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Vernessa Evans

vernessa@thesavvyrealtor.com +1(972) 737-0711

$ 399,000

Est. payment -/mo

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1579 Eastside Lake RD Graham, TX 76450

2 Beds

3 Baths

1,800 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Subdivision Lk Graham

MLS Listing ID 21414433

Style Contemporary/Modern

Bedrooms 2

Full Baths 2

Half Baths 1

Construction Status Resale

HOA Y/N No

Year Built 2022

Annual Tax Amount $5,076

Lot Size 1.100 Acres

Acres 1.1

Property Sub-Type Single Family Residence

Property Description

Turnkey investment opportunity with a lake view! This Lake Graham leasehold property offers incredible financial flexibility and cash flow potential, easily functioning as a full-time residence, an income generator, or a blended-use retreat. Includes two distinct, beautifully updated residences built in 2022. The 1,200 sq. ft. house offers a comfortable 1 large ensuite bedroom with a bathroom and walk-in closet connecting to a utility room with washer and dryer hookups. The open concept kitchen and living room combo features granite-countertops beneath vaulted ceilings. Both the living room and the bedroom have sliding doors access to a covered back porch with multiple seating and dining spaces facing the western sky lake view for morning coffee, afternoon drinks, and family cookouts. Includes a half bath for guests and gatherings. Under the same roof as the main house is a 600 square foot carport workshop that could converted to extra living space if needed. Both the main house and the efficiency apartment boast custom granite countertops with modern finishes in the kitchens and bathrooms with luxury wood like vinyl flooring throughout. The property's income potential is the separate 600 sq. ft. efficiency apartment, currently operating as an affiliated AirBNB, generating 1,000–1,500 monthly. This apartment was designed as a handicap accessible unit with it's own kitchen, bedroom, and bathroom. The yard has a sprinkler system with the water supplied from Lake Graham. Included is a parking space ready for a travel trailer with water and sewer hookups for personal use or as another rental potential. Along with storage container on site, the sellers are open to negotiating most of furnishings (except for some family heirlooms), furniture, appliances, tools, and yard equipment, The City of Graham leasehold is currently $1,000 a year (discounts available for 65+ and homestead). This is a rare chance to offset your lake lifestyle with established income.

Location

State TX

County Young

Community Fishing, Lake

Direction GPS Friendly. From Graham, drive northwest on HWY 380 toward Newcastle. Take the Eastside Lake Road exit toward the lake. Proceed to address. Lot #555. Sign in yard.

Interior

Interior Features Built-in Features, Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)

Heating Central, Electric, Propane, Other

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Luxury Vinyl Plank

Equipment Generator, Negotiable

Fireplace No

Window Features Window Coverings

Appliance Dishwasher, Electric Range, Electric Water Heater

Laundry Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room, Stacked

Exterior

Exterior Feature RV Hookup

Parking Features Additional Parking, Covered, Carport, Garage, RV Access/Parking

Garage Spaces 2.0

Pool None

Community Features Fishing, Lake

Utilities Available Septic Available, Separate Meters, Water Available

Waterfront Description Lake Front,Waterfront

View Y/N Yes

Water Access Desc Public

View Water

Roof Type Metal

Street Surface Gravel

Accessibility Accessible Full Bath, Accessible Bedroom, Accessible Doors, Accessible Entrance

Porch Covered

Road Frontage All Weather Road

Garage Yes

Private Pool No

Building

Lot Description Sprinkler System, Waterfront

Dwelling Type House

Sewer Septic Tank

Water Public

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Graham

Middle Schools Graham

High Schools Graham

School District Graham Isd

Others

Tax ID 17980

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21414433

North Texas Real Estate Info Systems (NTREIS) / WACO Association of Realtors

Listed by Austin Chamness • Weatherbee Real Estate

Vernessa Evans

Agent License ID: 0744811

+1(972) 737-0711

Vernessa Evans

1579 Eastside Lake RD Graham, TX 76450

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1579 Eastside Lake RD