5523 Ehrman Lake Lane

Wallis, TX 77485
$17,000,000

Description

This turnkey ranch presents an opportunity to own nearly 200 acres with almost a mile of SH-60 frontage & less than an hour commute from Houston. With river and lakeside frontage, it is rich in recreational, hunting, and fishing opportunities. The meticulously maintained driveway is lined with oak trees & leads to an Airbnb/VRBO income-producing residence on a large private lake. The home features ranch-style decor, 4 bedrooms, 2 bathrooms. Nearby, a 3 bedroom guest house offers additional accommodations. Guests enjoy exclusive beach access and various outdoor amenities. It is secured by double automatic iron gates and includes a caretaker's 4 bedroom residence; a 2 bedroom barndo w/workshop and flex space; partially high fenced with exotics. An 850-foot deep, 12" 3 stage commercial-grade water well supports irrigation & lake maintenance. Potential as a primary residence, company retreat, or commercial ventures like storage units/RV park. Offered below current appraisal.

  • Property Details
      • Property type:Purchase
      • MLS #:1814870
      • Cost:17000000
      • Property subtype:Farm/Ranch
      • MLS #:1814870

Location

Courtney WilleyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00