Lake Townhome/Townhouse For Sale
Turnkey Investment Opportunity Minutes from Eagle Mountain LakeJust minutes from the recreational haven of Eagle Mountain Lake, this income-producing property offers the perfect blend of lifestyle appeal and solid investment fundamentals. With a strong rental history and typical vacancy of less than a month, this asset delivers reliable, long-term cash flow. Current tenants have remained in place for 3-5 years, underscoring the property's stability and desirability.
Investors will appreciate the major updates already completed: two new HVAC systems, updated lateral septic lines, fresh exterior paint, and a recently installed chain-link fence--all reducing future capital expenditures.
The property includes a detached shop currently listed as a studio with space for 6+ vehicles--ideal for conversion into additional rental units or storage space to boost income. The upstairs apartment offers a second income stream, perfect for long-term or short-term rental strategies.
Set on a spacious lot with mature fruit trees and ample outdoor space, there's room to expand or further develop. Whether you're looking to grow your portfolio or capitalize on a value-add opportunity near one of North Texas's most popular lake destinations, this property checks all the boxes.
Property Details
- Beds: 6
- Baths: 3.0
- Year Built: 1940
- Location: Eagle Mountain Lake
- Acres: 0.710
- County: Tarrant County
- Community: M E P & P RR CO SURVEY #33
- Heat/AC: Central, Electric (Heating)
- Garage: Carport
- Siding: Board & Batten Siding
- Roof: Asphalt
- Stories: 2
- MLS #: 20833452
- Unit Number: 2
Location
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Contact Information:
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Ad Statistics:
| Ad Number : | 6037339 |
| Viewed: | 9 times |
| Added: | Apr 21, 2025 |
| Updated on: | Apr 21, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
