BEDS3
BATHS2 full
SQUARE FEET1,300
MLS#21240091
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONLAKEVIEW ACRES
SCHOOLEastland ISD
Property Description
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.
Property Features
Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Lot Size: 7.00 Acres
Roof Type: Composition
Year Built: 9999
Amenities
Other
RV/Boat Parking
Feature Descriptions
Accessibility: Accessible Approach with Ramp
Appliances: None
Days on Site: 5
Lot: Waterfront
Parcel#: 9423
Parking: Circular Driveway
Parking Notes: Circular Driveway
Utilities: City Water, Electricity Connected, Septic
Water Features: Lake Front
Room Sizes
Bedroom-Primary: 15.00 x 10.00 Level - 1
Bedroom: 10.00 x 10.00 Level - 1
Bedroom: 10.00 x 10.00 Level - 1
Living Room: 15.00 x 15.00 Level - 1
Local Schools
Elementary School: Siebert
School District: Eastland ISD
Listed By / Shown By
Listed By
Agency Name: Home Grown Group Realty, LLC
Agency Contact: 817-573-3174
Agent Name: Cody Mills
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 1,258.62 per month $1,112.78 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.83 Homeowner's InsuranceChange Payment Information
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625 Cr 544 | MLS# 21240091
This single family home located at 625 Cr 544, Eastland, TX 76448 is currently listed for sale with an asking price of $500,000. This property was built in 9999 and has 3 bedrooms and 2 full baths with 1300 sq. ft. Cr 544 is located in the LAKEVIEW ACRES subdivision within the Eastland ISD school district. Search LAKEVIEW ACRES real estate on www.254sale.com today.