625 CR 544
Eastland, TX 76448
$425,000
7 acres
Description
Are you looking for a strong investment opportunity with real cash-flow potential on Lake Leon in Eastland? This seven-acre waterfront property is already set up and operating with RV hookups, offering immediate income potential. The property features a three-bedroom, two-bath mobile home in solid condition that could shine with a little TLC. What truly sets this property apart is the expansive lake frontage, complete with a private boat ramp—making it ideal for both short-term and long-term rental use. Previously operated as a successful campground and restaurant, the groundwork is already in place for someone to step in and revive or reimagine the business. Buyers should note that the property is a leasehold estate, with approximately 37 years remaining on the current lease, after which ownership reverts to the underlying owner. However, there may be an opportunity to acquire the underlying interest with a strong offer. The annual lease payment is just 300 dollars, paid to the water department.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Siebert Elementary School | PK - 5 | Regular |
| Eastland Middle School | 6 - 8 | Regular |
| Eastland High School | 9 - 12 | Regular |
| 3 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.