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$575,000

249 Triple S Dr, Mt Vernon, TX, 75457

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$570.44 / sqft
Year BuiltBuilt in 1982

About this property

COZY WATERFRONT CABIN ON BEAUTIFUL LAKE CYPRESS SPRINGS! Enjoy the relaxed lake lifestyle in this charming two-story waterfront cabin situated on approximately 0.658 acres along beautiful Lake Cypress Springs. Offering approximately 1,008 square feet, this cozy retreat features 2 bedrooms and 1½ baths, with a comfortable layout perfect for weekend getaways or enjoying lake life year-round. Surrounded by mature trees, the property offers a peaceful, natural setting and beautiful morning sunrises over the lake. Step outside and enjoy your own waterfront setting, including a pier for fishing, boating, and soaking up the scenery. A retaining wall was added in 2024, providing a recent improvement to the waterfront. The home features a metal roof installed in 2012 and includes a detached two-car garage with shop area, providing excellent space for vehicles, lake toys, tools, or hobbies. With its appealing combination of waterfront, acreage, mature trees, sunrise views, pier, garage/workshop, and cozy cabin atmosphere, this property is a wonderful opportunity to own a piece of Lake Cypress Springs and enjoy the best of East Texas lake living.

Investor Tools

$0Estimated Mortgage Balance
$484,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Pamela Swanner

Coldwell Banker Lakehaven, REA

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

City: Mt Vernon

249 Triple S Dr | Property Details | No Agent List