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$640,000

7161 County Road 3223, Lone Oak, TX, 75453

$832,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,960 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$326.53 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range

Building Information

Year Built1996
Stories1

Land Information

APN0015-0070-000A-50
SubdivisionAdams Peter
Land UseResidential
Legal DescriptionA0015 ADAMS PETER,TRACT 7-A,SN1 PH0512320A;SN2 PH0512320B;HUD# PFS0386366;HUD#2 PFS086367
Census Tract960700
Assessed Improvement Value$115,270
Assessment Year2025

About this property

This 44-acre property offers the kind of land that is increasingly difficult to find, with approximately 50% open pasture and 50% heavily wooded acreage and direct access to a beautiful 35-acre conservation lake. The lake is shared by only four property owners, providing a rare opportunity to enjoy a large private lake without the crowds and traffic found on many public lakes. The lake is well known for its largemouth bass, making it an appealing setting for fishing and enjoying the outdoors. The land itself is the star of the show. The combination of open acreage, mature woods, wildlife habitat, and lake access creates a property with plenty of possibilities for recreation, livestock, hunting, or simply enjoying the land. Whether you want to spend your days fishing, exploring the woods, working on a small farm, or sitting near the water, this property gives you room to make it your own. The property includes a 1,960-square-foot mobile home that needs some work but provides a solid starting point and could be updated and finished to suit your needs. There is also an older barn with four stalls, along with a shop featuring a concrete floor and electricity. A partially finished cabin adds another opportunity, with much of what is needed already in place to complete it as a guest house, additional living space, or private retreat. Located in Lone Oak ISD, the property also offers the added benefit of being in a desirable school district while still providing the privacy and acreage that make country living appealing. With 44 acres, a 35-acre conservation lake shared by only four owners, wooded and open land, existing improvements, and endless potential, this is a property where the land and lake truly take center stage.

Investor Tools

$0Estimated Mortgage Balance
$302,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$832,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,840 /month
Positive
Cash Flow Estimate:
$1,280 /month

Interested in this property?

Genevieve Golden

Golden Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$151/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$303
$76,470
2025
N/A
$115,270
$115,270
Yes (2016)

Tax History

Year
Tax Paid
Assessed Value
2025
$303
$76,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$302,000
100%
0%
$0/mo

City: Lone Oak

7161 County Road 3223 | Property Details | No Agent List