464 COUNTY ROAD 262

Mico, TX 78056
$650,000
1554 sqft | 3 beds | 3 baths | 2.93 acres | #1809892

Description

Ask about the VA assumable loan at a very attractive interest rate. Medina Lake has been called some of the most beautiful Rural Real Estate in the state of Texas. When the trees bloom, you get the beauty of the Texas Hill Country and in the deep-water areas of Mico, TX on the lake, the water views are breathtaking. Located on the Masterson's Point Peninsula this property features (3) structures at one of the highest points on Medina Lake. Structure #1 (main structure) is a 1,289 sq. ft. structure on a pier and beam foundation with a downstairs bedroom with a full bath and a loft upstairs that fits a bed on each side with a shared full bathroom. The downstairs features a large living room/dining room with an open floor plan, a 20' peak, vaulted stained wood ceiling with large picture windows facing the lake. This structure also features a 34' x 9' wood deck facing North toward the lake. Structure #2 is a Cabin featuring a 264 sq. ft. studio including a full bathroom and the other 119 sq. ft of the cabin is a second utility room/storage. This structure needs a kitchenette to be complete but is a livable space with a functioning window unit. Structure #3 is a newly added 40'x 30' metal building on a slab foundation at the top of the hill closer to the entrance gate. One garage door is oversized to fit a boat on a trailer and the second garage door is a standard single-car garage door. There is an approx. 10' x 30' section that is framed with utilities run for a studio living space, a bathroom, and a closet. This building also has a covered front porch and a gorgeous stained concrete pad featuring a Cowboy hot tub and fire pit. In addition the property features a partial security fence with a rolling gate, a paved asphalt road from the street to all three structures, a newly installed 900' well, a fenced-off chicken coup, a garden, xeriscaping, a 20' x 20' metal roofed Gazebo with a fan and solar powered lights, paved stairs from the main structure that lead to one of the few concrete bullheads that were allowed on Medina lake that sits right at the peak water line. Also included is a steel boat dock, with a metal roof, a jet ski pad, lights and a boat lift as seen in the pictures. NOTE: This is an irrigation lake and lake levels do flucutate.
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  • Property Details
      • Bedrooms:3
      • Bathrooms:3
      • Full Baths:3
      • Pool:N
      • Acres:2.931
      • Square Feet:1554
      • Property type:Purchase
      • Style:Two Story, Texas Hill Country
      • Year built:1997
      • Subdivision:A0522
      • School district:Medina Valley I.S.D.
      • Elementary School:Medina Valley
      • Middle School:Medina Valley
      • High School:Medina Valley
      • MLS #:1809892
      • Cost:650000
      • Property subtype:Single Family Detached
      • MLS #:1809892

Location

Amy RitchieReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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