Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
None
Sq.Footage
1,300
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.
Features & Amenities
Interior
-
Other Interior Features
Other
-
Total Bedrooms
3
-
Bathrooms
2
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Circular Driveway, Boat, RV Access/Parking
-
Pool
No
-
Waterfront YN
YES
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
7.0
-
Lot Size(square feet)
304920.0
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$500,000
-
Sq. Footage
1, 300
-
Price/SqFt
$384
HOA
-
Association
No
School District
-
Elementary School
Siebert
-
Middle School
Eastland
-
High School
Eastland
Property Features
-
Accessibility Features
Accessible Entrance, Accessible Approach with Ramp
-
Foundation Details
Pillar/Post/Pier
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
Eastland
Elementary School
Siebert
Middle School
Eastland
High School
Eastland
Listing Courtesy of Cody Mills , Home Grown Group Realty, LLC
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AGENT
Joe Boston
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