625 CR 544, EASTLAND, TX 76448

Homes for sale in Eastland.

Homes for sale in 76448.


625 CR 544

Eastland, TX 76448

Active

List Price$500,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21240091

3

Bedrooms

2 full

Bathrooms

1,300

Square Feet

House

Type

About This Property

Are you looking for a strong investment opportunity with real cash-flow potential on Lake Leon in Eastland? This seven-acre waterfront property is already set up and operating with RV hookups, offering immediate income potential. The property features a three-bedroom, two-bath mobile home in solid condition that could shine with a little TLC. What truly sets this property apart is the expansive lake frontage, complete with a private boat ramp--making it ideal for both short-term and long-term rental use. Previously operated as a successful campground and restaurant, the groundwork is already in place for someone to step in and revive or reimagine the business. Buyers should note that the property is a leasehold estate, with approximately 37 years remaining on the current lease, after which ownership reverts to the underlying owner. However, there may be an opportunity to acquire the underlying interest with a strong offer. The annual lease payment is just 300 dollars, paid to the water department.

Property Features

Location Information

County

Eastland

Subdivision

LAKEVIEW ACRES

Interior Features

Rooms

First Floor Bedroom, First Floor Bedroom, First Floor Living Room, First Floor Primary Bedroom

Has Fireplace

No

Interior

Other

Number of Fireplaces

0

Master Bedroom Description

15 x 10

Heating

Central, Electric

Full Baths

2

Cooling

Central Air, Ceiling Fan(s), Electric

Living Room Description

15 x 15

Accessibility

Accessible Approach with Ramp

Exterior Features

Stories

1

Lot Description

Waterfront

Foundation

Pillar/Post/Pier

Lot Size in Acres

7

Roof

Composition

Lot Size in Sq. Ft.

304,920

Utilities

Electricity Connected, Septic Available, Water Available

Waterfront Description

Lake Front, Waterfront

Parking Description

Circular Driveway, Boat, RV Access/Parking

Has Waterfront

Yes

Garage Spaces

0

Is One Story

Yes

Pool Description

None

Lot Description

Waterfront, Lake Front, Waterfront

School

Elementary School District

Eastland ISD

Jr. High School

Eastland

Elementary School

Siebert

High School

Eastland

Additional Information

Property Type

SFR

Has a Home Owners Association

No

Property SubType 2

House

Documents Available

Aerial

Property SubType

Single Family Residence

Lot Acres Source

Estimated

Status

Active

Similar Listings

Mortgage Calculator

$2,333

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,801

Monthly Tax

$416

Monthly Insurance

$116

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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