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1601 County Road 489, Etoile, TX 75944

$599,000
: 2
BD
: 1
BA
: 1,124
SqFt

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List Price: $599,000
Price Change: ▼ $90,000 1789997099
MLS#: 24184111
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Year Built: 2022
Bedrooms: 2
Bathrooms: 1
Living Area: 1,124
County: Nacogdoches
Area: 77
City: Etoile
Subdivision: Polk

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Property Description

Own, Earn & Expand on Lake Sam Rayburn! Rare opportunity to own an income producing waterfront property on nearly 5 acres with 175 feet of direct lakefront. Features 2 nearly identical waterfront cabins, each with 2 bedrooms, 1 bath and sleeping accommodations for up to 6 guests, ideal for short-term rentals, family getaways or future expansion. Infrastructure is already in place with 3 RV hookups, commercial septic and city water. NO HOA & NO DEED RESTRICTIONS! Build your dream lake home while the cabins generate income, create a private family compound, add cabins or glamping accommodations, expand RV sites or explore additional recreational income opportunities. With waterfront access, existing rentals, acreage and flexibility, this is a rare Lake Sam Rayburn investment opportunity! Come see the potential & imagine what you can create on Lake Sam Rayburn!

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Additional Information

Unexempt Taxes: $2,566
Lot Size: 201,509
Lot Description: Cleared, Views, Waterfront
Interior Features: Ceiling Fans
Flooring: Wood
Roof: Composition
Stories: 1
School District: Woden
Elementary School: Woden Elementary School
Middle School: Woden Junior High School
High School: Woden High School