578 County Road 1297
About This Property
Experience the best of Lake Fork living with this beautiful 3-bedroom, 2-bath waterfront home with a spacious loft, perfectly situated on deep water in one of the area's most peaceful and desirable neighborhoods. Whether you're searching for a full-time residence, a weekend getaway, or a turnkey investment property, this home has it all-and no HOA!
Step outside to an expansive deck overlooking the water, ideal for entertaining, relaxing, or taking in breathtaking sunrises and sunsets. The property features a covered boathouse with a boat lift, an additional covered boat slip, and a new bulkhead , providing everything you need for effortless days on the lake.
Inside, the home comes fully furnished, making it truly move-in ready. The open-concept living spaces, comfortable bedrooms, and versatile loft provide plenty of room for family and guests. A new roof in 2016 and 2 new AC units in 2021 makes this home efficient and worry free.
Located on world-famous Lake Fork, known for exceptional bass fishing and year-round recreation, this property offers endless opportunities to enjoy lake life. Use it as your personal escape, a family vacation home, or take advantage of its excellent income potential as a short-term rental or Airbnb.
Don't miss this rare opportunity to own a turnkey waterfront property on one of Texas' premier lakes!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$625,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Jul 16, 2026 | Listed by Ebby Halliday Realtors | $635,000 | |
| Listed by Ebby Halliday Realtors | |||
| Oct 12, 2021 | Sold | ||
| Sold | |||
| Aug 28, 2021 | Listed by Century 21 Lake Country | $499,500 | |
| Listed by Century 21 Lake Country | |||
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Rustic lake home on Lake Fork! Liv area has vaulted wood ceiling, stone WBFP, & wall of windows. Kit with island with smooth top burners, built-in oven, microwave, butlers pantry. Master has view of lake, bath, walk-in closet, double sinks, jetted tub & walk-in shwr. Upstairs loft makes great game room for the family Huge deck overlooks the backyard & storage below. 12X20 workshop, workbench & window AC unit. Sin bthouse, lift, pull up dr, walkway to covered single slip, wood retaining wall. Extra deep concrete drive & parking area, trees & sprinkler system covers front, side & half of the backyard. New, 2 systems, 16 seer hvac. Lake Fork home with excellent fishing, fabulous views & established subdivision.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017