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$895,000

308 Causeway Cv, Seven Points, TX, 75143

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,871 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$478.35 / sqft

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher

Exterior

Private PoolPrivate Pool
Lot Size9,792 sqft

Land Information

APN2316-0000-0650-59
Lot Number65
SubdivisionCauseway Cove #2 (80)
Land UseResidential
Legal DescriptionLT 65 AB 253 J M GARDNER SUR, CAUSEWAY COVE SUBD #2, LT 65
Census Tract950801
Assessed Land Value$15,000
Assessed Improvement Value$30,236
Assessment Year2025

About this property

Rare 7-lot open water lakefront assemblage on Cedar Creek Lake, including a peninsula, on the Causeway Cove side with 320+ FT of platted waterfront. The livable 2 bed 2 bath, 1,871 sq ft home currently on the property has amazing open water views. You can easily walk in and view the water from almost every angle inside the home with stunning sunrises each morning from your back porch. Developers can bring their own vision, see excellent potential in the large lots or replatting into two parcels and building a substantial home on each, with windows and the lake as the scenery, fine finishes, and a simple, confident design. Retail, hotel, entertainment, and dining projects in progress and on deck are bringing new demand to the area, positioning Cedar Creek Lake as a prime lakefront destination with room for appreciation.

Investor Tools

$0Estimated Mortgage Balance
$424,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$701
$42,970
2025
$15,000
$30,236
$45,236
No

Tax History

Year
Tax Paid
Assessed Value
2025
$701
$42,970

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$424,000
100%
0%
$0/mo

City: Seven Points

308 Causeway Cv | Property Details | No Agent List