ActiveResidential · sale

860 Lcr 794

Groesbeck, TX 76642

$549,999

  • 3 beds
  • 2 baths
  • 2,600 sq ft
  • 1.44 acres
  • Built 2015

Listed by Keller Williams Realty Lone St · MLS #ACT5857152

A FEW THINGS TO NOTICE

What stands out.

Living spaces

With the open concept floor plan encourages relationship building.

Year built

Built in 2015.

Garage parking

6 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Oh! Here is the lakehouse at the end of the road. Yes, that's where we can stop the phone calls, texts, the....You can almost stop time. Come here not just to exist, but to truly live. Watch the waves of Lake Limestone and your dock from the wrap-around porch. Look around at the landscaping which looks like an impressionist painting. Look at the barn, which has an a/c room with a washer, dryer, and refrigerator water connection. The Barn has storage and it's big enough for all your toys. Maybe you want a shop for woodworking or car repair. The house is a three-bed, two-bath beauty with its massive wrap around porch. Front door opens onto the Great Room with the fully stained concrete floor. With the open concept floor plan encourages relationship building. The long granite counter will be where the little occupants can have their breakfast while the big occupants cook it up in the right size kitchen. The dining area has room for a large table. The laundry room is large enough for extra storage or furniture and includes a sink. The two bedrooms and bathroom are a great size for multiple beds and multiple occupants. The owner's suite is separate from the other rooms on the other side of the house. Its bath exits outside onto the porch. So, you don't track lake water back into the house. The back windows give a view of the lake. Lake Limestone offers quiet, uncrowded bass and crappie fishing. Fish off your private dock that stretches out into the lake. Call us to see this private lake house on Lake Limestone.

THE NEIGHBORHOOD

Explore the location.

860 Lcr 794, Groesbeck, TX 76642

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2015
Full baths
2
Half baths
0
Garage spaces
6
Cooling
Ceiling Fan(s), Central Air
Heating
Central, Fireplace(s)
Appliances
Dishwasher
Flooring
Concrete
Fencing
None
Accessibility
Accessible Doors
Pool features
None
Subdivision
J L CHAVERT-WEST LAKE LIMESTONE
Parcel
860 Lcr 794
Elementary school
Outside School District
Middle school
Outside School District
High school
Outside School District
Annual property tax
$7,691.65

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$2,291.66
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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860 Lcr 794, Groesbeck, TX 76642 · MLS #ACT5857152

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Listing information

MLS #ACT5857152 · Austin Board of Realtors

Listing brokerage: Keller Williams Realty Lone St
Listing agent: Bill Vernon

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