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Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Caddo Point Trails
MLS Listing ID 20589999
Sold Date 09/20/24
HOA Fees $83/ann
HOA Y/N Mandatory
Lot Size 1.828 Acres
Acres 1.828
Property Description
Rare opportunity to acquire over 1.8 acres of easterly facing waterfront property with about 244' of shoreline on Lake Bob Sandlin already protected by a vinyl retaining wall. The easterly views from this property stretch for over two miles across big, open water. In addition to the retaining wall (approximately $39,000 value), there is a 65' pier and very nice 2-stall boathouse. Covered in gorgeous, mature pine and hardwood trees and with a gentle slope to the lake. With underground utilities, including fiber-optic cable, this property already has electricity run to the boathouse and stubbed out on the lot, ready to tie on to, and there is a water meter installed, as well, for a total of nearly $12,000 in utilities already in place. The position of this tract, lying just south of an easterly curve in the shoreline, protects it from harsh winter winds ,but also puts it right in line to take advantage of the typical southeasterly breezes of summer.
Location
State TX
County Franklin (tx)
Community Boat Ramp, Gated
Zoning Single-Family Residential
Direction From FM 3007 on the S end of the Cypress Springs dam, turn E onto CR 4385, go about a mile to gated entrance of Caddo Point. One inside the gate, take your first L. At the T take a R onto Caddo Point Trails. L on Indian Marker Tree Rd., follow to Property on R. SIY and a lot number sign on each lot.
Exterior
Exterior Feature Boat Slip
Community Features Boat Ramp, Gated
Utilities Available Co-op Water, Electricity Connected, Gravel/Rock, Individual Water Meter, Outside City Limits, Phone Available, Private Road, Rural Water District, Underground Utilities, Unincorporated, Water Tap Fee Paid, No Sewer
Waterfront Description Dock – Covered,Lake Front,Lake Front – Main Body,Retaining Wall – Other,Water Board Authority – Private
Street Surface Gravel
Lot Frontage 235.0
Garage No
Building
Lot Description Many Trees, Oak, Pine, Rolling Slope, Subdivision, Waterfront
Schools
Elementary Schools Mt Vernon
Middle Schools Mt Vernon
High Schools Mt Vernon
School District Mount Vernon Isd
Others
Restrictions Architectural,Building,Deed,No Mobile Home
Ownership Mike & Lee Ann Asbury
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Aerial Photo, Deed Restrictions, Flowage Easement
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Bought with Ralph Robertson • Century 21 Butler Real Estate
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