Check Availability
Hunt 75474
1981 Underwood 1B
$575,000
↑ $575K (100%)
● Land - For Sale

1981 Underwood 1B

Quinlan, TX 75474
bedrooms
Studio
bathrooms
0 Bath
$2,841
Est. Monthly
$17
HOA / Fees

About This Property

Discover an exceptional 11.43-acre waterfront retreat offering approximately 837 feet of shoreline along the lake. This deeded acreage offers a rare combination of privacy, natural beauty, and expansive water views. The property also benefits from additional SRA leaseback acreage extending to the water's edge, creating the feel of a much larger tract while preserving direct access to the shoreline.

The property is heavily wooded with mature trees and has been thoughtfully and strategically cleared to maximize lake views while preserving the privacy and seclusion that make this tract so special. From multiple vantage points across the property, you'll enjoy stunning views of the water without sacrificing the feeling of being tucked away in your own private sanctuary.

Whether you're envisioning a luxury lakefront estate, a weekend retreat, or a long-term investment, opportunities like this are increasingly difficult to find. With over 800 feet of waterfront, expansive acreage, abundant wildlife, and a carefully balanced blend of open views and wooded privacy, this property offers a truly unique setting for enjoying life on the lake.
Unit Size
-
Days on Market
-
Land Size
11.43 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$17
Year Built
-

Listed By

Payment Calculator

Cap Rate Calculator

Last updated: 20 days ago (NTREIS #21385428)

Price History

Date / Event Date Event Price
Oct 5, 2026 Price Increased $1,150,000
↑ $575K (100%)
Price Increased
Oct 5, 2026 Price Decreased $575,000
↓ $620K (51.9%)
Price Decreased
Sep 13, 2026 Listed by Prestigious Homes $1,195,000
Listed by Prestigious Homes
Rarely does a property of this caliber become available. Spanning 19.82 deeded acres and boasting approximately 1,688 feet of lake frontage, this remarkable waterfront tract offers an extraordinary combination of acreage, privacy, and breathtaking water views. The property features both expansive open-water frontage and shoreline extending down a protected finger of the lake, creating a diverse and highly desirable waterfront setting. In addition to the deeded acreage, the property benefits from an extensive SRA leaseback area that extends toward the water, providing additional usable space, enhanced privacy, and a sense of scale that makes the property feel significantly larger than its already impressive 19.82 acres. Towering trees, abundant wildlife, and rolling terrain provide a beautiful natural backdrop, while a thoughtfully cleared homesite showcases what may be some of the most spectacular lake views available anywhere on the property. From this elevated setting, the panoramic views stretch across the water and create an ideal location for a custom lakefront residence, family compound, or private retreat. Adding to the property's appeal is an existing structure that is ready for renovation. With some updating, it could serve as the perfect weekend getaway or temporary residence while constructing your dream home and then double as a guest house once your residence is complete. A private pier is also in place and offers the opportunity for restoration, providing convenient access to the water and endless recreational possibilities. Large waterfront tracts with this amount of shoreline are becoming increasingly difficult to find. The combination of nearly 20 deeded acres, approximately 1,688 feet of lake frontage, substantial SRA leaseback acreage, open-water views, protected cove frontage, an existing structure, pier, and a premier homesite creates a truly exceptional opportunity to own one of the area's most unique and desirable waterfront properties.
Sep 1, 2026 No longer available -
No longer available
Jun 18, 2026 Listed by Prestigious Homes $1,199,000
Listed by Prestigious Homes
Rarely does a property of this caliber become available. Spanning 19.82 deeded acres and boasting approximately 1,688 feet of lake frontage, this remarkable waterfront tract offers an extraordinary combination of acreage, privacy, and breathtaking water views. The property features both expansive open-water frontage and shoreline extending down a protected finger of the lake, creating a diverse and highly desirable waterfront setting. In addition to the deeded acreage, the property benefits from an extensive SRA leaseback area that extends toward the water, providing additional usable space, enhanced privacy, and a sense of scale that makes the property feel significantly larger than its already impressive 19.82 acres. Towering trees, abundant wildlife, and rolling terrain provide a beautiful natural backdrop, while a thoughtfully cleared homesite showcases what may be some of the most spectacular lake views available anywhere on the property. From this elevated setting, the panoramic views stretch across the water and create an ideal location for a custom lakefront residence, family compound, or private retreat. Adding to the property's appeal is an existing structure that is ready for renovation. With some updating, it could serve as the perfect weekend getaway or temporary residence while constructing your dream home and then double as a guest house once your residence is complete. A private pier is also in place and offers the opportunity for restoration, providing convenient access to the water and endless recreational possibilities. Large waterfront tracts with this amount of shoreline are becoming increasingly difficult to find. The combination of nearly 20 deeded acres, approximately 1,688 feet of lake frontage, substantial SRA leaseback acreage, open-water views, protected cove frontage, an existing structure, pier, and a premier homesite creates a truly exceptional opportunity to own one of the area's most unique and desirable waterfront properties.
Show More

Property Highlights

Exterior Details
Waterfront Features: Lake Front, Beach Access, Lake Front – Main Body
Lot Features: Greenbelt, Many Trees, Waterfront, Acreage, Water/Lake View
Lot Size Area: 11.43
Lot Size Units: Acres
Lot Size Acres: 11.43
Lot Size Square Feet: 497890.8
Location Details
HOA/Condo/Coop Fee Includes: Full Use of Facilities
HOA Fee: $200
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 320
  • Parking Space Count: 10
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 1,507,612
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: PRICE REASE
  • Land Acres: 0000034610
  • Standard Land Use Code: 2000
  • County Land Use Code: E3
  • State Land Use Code: E3
  • Legal Description 1: A0822 PRICE REASE, TRACT SS, ACRES 34.61

Neighborhood

  • School District Name: Quinlan Independent School District
  • Census Tract: 961600

Geography

  • Assessors Map Reference: 313-V
  • Subdivision Tract Number: SS
  • Parcel: 32480
  • Lot: SS
  • Municipality: QUINLAN
  • Latitude: 32.8678
  • Longitude: -96.0803

    Address

  • Full Address: 1981 Underwood Dr
  • Address - House Number: 1981
  • Address - Street Name: Underwood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Quinlan
  • Carrier Code: R009
  • 4-Digit Zip Code: 4745
  • Zip Code: 75474

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $285,946
  • Tax Rate Code Area: SQL

    Market Valuation

  • Market Total Value: $991,770
  • Market Land Value: $902,620
  • Market Improvement Value: $89,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,680
  • Assessed Land Value: $106,530
  • Assessed Improvements Value: $89,150

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hunt


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9850 Kathy Lynn Place, Quinlan, TX, 75474

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,816 ft²
9850 Kathy Lynn Place, Quinlan, TX, 75474 Listing by Jessica Anderson
Unit for rent at 9580 Brockrim Lane, Quinlan, TX, 75474

$3,500 /mo

  • 5 Beds
  • 4 Baths
  • 3,790 ft²
9580 Brockrim Lane, Quinlan, TX, 75474 Listing by Jennifer Martinez
Unit for rent at 10481 Private Road 3709, Wills Point, TX, 75169

$1,500 /mo

  • 2 Beds
  • 2 Baths
  • 930 ft²
10481 Private Road 3709 #11, Wills Point, TX, 75169 Listing by Adrian Saenz


Frequently Asked Questions

When was property at 1981 Underwood Drive built and last sold?
The property at 1981 Underwood Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1981 Underwood Drive is $580,750.
What are some comparable homes to 1981 Underwood Drive?
There are currently no comparable homes to 1981 Underwood Drive.