Waterfront Ranch Venue with INCOME on famous Lake Fork in East Texas 75410.
** Zestimate: $1,607,900
Private Road in Alba, TX
15 bd, 7 ba, 8,000 sqft (totals are for several structures (3) on the property) Plus, three rental cabins (rented at $1100 month each). They were used prior as vacay rentals.
Contact us to schedule your appointment. Please provide proof of funds or pre-approved mortgage lender as is standard with all 1M+ properties. Thank you ~
Waterfront Ranch Venue with INCOME ~
Lodging, rentals, owners retreat, Bunk Barn, Boat house, boat ramp, shops, loafing sheds and Income $$$. Rent the property, live here or both !
Perfect size to develop, live and rent or use exclusively as a vacay property. There is a water well on property so no water bills. We use city electric however this ranch is a perfect candidate for solar. All structures have metal roofs, low maintenance. The ranch is fenced and gated. We have raised APHA paints here and the AG is still in place on the pastures. Perfect for a horse facility with rental income. Super flexible property with numerous sources of income.
NOW SHOWING: Contact us to arrange a showing appointment. Must be pre-qualified or able to prove the ability to fund. All financial institutions will provide such letter to their qualified clients.
This property can pay for itself. Proven rental income for 18+ years . Nothing like it on Lake Fork. Close to DFW and Canton Texas. We sit between I-20 and I-30 here in E.TX 75410. We offer several purchase options:
OPT 1: Purchase all waterfront buildings, acreage, venues, apx 2.85 deeded acres (apx 5 acres with SRA leaseback) for $1,220,000
OPT 2: Purchase AG land on back of ranch apx 9 acres $195,000 .
OPT 3: Purchase all at 12.56 deeded acres at $1,390,000
The listed offerings are priced considered direct from seller to buyer.
Note: the owner is scheduling showings now. The prior contract failed funding thus this re-listing. Owner might assist in SOME financing of this property to qualified buyer(s). OWNER will not finance the entire property.
What the owner loves about this home
Best view of the lake on a quiet cove. Plus INCOME - $$$ with full time renters, vacay and venue rentals, Owners lodge, Bunk Barn and AG land make this the best of all properties. Live and rent here or rent them all. Close to DFW on famous Lake Fork in east Texas (75410). Plus, numerous sources of additional revenue. Proven money maker 15+ years. Live here and rent the other buildings, or use as a vacay rental and rent all out at ($1595 per night) for the waterfront structures. The three back cabins can earn $3300 month separate of the fore mentioned.
* Add apx 9 acres on back of ranch for $200,000 (under AG, fenced)
595 days
|
446
|
16
|
Listed by:
Property Owner(972) 386-5555
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 21
Bathrooms: 9
Full bathrooms: 7
1/2 bathrooms: 2
Heating
Electric
Cooling
Central
Appliances
Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.