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For sale by owner
  • Price cut: $51K (3/6)
    $1,399,000

    211 Private Road 5552, Alba, TX 75410

    21beds
    8,000sqft
    : 
    MultiFamily
    Built in 2020
    -- sqft lot
    $1,504,300 Zestimate®
    $175/sqft
    $-- HOA

    What's special

    Bunk barnWaterfront buildingsBoat rampWater well on propertyLoafing shedsBoat houseWaterfront ranch venue
    Waterfront Ranch venue in Texas. Close to DFW. Income, rentals with land to expand operations on famous Lake Fork in East Texas 75410. 2.13.25: Zillow estimate just in: Zestimate: $1,777,800 Waterfront Ranch Venue with INCOME ~ Lodging, rentals, owners retreat, Bunk Barn, Boat house, boat ramp, shops, loafing sheds and Income $$$. Rent the property, live here or both ! Perfect size at 12.56 deeded acres (apx 7.5 acres open to develop as in AG now taxes $5 yr). Water well on property so no water bills. City electric however this ranch is a perfect candidate for solar. All structures have metal roofs, low maintenance. The ranch is fenced and gated. We have raised APHA paints here and the AG is still in place on the pastures. Perfect for a horse facility with rental income. Super flexible property with numerous sources of income. NOW SHOWING: Contact us to arrange a showing appointment. Must be pre-qualified or able to prove the ability to fund. All financial institutions will provide such letter to their qualified clients. This property can pay for itself. Proven rental income for 15+ years . Nothing like it on Lake Fork. Close to DFW and Canton Texas. We sit between I-20 and I-30 here in E.TX 75410. We offer several purchase options: OPT 1: Purchase all buildings, acreage, venues $1,399,000 OPT 2: Purchase AG land on back of ranch apx 7 acres $235,000 OPT 3: Purchase 3 rented cabins (3k monthly rental income and raw AG land to expand or use as a horse facility (apx 8 acres) $375,000 OPT 4: Purchase the waterfront buildings (apx 2.857 acres) leaving the back for the owner. Offered at: $1,279,000.
    What the owner loves about this home
    Best view of the lake on a quiet cove. INCOME - $$$ 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. Flexible purchase options are available.
    152 days
    on Zillow
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    612
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    36
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    Listed by:

    (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.
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 8
    • Full bathrooms: 7
    • 3/4 bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 8,000 sqft

    Property

    Parking
    • Parking features: Carport, Off-street
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 13 Acres
    Details
    • Parcel number: 71534

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2020

    Community & HOA

    Location
    • Region: Alba

    Financial & listing details

    • Price per square foot: $175/sqft
    • Date on market: 11/25/2024
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