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    61 Open Water Way Streetman, TX 75859

    For Sale
    $285,500

    Unimproved Land - Streetman, TX

    Type:Unimproved Land
    Lot size:
    1.22 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 10 at 1:06 am

    Property Features for 61 Open Water Way

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    66240
    Lot size
    1.22 Acres

    Taxes and HOA fees

    Expense value
    1000
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Water front features
    Lake Front, Lake Front – Main Body, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    RE/MAX LakeSide Dreams (903) 874-0001 [email protected]

    Listing agent Julie Teel (903) 874-0001 License #0380798

    Listing date Oct 22, 2025

    MLS# 20918161 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Lot in Gated Community

    This 1.22-acre waterfront lot is located in the gated community of Southpoint on Richland Chambers Lake. The cleared lot offers views and is suitable for building a home. Southpoint provides amenities such as a private boat ramp for lake access and a swimming pool with a spacious pavilion area. A one-story home built on the lot must be a minimum of 1,600 square feet, while a two-story home must be a minimum of 2,000 square feet. The property offers access to lake life in a rural setting.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Streetman
    County
    Freestone
    State
    Texas
    Longitude
    -96.24319875
    Latitude
    31.95655171

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 1.22-acre waterfront lot in Southpoint community with lake access.
    Where is this land located?
    The property is located at 61 Open Water Way Streetman, TX.
    What is the asking price?
    The asking price for this property is $285,500.
    What are key features of this property?
    This property features: - 1.22-acre waterfront lot on Richland Chambers Lake; - Located in the gated community of Southpoint; - Cleared lot with panoramic lake views
    (903) 874-0001
    Request Owner's contact information
    61 Open Water Way Streetman, TX 75859
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    Streetman, TX 75859
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    61 Open Water Way Streetman, TX 75859
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