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    926 Cypress Dr Karnack, TX 75661

    For Sale
    $535,000

    Unique Waterfront Property, AirBnB Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents 1.882 acres of waterfront land on a channel directly connecting to Caddo Lake in Karnack, Texas. The property includes four charming, New Orleans-style waterfront guest cabins currently operating as a successful AirBnB. Each cabin features a private living area, bathroom, TV, mini-fridge, coffee maker, and a king-sized bed. A central lodge provides a fully equipped kitchen, half-bath, and utility closet with washer and dryer. The property boasts a private boat ramp for easy access to Caddo Lake, perfect for kayaking, canoeing, and boating. The asking price is $535,000, and owner financing is available with 25% down payment on an acceptable offer. This turnkey operation offers significant income potential and a unique lifestyle opportunity in a desirable waterfront location. The property is zoned for commercial and warehouse use, offering flexibility for future development. Located at 926 Cypress Dr, Karnack, TX 75661, this property presents a rare chance to acquire a thriving business and prime waterfront real estate. The square footage of the buildings is not currently specified.

    Property Features for 926 Cypress Dr

    General Information

    Property type
    Distribution properties

    HighLights

    • $535,000 asking price.
    • Industrial land and warehouse property in Karnack, TX.
    • Located at 926 Cypress Dr, Karnack, TX 75661.
    • 1.88 acres of waterfront land on Caddo Lake.
    • Four waterfront guest cabins currently operating as an Airbnb.
    • Owner financing available with 25% down.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lafitte's Landing Guest ... Bed & Breakfast

    Suggested Use

    Restaurant Realty agency Storage Facility Convenience Store Breakfast Hotel & Motel Bed & Breakfast Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Karnack
    County
    Harrison
    State
    Texas
    Longitude
    -94.1256206
    Latitude
    32.7174125

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      Caddo Lake Waterfront Investment

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    FAQs

    What type of property is this?
    Distribution property - Unique Waterfront Property, AirBnB Potential
    Where is this distribution property located?
    The property is located at 926 Cypress Dr Karnack, TX.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: $535,000 asking price.; Industrial land and warehouse property in Karnack, TX.; Located at 926 Cypress Dr, Karnack, TX 75661.
    Request Owner's contact information
    926 Cypress Dr Karnack, TX 75661
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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
    926 Cypress Dr Karnack, TX 75661
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