LAKE CREEK, Residential For Sale
Lot size: 3.67 sqft (0.34 m2)
MLS#: 20837524
Reach out to Listing Agent for Offering Memorandum!
Strategically located in Athens, TX, the Lake Ridge Apartments is an ideal investment opportunity for those looking for an as-is, cash-flowing multifamily property with value-add upside.
Lake Ridge offers 100 studio units of the same floor plan and size, each equipped with a bathroom and kitchen. Tenants have access to a shared on-site laundry facility, individually keyed mailboxes, and plenty of parking.
A charming southern town with an array of national and local retailers, Athens is conveniently located 72 miles east of Dallas and 36 miles west of Tyler. Lake Ridge is walking distance to a Walmart Supercenter and close to public schools (K-12).
Opportunity for value-add ranges from additional income through implementation of RUBS and pet fees, to light make-ready improvements in various units. As-is, the property has averaged 94% occupancy and $450,000+ in annual Net Operating Income over the last three years. Cap Rate - 7.27%...
Bedrooms: 8, Bathrooms: 9, Half baths: 3, House size: 10,672 sqft (991.4 m2), Lot size: 0.46 sqft (0.04 m2)
, MLS#: 20854001
Experience this one-of-a-kind lake retreat nestled on Lake Lewisville, with quick access to Dallas or Fort Worth. No expense was spared in the construction of this breathtaking waterfront, 10,672 sq. ft. property in Highland Village on Lake Lewisville. This meticulously designed and crafted home has Kolbe windows and doors, high-end designer finishes throughout, and features a Shou Sugi Ban-wrapped Skybridge elevated over the pool area. This magnificent property boasts a 3-car garage, a main floor primary suite, study, gym, writing or crafts room, large game room, sunroom, spacious bunk room, library, two patios and a 3rd floor retreat with sprawling lake views, and a smoothie bar that opens to the infinity edge pool overlooking the lake. The chef’s kitchen features bespoke cabinetry by Helene’s Luxury Kitchens, Sub Zero appliances, La Cornue range, and a catering kitchen with a large walk-in pantry – a culinary and chef's dream. This stunning property includes 8 bedrooms, 13 bathrooms and a subterranean wine cellar. This property is currently under construction. Estimated completion is late Spring of 2025....
Bedrooms: 2, Bathrooms: 2, Half baths: 1, House size: 2,558 sqft (237.6 m2), Lot size: 126 sqft (11.7 m2)
, MLS#: 20459639
This slice of Heaven includes almost 126 acres, 3 ponds & breathtaking views! Secluded, country living, with a darling 1,798 SqFt home. Farmhouse comes with 2 large bedrooms, 2.5 baths, large living area, spacious kitchen with an abundance of cabinets for storage. Step outside & enjoy the large, covered patio... perfect for enjoying the gorgeous Texas skies!! This property has it all! Country charm, fresh air, mature trees, 2 barns, calf roping arena & shop! A horse lovers dream! Insulated drive through barn that is equipped with a bathroom, 8-12x12 stalls, tack & room, along with a wash rack. Equipment & trailer parking overhang with RV plug & water, barn also includes a full 1-1 apartment. Roping arena is set up with a return alley & holding pen. Fenced & cross-fenced into several pastures, this property also has an older barn where 4 additional stalls could be added, shop behind the house & separate equipment cover. Too much to list, come take a look to appreciate!...
Bedrooms: 2, Bathrooms: 2, Half baths: 1, House size: 1,656 sqft (153.8 m2), Lot size: 0.86 sqft (0.08 m2)
, MLS#: 20712845
THIS IS IT!! Look no further for the perfect modern lakefront cabin with a covered boat dock on Possum Kingdom LAKE! Unbelievable opportunity to own an affordable possible short-term rental in the sought after Hells Gate community of Sportsmans World. Room to run on almost a full acre in a protected cove. Terrific location close to many expensive lake estates and Bluff Creek Marina. There is also plenty of space for future expansion with this sized lot. The cabin is a minimalistic open floor-plan with kitchen & living on upper level and 2 Bedrooms and two Bathrooms on lower level. The NEW black metal roof and freshly painted exterior coupled with rustic wood trim and reclaimed tin really make this home an Iconic Texas Lakehouse. Enjoy future cool mornings and colorful evenings from the lakeside decks on both levels; upper deck was recently covered and composite decking added. Your family and guests will appreciate this true essence of North Texas Hill Country Lake setting....
Bedrooms: 4, Bathrooms: 2, House size: 2,139 sqft (198.7 m2), Lot size: 20.3 sqft (1.89 m2)
, MLS#: 20834114
Charleston is Calling – Reconnect with your roots in this fully updated ranch home on 20 acres, offering a blend of majestic trees and open pasture. Oaks frame the pipe entrance, leading to a residence fenced for livestock. Inside, discover 4 spacious bedrooms and 2 baths. The primary suite features an attached bath with a tub, shower, walk-in closet, and pocket office. A freshly painted neutral palette creates a soothing ambiance. The family room, with its vaulted ceiling and wood-burning fireplace, opens to the dining area for easy entertaining. The kitchen boasts natural wood cabinets, open shelving, black stainless appliances, and a breakfast nook. This 20-acre property is a haven for animal lovers and hobby farmers, featuring a fenced area for livestock, cross-fenced for cattle, a hay or equipment barn, a horse barn with five stalls, a stocked tank for livestock or fishing, a chicken coop, and a wash rack. Embrace the endless possibilities this stunning ranch offers....
Bedrooms: 3, Bathrooms: 2, House size: 1,196 sqft (111.1 m2), Lot size: 0.42 sqft (0.04 m2)
, MLS#: 20853205
Escape to the Peacefulness & Privacy of 225 Lake St...where the Birds Sing, Wildlife Roam, Fishing from your own Backyard w a Slight Breeze through the Treed almost Half Acre Lot backing to Corp of Engineers Property on Lake Lewisville. Bring Your Imagination & Own Sense of Style to Build Your Dream Home...or Rebuild the Existing Home. Foundation, Framing, Roof, Plumbing & Electrical are in Place...Existing Home had Fire in Attic and has water damage to existing home from the extinguishing the fire. Property Being Sold AS IS...Prime Opportunity to call Lake Lewisville Your Escape to Paradise with No HOA!...
Bedrooms: 2, Bathrooms: 2, Half baths: 1, House size: 1,260 sqft (117.1 m2), Lot size: 0.02 sqft (0 m2)
, MLS#: 20858663
Spectacular Lake View from this furnished 2 bedroom, 2.5 bath, 2 story townhome. Everything you need to start enjoying the Possum Kingdom Lifestyle is included with this property. Downstairs features eat in kitchen with beautiful stone countertops, living area with stone, one half bath, wood burning fireplace, AND a wet bar with mini fridge. Move out the rear sliding door to the deck with Multiple seating options and amazing lake view. Upstairs you will find 2 ensuite bedrooms, 1 of which has a private balcony overlooking Possum Kingdom Lake, and laundry nook with washer and dryer. Located literally around the corner from Bluff Creek Marina for all of your boating needs. This property is an ideal opportunity to experience everything Possum Kingdom has to offer, with lock and leave convenience....
Page 1 of 1
Log in to save favorite properties and to receive free e-mail alerts with newly listed ones.
Sign In Failed
Please enter a valid e-mail address
Mark Maldonado
Mersal Realty
License number:
0655845
Mersal Realty
mobile: (972) 658-2877
www.markmaldonadorealty.com

Contact Me
To send us e-mail, just fill in the fields below and click "Send"
Please include your valid e-mail address for responses.
Please include your valid e-mail address for responses.