
Deep Water Rentals
Hospitality
Marketing description
A rare opportunity to acquire a curated portfolio of four income-producing properties on the Deep Water Point peninsula of Lake Lavon, Collin County, TX. Each property is currently operating as a short-term rental (STR) via VRBO, Airbnb, and direct bookings. The package offers both cash flow potential and long-term appreciation with flexibility for self-management or third-party operation.
Asking Price: $2,150,000
Property Count: 4 (mix of renovated lake houses, waterfront retreat, and new construction site-built modular home)
Use: Active short-term rentals
Management: Self-managed, independent bookings + OTA platforms
7424 County Road 961 – Lakeview Bungalow + ADUs
Size: 915 SF | 2 BR / 1 BA | Built 2002
Lot: 0.53 acres, 5 contiguous lots
Highlights: Renovated craftsman-style bungalow + 3 accessory dwellings (casita, cabana, cabin) awaiting renovation.
Notes: Bonus income potential from ADUs.
7431 County Road 964 – Lakefront Ranch
Size: 2,177 SF | 3 BR / 3 BA | Built 2009
Lot: 0.27 acres
Highlights: Each bedroom with ensuite bath; outdoor grill dock, hot tub, private 2nd story suite with balcony
7407 County Road 964 – New Construction Modular
Size: 2,187 SF | 4 BR / 2 BA | Built 2023
Lot: Two oversized lots (0.42 acres)
Highlights: Solar panel system (24.095 kW), energy-efficient build, luxury kitchen + fireplace, modern open layout
7404 County Road 964 – Waterfront Retreat
Size: 4,208 SF | 6 BR / 7 BA | Built 1968 w/ 2002 addition
Lot: 0.35 acres
Highlights: Multi-wing flexible design, 4 ensuite bedrooms, updated kitchens, solar panels, spa with lake views, multiple decks
Location & Highlights
Peninsula Positioning: All homes sit on the sought-after Deep Water Point peninsula of Lake Lavon.
Accessibility: Just minutes from Rockwall, Wylie, and greater Dallas.
Lifestyle Appeal: Boating, fishing, hiking, and recreation create year-round rental demand.
Zoning & HOA: No HOA, outside city limits – flexible use.
Investment highlights
DSCR Loan Overview:
No income docs required, qualify based on rental projections.
Up to 85% LTV, as low as 15% down with strong FICO.
Loan amounts up to $3M available
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