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$925,000

3591 County Road 427, Tyler, TX, 75704

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,170 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.82 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
AppliancesDouble Oven, Dishwasher, Gas Cooktop, Disposal, Refrigerator
FlooringTile, Wood

Exterior

Lot Size2.79 acres

Building Information

Year Built1972
Roof Type105

Land Information

APN1-17330-0000-00-007000
Lot Number7
SubdivisionCountry Club Lake Park
Land UseResidential
Legal DescriptionCOUNTRY CLUB LAKE PARK LOT 7
Census Tract001608
Assessed Land Value$69,810
Assessed Improvement Value$461,228
Assessment Year2026

About this property

Discover exceptional waterfront living in the sought-after gated community of Lake Park Country Club, where breathtaking sunsets, boating, and fishing are part of everyday life. Situated on 2.7 acres behind a private gate, this remarkable property offers a peaceful, park-like setting along a private lake, just minutes from downtown Tyler, shopping, and everyday conveniences. The 3,128-square-foot main residence features beautifully designed living spaces with expansive windows showcasing panoramic lake views. The main level offers a spacious primary suite with private bath, an additional guest bedroom, and a separate room ideal for a home gym or hobby space. Upstairs, two additional bedrooms share an adjoining bathroom. Enjoy direct lake access from your private dock and boathouse, complete with two boat slips, a powered boat lift in one slip, and a storage room. A separate 988-square-foot, two-bedroom guest house provides a complete second residence with a full kitchen, bathroom, and dedicated storage-laundry room equipped with a stacked washer and dryer. Both homes received new roofs in August 2024 with transferable 10-year warranties. Additional improvements include an automatic backup generator serving both residences, a whole-house water purification system with UV light, and an HVAC UV light air purification system. Offering privacy, waterfront recreation, and exceptional versatility, this one-of-a-kind property is a rare opportunity to enjoy lake living with the convenience of Tyler just minutes away!

Investor Tools

$481,230Estimated Mortgage Balance
$343,770Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

Interested in this property?

James McCain

RE/MAX Tyler

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$840/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,956
$531,038
2026
$69,810
$461,228
$531,038
No

Tax History

Year
Tax Paid
Assessed Value
2026
$5,956
$531,038

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Mortgage Llc
Conventional
$525,000
No
First
May 11, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$481,230
$343,770
41%
58%
$3,148/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
$3,948/mo
$-2,938/mo
1.5%

City: Tyler

3591 County Road 427 | Property Details | No Agent List