1998, approx. 3,600 SF) with multiple slips and private boat ramp. Detached shop/garage (built 2007) with 3 overhead bay doors. Property includes gated entrance and iron perimeter fencing on land side. Ideal for private lakefront living and entertaining.

Investor Tools

$0Estimated Mortgage Balance
$1,300,000Estimated 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
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

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Financing Details

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

City: Pittsburg