250 County Road 2302 Rusk, TX 75785
- Hospitality properties
- 2.33 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 250 County Road 2302
- Lot size
- 2.33 lot acres
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rusk
- County
- Cherokee
- State
- Texas
- Longitude
- -95.1624
- Latitude
- 31.7751
