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26424886
26425325

4 Locations

AT
TX 0608931
Amanda Thomas
Listed by Amanda Thomas
$2,150,000
289 days on market
Updated 12 days ago

Deep Water Rentals

Details
Property Type Hospitality
Sub Type Short-Term Rental, Single-Family Home (+1)
Square Footage 4,208
Investment Type Owner/User

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

Listing Contacts

AT
TX 0608931
Amanda Thomas
Listed by Amanda Thomas

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Additional Information

Name
Amanda Thomas
License
0608931
Brokerage
Providence Group Realty
Brokerage Phone
4696456363
Title
Real Estate Broker
Brokerage Address
3308 Preston Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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