625 CR 544, EASTLAND, TX 76448
Homes for sale in Eastland.
Homes for sale in 76448.
625 CR 544
Eastland, TX 76448
List Price$500,000
Listing #21240091
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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