Seven-acre waterfront propertyExpansive lake frontagePrivate boat ramp
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.
3 hours
|
9
|
1
|
Zillow last checked:
Listing updated:
Listed by:
Cody Mills0721138817-573-3174,
Home Grown Group Realty, LLC817-573-3174
Source: NTREIS,MLS#: 21355562
Facts & features
Interior
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Property
Parking
Parking features: Boat, RV Access/Parking
Features
On waterfront: Yes
Waterfront features: Lake Front, Waterfront
Lot
Size: 7 Acres
Features: Waterfront
Details
Parcel number: 9423
Zoning description: Unzoned
Utilities & green energy
Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Connected, Septic Available, Water Available
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.