ActiveResidential · sale

736 Lakecrest

Other, TX 78607

$894,000

  • 4 beds
  • 3,295 sq ft
  • 0.84 acres
  • Built 1975

Listed by RE/MAX Marble Falls · MLS #617557

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The main house has an open concept living/dining to kitchen with banks of windows, expansive master with ensuite bath, extensive walk in closet, discreet storm/safe room, dedicated office and powder bath.

Details worth a look

This beautiful and meticulously maintained property features waterfront enjoyment attributes like the oversized screened porch, bright and inviting sunroom, sculpture garden with meteorological devices to track weather patterns, wind velocity and lake stats.

Year built

Built in 1975.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Main house built 2001 with breezeway connecting cottage on a panoramic, 5 mile UNOBSTRUCTED open water view on nearly 300' peninsula of Shaw Island, Lake Buchanan with views of Rocky Point, Buchanan Dam, Black Rock and the shoreline toward Llano. This beautiful and meticulously maintained property features waterfront enjoyment attributes like the oversized screened porch, bright and inviting sunroom, sculpture garden with meteorological devices to track weather patterns, wind velocity and lake stats. Boat barn storage and oversized garage house all the lake necessities! And the concrete ramp, fish cleaning station, and wide open extensive lot will accommodate the whole tribe for endless entertaining. Two of the four WF lots could be a resale or new build site. The main house has an open concept living/dining to kitchen with banks of windows, expansive master with ensuite bath, extensive walk in closet, discreet storm/safe room, dedicated office and powder bath. Across the breezeway, the cottage has a full, vintage kitchen with breakfast bar, cheery, watercolored cabinetry, living space with glass doors and windows for a complete lake experience at all times; 3 bedrooms, 1.5 baths and a brightly lit lakeside sunroom. Sustainability features include above ground gasoline storage and two bulk water storage tanks. For weekend or lifetime island living, or a lucrative short term rental investment opportunity just 1.5 hours from AUS airport, 2 hours from SAT, nothing else compares!

THE NEIGHBORHOOD

Explore the location.

736 Lakecrest, Other, TX 78607

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1975
Full baths
2
Half baths
3
Garage spaces
2
Cooling
CentralAir,Electric,TwoUnits
Heating
Central,Electric
Appliances
Dishwasher,ElectricRange,Disposal,Microwave,Range
Flooring
Carpet,Concrete,Tile
Utilities
None
Exterior
Porch,RainGutters
Fencing
ChainLink,Wood
Pool features
None
Spa
No
Subdivision
Island Village
Parcel
34993
Elementary school
Shady Grove Elementary School
Middle school
Burnet Middle School
High school
Burnet High School

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$3,725.00
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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736 Lakecrest, Other, TX 78607 · MLS #617557

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More in Other.

Listing information

MLS #617557 · Central Texas MLS

Listing brokerage: RE/MAX Marble Falls
Listing agent: Dana Yarter

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.