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211 Private Road 5552

Inactive
ALBA, TX, 75410
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Property Description

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21 Bedrooms

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9.0 Baths

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8,000 SQ FT

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13.00 Acres

$1,350,000

About this home

BACK ON MARKET - funding failed on buyers end. RV Park sold 6.14.24 * FSBO * Ranch with Income, rentals, acreage, rented cabins and Venues to rent Live and share your Venues or a great family compound. Texas-Waterfront-Income and AG exemption ! PRIME Waterfront Ranch Venue w/ Lodging in Texas (75410) with Rentals + Income and room to expand, AG land that also includes: Bunk Barn * Waterfront Owners Lodge * Cowboy Cabin * Boat dock, pier and ramp. Shop (or convert to 2- 2 BR duplex waterfront) & lots more. Offered turn key with most contents ready to earn $. Or will sell land and structures only. Owner offers flexible purchase options: 1. Buy all 12.56 acres at $1,495,000 with 3 rented cabins (income 3k per month) + apx 7+ open AG acres. 2. Buy apx 4 acres of waterfront ranch incudes lodge, bunk barn, Shop (or duplex option), Boat house, pier and cowboy cabin $1,350,000. SEEKING a cash deal as lending is tight and owner will not tie up property with lenders in this marketplace. Unless buyer places OPTION $ in lieu of ESCROW money. (Serious , qualified only please. Owner might assist in some financing to qualified applicant(s)). This is a private waterfront ranch (12.56 acres) with several structures currently used as a family compound and part time venue rental. This is FSBO only. We sit on a quiet beautiful cove on Lake Fork. The property is completely fenced and gated. Included is the owners lodge (2164 sq ft) the popular Bunk Barn (est 4000 sq ft), Cowboy Cabin (est 700 sq ft), 3 rental cabins (100% occupied + avg est. 800 sq ft), Shop, Loafing Sheds, fenced pasture, long pier, boat house, boat ramp. AG EXEMPTION so plenty of room to expand or bring the animals. There is apx. 1300 foot of water frontage. This property has a water well so no monthly bill, two septic systems able to add more structures if so desired. This property is super flexible and can pay for itself. Appraised (bank) OCT 2023 We will show only to pre-approved or qualified individuals (bank letter, financials)

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