$3,400,000
Pending

5990 Magnolia

Eustace, TX 75148
Type:Purchase
Structure:Land
Zone:Residential

Description

This tract is one of those few opportunities to secure acreage along the shorelines of Cedar Creek Lake. This beautiful 35.81-acre property has an impressive 1,848 feet of natural shoreline. What an investment to simply hold and enjoy with ag exempt property taxes of less than $100 per year until the timing is right for you to develop or build your family lakeside compound! Want to enjoy waterfront weekends meanwhile? There is currently power, water and septic set up with an ultra modern container home that is compact, but everything one needs for a peaceful weekend!
Scattered mature trees abound throughout this property; beautifully framing these elevated waterviews. Countless potential to develop these parcels into luxury waterfront home sites like those across the cove, tiny home community, RV park, acreage homes with marina slips, ample road frontage for storage units, covered boat storage, let's explore the possibilities! SELLER FINANCING AVAILABLE 30% cash down.

  • Property Details
      • Lot DescriptionAcreage, Irregular Lot, Many Trees, Tank/ Pond, Water/Lake View, Waterfront
      • Utility FeaturesCity Water, Electricity Connected, Individual Water Meter, Septic
      • Exterior MaterialsBoat Slip, Dock
      • Property SubtypeImproved Land
      • School DistrictEustace ISD
      • CountyHenderson
      • Property TypePurchase
      • MLS #20690520
      • MLS #20690520
      • Acres35.8100
      • Elementary SchoolEustace
      • Cost3400000
      • SubdivisionNONE

Location

The Tracy Wilson GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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