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250 County Road 2302 Rusk, TX 75785

Sponsored
For Sale
$250,000

Waterfront Cabin, High ROI

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional two-story waterfront cabin in Rusk, Texas, presents a lucrative investment opportunity. Situated on a 2.33-acre private lake lot, this fully equipped, income-producing property boasts stunning lake views and desirable outdoor amenities including a grill, fishing poles, and boats. Currently operating as a successful Airbnb, it offers a strong rental history and a 10% capitalization rate, generating a net operating income (NOI) of $25,000 annually. The asking price is $250,000, representing a fee simple ownership. Located just outside the charming town of Rusk, the cabin provides a tranquil retreat while remaining conveniently close to local amenities. The property's prime location, coupled with its high rental demand and fully equipped interior, ensures a steady income stream and significant potential for appreciation. The property is zoned outside city limits. This turnkey operation is ideal for investors seeking a high-return, low-maintenance investment in a desirable Texas location. The combination of natural beauty, convenient location, and strong rental income makes this a truly exceptional opportunity.

Property Features for 250 County Road 2302

General Information

Property type
Hotels
Lot Size
101,495 SF

Building Details

Buildings
1
Stories
2

HighLights

  • Prime location: Waterfront cabin on a 2.33‑acre private lake lot in Rusk, TX, offering seclusion and proximity to local amenities.
  • Strong rental demand: Successful Airbnb with a proven rental history.
  • High return on investment: 10% capitalization rate, $25,000 annual NOI, $250,000 asking price.
  • Turnkey operation: Fully furnished and equipped cabin, minimizing upfront costs for investors.
  • Desirable amenities: Lake views, fishing, boating, and grilling.
  • Growth potential: Located in a growing area with projected income increases.
Property Profile Location Intelligence

Current Use by Public Records

Hotels

Map

City
Rusk
County
Cherokee
State
Texas
Longitude
-95.1623684
Latitude
31.7750976

FAQs

What type of property is this?
Hotel - Waterfront Cabin, High ROI
Where is this hotel located?
The property is located at 250 County Road 2302 Rusk, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime location: Waterfront cabin on a 2.33-acre private lake lot in Rusk, TX, offering seclusion and proximity to local amenities.; Strong rental demand: Successful Airbnb with a proven rental history.; High return on investment: 10% capitalization rate, $25,000 annual NOI, $250,000 asking price.
More about this property
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