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For sale
  • Price cut: $10K (6/20)
    $120,000

    115 Lake Terrace, Lake City, TX 78368

    2beds
    768sqft
    : 
    $1,046/mo
    Get pre-qualified
    Single Family Residence
    Built in 1961
    9,147 Square Feet Lot
    $-- Zestimate®
    $156/sqft
    $-- HOA

    What's special

    Spacious outdoor livingDirect boat accessBeautiful deck spaceMature tree canopyUnique artistic touchesAuthentic lakefront character
    Welcome to Lake" - Your Charming Lakefront Retreat at 115 Lake Terrace Escape to your own private lakefront sanctuary where rustic charm meets waterfront living! This delightful 2-bedroom, 1-bathroom home offers the perfect blend of cozy comfort and outdoor adventure, complete with direct boat access to make every day feel like a vacation. Key Features: * Authentic Lakefront Character - Charming home with genuine lake house appeal * 2 Comfortable Bedrooms & 1 Full Bathroom - Perfect for getaways or full-time living * Direct Boat Access - Launch your adventures right from your backyard * Spacious Outdoor Living - Beautiful deck space ideal for morning coffee and sunset relaxation * Mature Tree Canopy - Natural shade and privacy from established trees * Storage Solutions - Garage and outbuilding for all your lake toys and equipment * Unique Artistic Touches - Distinctive decorative elements add personality and charm Outdoor Paradise: The expansive deck showcases beautiful carved accents and provides the perfect space for entertaining, fishing, or simply soaking in the peaceful lake atmosphere. Mature trees offer natural privacy while the open yard provides plenty of space for outdoor activities. Lake Lifestyle Benefits: This isn't just a house - it's your gateway to the lake lifestyle! Whether you're seeking a weekend retreat, investment property, or year-round residence, this property offers endless possibilities for relaxation and recreation. Perfect For: Weekend lake retreats Full-time lakefront living Investment/rental property Boating enthusiasts Anyone seeking peaceful waterfront living Ready to start living the lake life? This unique property won't last long - schedule your private showing today!
    189 days
    |
    115
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Olivia Seifert TREC #738557 Olivia@luxtxrealty.com,

    Jason Mitchell Real Estate Tex

    Source: LERA MLS,MLS#: 1938204MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Area: 72
      • Dimensions: 9 x 8
      Bedroom 2
      • Area: 56
      • Dimensions: 8 x 7
      Family room
      • Area: 99
      • Dimensions: 11 x 9
      Kitchen
      • Area: 42
      • Dimensions: 7 x 6
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Features
      • One Living Area, Master Downstairs, Ceiling Fan(s)
      • Flooring: Carpet
      • Has fireplace: No
      • Fireplace features: Not Applicable
      Interior area
      • Total interior livable area: 768 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: One Car Garage, Detached, Attached, Pad Only (Off Street), RV/Boat Parking
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Dock
      • Pool features: None
      • On waterfront: Yes
      • Waterfront features: Lake Front, Water Front Unimproved
      Lot
      • Size: 9,147 Square Feet
      • Features: Cul-De-Sac
      • Residential vegetation: Mature Trees
      Details
      • Parcel number: 067100020014000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Siding, Vinyl Siding
      • Roof: Composition
      Condition
      • Pre-Owned
      • New construction: No
      • Year built: 1961

      Community & HOA

      Community
      • Features: Lake/River Park
      • Subdivision: Lake Terrace Estates
      Location
      • Region: Lake City

      Financial & listing details

      • Price per square foot: $156/sqft
      • Tax assessed value: $210,114
      • Annual tax amount: $1,801
      • Price range: $120K - $120K
      • Date on market: 2/2/2026
      • Cumulative days on market: 221 days
      • Listing terms: Conventional,FHA,Cash,Investors OK

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,238/mo

        Price history

        DateEventPrice
        6/20/2026Price change$120,000-7.7%$156/sqft
        Source: LERA MLS #1938204 Report a problem
        5/13/2026Listing removed$800$1/sqft
        Source: Zillow Rentals Report a problem
        4/2/2026Listed for rent$800$1/sqft
        Source: Zillow Rentals Report a problem
        3/17/2026Price change$130,000-13.3%$169/sqft
        Source: LERA MLS #1938204 Report a problem
        2/2/2026Price change$150,000+15.4%$195/sqft
        Source: LERA MLS #1938204 Report a problem
        3/3/2025Listed for sale$130,000$169/sqft
        Source: United Country #42281-43897 Report a problem
        1/24/2025Pending sale$130,000$169/sqft
        Source: South Texas MLS #443897 Report a problem
        1/15/2025Contingent$130,000$169/sqft
        Source: South Texas MLS #443897 Report a problem
        10/21/2024Price change$130,000-13.3%$169/sqft
        Source: South Texas MLS #443897 Report a problem
        7/19/2024Price change$150,000-14.3%$195/sqft
        Source: South Texas MLS #443897 Report a problem
        7/2/2024Listed for sale$175,000-7.4%$228/sqft
        Source: South Texas MLS #443897 Report a problem
        7/1/2022Listing removed--
        Source: South Texas MLS #398760 Report a problem
        6/11/2022Pending sale$189,000$246/sqft
        Source: South Texas MLS #398760 Report a problem
        6/6/2022Contingent$189,000$246/sqft
        Source: South Texas MLS #398760 Report a problem
        5/9/2022Listed for sale$189,000$246/sqft
        Source: South Texas MLS #398760 Report a problem
        10/21/1996Sold--
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$211 +9.2%$210,114 +62.7%
        2024$193 +14.7%$129,123 -16.9%
        2023$168 -70.9%$155,473 +36.5%
        2022$579 +5.8%$113,926 +10%
        2021$547 +10.3%$103,569 +10%
        2020$496 -2.6%$94,154
        2019$509 -9.6%$94,154 -7.5%
        2017$563 +12.9%$101,814 +6.4%
        2016$499 +1.2%$95,689 -0.6%
        2015$493 $96,281 +7.1%
        2013$493 $89,905 +7.1%
        2012-- $83,947 +1.8%
        2011-- $82,427 +2.4%
        2010-- $80,475 +10%
        2009-- $73,159 +1%
        2008-- $72,411 +10%
        2007-- $65,828
        2006-- --
        2005-- --
        2004$925 +4.7%--
        2003$884 +5.3%--
        2002$839 +2%--
        2001$822 +3.4%--
        2000$795 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78368

        Getting around

        0 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mathis
        • Middle: Mathis
        • High: Mathis
        • District: Mathis

        Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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