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$779,000
Est. payment /mo
5 Beds
4 Baths
4,907 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,907 sqft
Price per Sqft $158
Subdivision E Lewis
MLS Listing ID 25016334
Bedrooms 5
Year Built 1977
Annual Tax Amount $606
Tax Year 2025
Lot Size 2.800 Acres
Acres 2.8
Property Sub-Type Fourplex
Property Description
Lakeview Cabins, located just footsteps away from the Dotson Bridge boat dock on beautiful Lake Murvaul. This unique multi-family property sits on 2.8 acres and features 11 total units, including 9 kitchenette cabins, One 2-bedroom house & One 1 Bedroom House, and 2 RV-spots for additional income, offering excellent potential for short-term, mid-term, or long-term rentals. Each unit has completed renovated exteriors in 2022, with smart board siding, paint and exterior doors. All new roofs with 30-year shingles on each unit in 2022. New driveways and parking areas in 2022. Vinyl plank and tile flooring and new appliances installed in each unit 2019-2022.The property is supported by its own private water well installed in 2019. With its close proximity to the lake and ample space for guests, Lakeview Cabins presents a rare opportunity for investors seeking a turn-key income property in the heart of East Texas.
Location
State TX
County Panola
Zoning Multi Fam Dwelling 11
Interior
Heating Other/See Remarks
Cooling Window Unit(s)
Flooring Ceramic Tile, Vinyl Plank
Fireplaces Type None
Exterior
View Y/N No
Roof Type Composition
Building
Foundation Slab
Sewer AerobicSeptic Sys
Water Well
Schools
Elementary Schools Gary
Middle Schools Gary
High Schools Gary
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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Listed by Benjamin Wooten • Coldwell Banker Home Place-Henderson
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