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$150,000

6120 Payne Road, Log Cabin, TX, 75148

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.39 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringLuxury Vinyl Plank

About this property

Small footprint, big personality! This thoughtfully designed one bedroom, one bath home sits among the trees on nearly a quarter acre in Log Cabin, just minutes from Cedar Creek Lake. Originally built as a model home the 792 square foot layout makes smart use of every inch and comes with the practical extras that make moving in easier, including the refrigerator, washer, dryer, window blinds, irrigation system and an security system. High ceilings and and lots of windows create an open and airy feeling that fill the space with natural light, while the blinds offer privacy whenever you want it. The kitchen includes granite counters, a full size pantry and bonus space for a desk, buffet or additional cabinetry. An electric fireplace adds a cozy focal point and the loft creates flexible space for a reading nook, home office, hobbies or an occasional guest. Outside, the large front porch with its pergola style covering feels made for slow mornings and quiet evenings beneath the trees. A 15 x 11 foot storage building provides valuable space for tools, lake gear and everyday extras. With city water, city sewer, no HOA and Log Cabin City Park nearby for boating, camping, swimming and fishing, this home offers an affordable, easygoing way to enjoy the Cedar Creek Lake area.

Investor Tools

$0Estimated Mortgage Balance
$150,000Estimated 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
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

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

City: Log Cabin

6120 Payne Road | Property Details | No Agent List