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$6,750,000

385 Lakeview Dr, Denison, TX, 75020

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths5 Bath
Baths5,299 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,273.83 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 5Bathrooms 5
Garage AvailableGarage Available
AppliancesSome Gas Appliances, Built In Gas Range, Built In Coffee Maker, Built In Refrigerator, Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Plumbed For Gas, Refrigerator, Water Softener, Tankless Water Heater, Warming Drawer, Water Purifier, Washer, Wine Cooler

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Deck, Fire Pit, Gas Grill, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Private Entrance, Private Yard, Rain Gutters
Lot Size3.81 acres

Building Information

Year Built2018
Garage Spaces4

Land Information

APN024A6564030
Lot Number24
SubdivisionThompson Heights Rplt Lts 7-25
Land UseResidential
Legal DescriptionTHOMPSON HEIGHTS RPLT LTS 7-25, LOT 24, ACRES 3.809
Census Tract000302
Assessed Land Value$954,440
Assessed Improvement Value$1,479,860
Assessment Year2025

About this property

Welcome to one of Lake Texoma's most extraordinary private waterfront estates. Nestled on manicured acres with breathtaking panoramic lake views, this remarkable property offers luxury living spread across two architecturally stunning structures. The main residence includes 5299 sf and features soaring ceilings, beautiful architectural details, and a dramatic stone fireplace anchoring the open-concept living space. At the heart of the home is a chef's kitchen designed for effortless entertaining, showcasing a massive island, Wolf and Sub-Zero appliances and an oversized walk-in pantry. The luxurious primary suite is a private retreat with stunning lake views and a spa-inspired bath. Additional spaces include two guest bedrooms, a media room, library, bar, three full baths, and two half baths. Floor-to-ceiling sliding glass doors blur the line between indoor and outdoor living, opening to spectacular entertaining spaces. A negative-edge swimming pool visually merges with the lake beyond, while motorized screens transform the covered patio and outdoor kitchen into additional living areas, including one fully air-conditioned space. The separate wellness retreat with 2325 sf offers a fully equipped gymnasium, cold plunge, infrared sauna, steam shower, and two guest suites with private ensuite baths. Just outside, enjoy a 60-foot lap pool and whirlpool spa. Gas lanterns illuminate the grounds, leading to two wood-burning fireplaces and a lakeside fire pit perfect for gathering with family and friends. The property includes a four-car garage at the spa building and a three-car garage at the main house. Situated behind a gated entrance on 3.8 acres, with an additional 2.25-acre park included directly across the street, this one-of-a-kind Lake Texoma estate offers an unmatched combination of luxury, wellness, privacy, and lakefront living.

Investor Tools

$1,224,254Estimated Mortgage Balance
$1,195,347Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$40,500 /month
Positive
Cash Flow Estimate:
$13,500 /month

Interested in this property?

Mike Power

Texas Elite Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,921/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34,949
$2,419,601
2025
$954,440
$1,479,860
$2,434,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$34,949
$2,419,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Np Inc
Conventional
$1,300,000
No
First
Aug 11, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,224,254
$1,195,347
49%
51%
$7,795/mo

City: Denison

385 Lakeview Dr | Property Details | No Agent List