For sale by owner
  • Price cut: $20K (7/20)
    $1,339,000

    211 Private Road 5552, Alba, TX 75410

    21beds
    8,000sqft
    : 
    MultiFamily
    Built in 2020
    -- sqft lot
    $-- Zestimate®
    $167/sqft
    $-- HOA

    What's special

    Waterfront buildingsWater well on propertyWaterfront ranch venueMetal roofs
    Waterfront Ranch venue in Texas. Close to DFW. Income, rentals with land to expand operations on famous Lake Fork in East Texas 75410. Contact us to schedule your appointment. Please provide proof of funds or pre-approved mortgage lender as is standard with all 1M+ properties. Thank you ~ 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 $$$. Rent the property, live here or both ! Perfect size at 12.56 deeded acres (apx 9 acres open to develop as in AG now taxes $11 yr). Water well on property so no water bills. We use city electric however this ranch is a perfect candidate for solar. All structures have metal roofs, low maintenance. The ranch is fenced and gated. We have raised APHA paints here and the AG is still in place on the pastures. Perfect for a horse facility with rental income. Super flexible property with numerous sources of income. NOW SHOWING: Contact us to arrange a showing appointment. Must be pre-qualified or able to prove the ability to fund. All financial institutions will provide such letter to their qualified clients. This property can pay for itself. Proven rental income for 15+ years . Nothing like it on Lake Fork. Close to DFW and Canton Texas. We sit between I-20 and I-30 here in E.TX 75410. We offer several purchase options: OPT 1: Purchase all buildings, acreage, venues $1,359,000 OPT 2: Purchase AG land on back of ranch apx 9 acres $255,000 OPT 3: Purchase 3 rented cabins (3k monthly rental income and 9 acres of raw AG land to expand or use as a horse facility (apx 8 acres) $455,000 OPT 4: Purchase the waterfront buildings (apx 2.857 acres) leaving the back for the owner. Offered at: $1,250,000. The listed offerings are priced considered a cash sale, direct from seller to buyer. Note: the owner is scheduling showings now. Schedule yours before this property sells. The prior contract failed funding thus this re-listing.
    What the owner loves about this home
    Best view of the lake on a quiet cove. INCOME - $$$ 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.
    252 days
    on Zillow
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