Quite possibly one of the best opportunities available on Lake Cypress Springs! Priced well below county tax appraised value, this waterfront property offers incredible potential on one of the lake’s premier main lake lots. The panoramic views are simply breathtaking! Some multi-million-dollar homes can’t match these views. This 3 bedroom, 2 bath home provides the perfect canvas for buyers looking to remodel, update, and create their dream lake retreat. With a functional floor plan and solid bones, the possibilities here are endless. The living and dining areas flow into a large sunroom filled with windows and natural light, offering flexible space for a second living area, game room, or entertaining space. The split primary suite is generously sized and captures beautiful lake views. One additional bedroom is located on the main level, while the third bedroom is upstairs, providing privacy for guests or family members. Outside is where this property truly shines. Multiple patio areas overlook the water, creating the perfect setting for relaxing or entertaining. The one-stall boathouse with deck offers convenient lake access, and a detached heated and cooled building adds tremendous versatility, ideal for a future guest suite, studio, office, or hobby space. As an added bonus, the sale includes an interior lot located across the street, providing opportunity for those who want to expand the homes square footage. Opportunities like this - with views, location, and upside potential, rarely come available at this price point. Schedule your showing soon, because this one won’t last long.
For sale
Price cut: $20K (5/19)
$629,000
305 S Park Rd, Scroggins, TX 75480
3beds
2,088sqft
Single Family Residence
Built in 1991
0.5 Acres Lot
$602,700 Zestimate®
$301/sqft
$-- HOA
What's special
Waterfront propertyPanoramic viewsFunctional floor plan
- 110 days |
- 509 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Nicole Anderson 903-767-2805,
Anderson Elite Realty
Source: GTARMLS,MLS#: 26002505
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Utility Room, Sunroom, 1 Living Area
Primary bedroom
- Features: Master Bedroom Split
Bedroom
- Features: Walk-In Closet(s)
Bathroom
- Features: Shower/Tub
Dining room
- Features: Formal Living Combo
Heating
- Central/Electric
Cooling
- Central Electric
Appliances
- Included: Range/Oven-Electric, Dishwasher, Electric Water Heater
Features
- Ceiling Fan(s), Vaulted Ceiling(s), Pantry
- Windows: Blinds
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,088
- Total interior livable area: 2,088 sqft
Property
Parking
- Parking features: Detached
- Has garage: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Patio Open
- Pool features: None
- Fencing: None
- On waterfront: Yes
- Waterfront features: Waterfront, Water/Lakefront
- Body of water: Cypress Springs
Lot
- Size: 0.5 Acres
Details
- Additional structures: Storage, Boat House
- Parcel number: 023800000000043000000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1991
Utilities & green energy
- Sewer: Aerobic Septic
Community & HOA
Community
- Subdivision: South Park
HOA
- Has HOA: No
Location
- Region: Scroggins
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $754,410
- Annual tax amount: $9,313
- Date on market: 2/22/2026
- Listing terms: Conventional,Cash
Estimated market value
$602,700
$573,000 - $633,000
$2,256/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Price change | $629,000-3.1%$301/sqft |
Source: | ||
| 3/24/2026 | Price change | $649,000-2.4%$311/sqft |
Source: | ||
| 2/22/2026 | Listed for sale | $665,000$318/sqft |
Source: | ||
| 9/1/2017 | Sold | -- |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $721,670 +20% |
| 2024 | $8,240 +14.5% | $601,390 +20% |
| 2023 | $7,197 | $501,160 +13.9% |
| 2022 | -- | $439,970 +20.8% |
| 2021 | -- | $364,300 +15.8% |
| 2020 | -- | $314,710 +6% |
| 2019 | -- | $296,780 +22.2% |
| 2018 | -- | $242,870 +3% |
| 2017 | -- | $235,740 +11.7% |
| 2015 | -- | $211,000 -3.3% |
| 2014 | -- | $218,290 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: 75480
Nearby schools
GreatSchools rating
- 8/10Mount Vernon Elementary SchoolGrades: PK-4Distance: 8.7 mi
- 6/10Mt Vernon Junior High SchoolGrades: 5-8Distance: 8.8 mi
- 5/10Mt Vernon High SchoolGrades: 9-12Distance: 8.7 mi
Schools provided by the listing agent
- Elementary: Mt Vernon
- Middle: Mt Vernon
- High: Mt Vernon
Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Franklin County
- Scroggins
- 75480
- 305 S Park Rd




