Welcome to Cabins by the Lake! With a new significantly reduced price that reflects the repairs needed, this investment opportunity is priced to sell. Sellers are highly motivated and ready to make a deal — bring your offers! This rare income-producing retreat near Lake O’ the Pines sits on 3.84 acres and offers exceptional flexibility for investors or families seeking a private escape. The main home features 2 bedrooms and 2 baths, blending rustic charm with modern comfort. Surrounding the home are six 1-bedroom, 1-bath cabins, two of which have been recently updated with new flooring, paint, and modern finishes. All cabins are currently leased long-term, providing immediate cash flow, while also offering strong potential for short-term rentals or Airbnb. With ample room to expand, the property could accommodate additional cabins, RV hookups, or outdoor recreational amenities to further increase income. Additional features include three storage buildings and an existing RV hookup. Whether you’re envisioning a family compound, lakeside getaway, or a multi-stream investment property, this opportunity delivers versatility and value. Sellers are highly motivated and have priced this property to move. Located just minutes from Lake O’ the Pines — schedule your private showing today and explore the possibilities at Cabins by the Lake.
For sale
$389,000
8880 Fm 729, Avinger, TX 75630
--beds
--baths
--sqft
Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 363 days
- 81
- 7
Zillow last checked:
Listing updated:
Listed by:
Bailey S Murrell 903-736-3315,
TX Farms & Ranches/Park Village
Source: LGVBOARD,MLS#: 20257094
Facts & features
Interior
Heating
- Other
Cooling
- Window Unit(s)
Appliances
- Included: Electric Range/Oven, Microwave, Electric Water Heater, Separate Heater
- Laundry: Laundry Room
Features
- Pantry, Ceiling Fan(s)
- Has fireplace: No
- Fireplace features: None
Property
Parking
- Parking features: Carport, Detached, Circular Driveway
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Deck
Lot
- Features: Landscaped
Details
- Additional structures: Storage, Workshop
- Parcel number: 7206/7222
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Metal,Gable
Condition
- Year built: 1980
Utilities & green energy
- Electric: COOP Electric, Separate Meter
- Sewer: Septic Tank
Community & HOA
Location
- Region: Avinger
Financial & listing details
- Annual tax amount: $4,418
- Price range: $389K - $389K
- Date on market: 10/16/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,022/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $389,000-8.5% |
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| 4/14/2026 | Price change | $425,000-7.4% |
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| 3/26/2026 | Price change | $459,000-8% |
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| 1/15/2026 | Price change | $499,000-7.6% |
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| 11/6/2025 | Price change | $539,900-1.8% |
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| 9/23/2025 | Listed for sale | $550,000+41.1% |
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| 8/29/2025 | Listing removed | $389,900 |
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| 4/1/2025 | Listed for sale | $389,900-2.5% |
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| 3/30/2025 | Listing removed | $650 |
Source: Zillow Rentals Report a problem | ||
| 3/22/2025 | Listed for rent | $650 |
Source: Zillow Rentals Report a problem | ||
| 1/23/2025 | Listing removed | $650 |
Source: Zillow Rentals Report a problem | ||
| 12/28/2024 | Listed for rent | $650 |
Source: Zillow Rentals Report a problem | ||
| 12/15/2024 | Listing removed | $650 |
Source: Zillow Rentals Report a problem | ||
| 12/5/2024 | Listed for rent | $650 |
Source: Zillow Rentals Report a problem | ||
| 11/23/2024 | Listing removed | $650 |
Source: Zillow Rentals Report a problem | ||
| 11/11/2024 | Listed for rent | $650 |
Source: Zillow Rentals Report a problem | ||
| 9/24/2024 | Listing removed | $399,900-2.4% |
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| 8/7/2024 | Listed for sale | $409,900-2.4% |
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| 7/26/2024 | Listing removed | -- |
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| 6/19/2024 | Price change | $419,900-2.3% |
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| 5/17/2024 | Price change | $429,900-2.3% |
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| 4/11/2024 | Listed for sale | $439,900-7.4% |
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| 10/18/2023 | Listing removed | -- |
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| 8/28/2023 | Listed for sale | $475,000 |
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| 7/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






