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$465,000

Beds
2
Baths
2.0
sq ft
2,006

11311 W Lake Dr, Murchison, TX 75778

11311 W Lake Dr

Murchison, TX 75778

  • <1 day on market
Enjoy amazing lake views from this pristine waterfront home at Echo Lake (TX40) airpark community. This modern 2-story home boasts I-beam, steel frame construction, 15" thick walls and a standing seam metal roof. Fresh updates include LVP flooring throughout the home, modern kitchen updated with new double sink, custom cabinetry, stainless Kitchen Aid appliances and a double oven. Panoramic views from the primary suite. Primary bath includes walk-in closet, double vanities, a walk-in shower and a private water closet. Split floor plan offers a spacious guest room next to the main bath with tub/shower combo and oversized laundry room. Step down into the family room featuring floor to ceiling custom cabinetry with shelving & a wall of windows. The all season enclosed sunroom (with AC) has amazing lake views, outdoor access from every side and a decorative concrete floor. Walk outside to a patio and newly added composite deck for your morning coffee, evening glass of wine or to enjoy entertaining! Other amenities of this home include an oversized attached 2-car garage and an additional detached single car garage/workshop, smart screen gutters, lake irrigation system for sprinklers, and a huge fenced back yard that follows the property lines down almost to the water. Current owner works from home with Spectrum fiber optic internet. The community has so much to offer including a 180-acre bass fishing lake, a private airstrip (TX40) with hangar lots available, community horse pasture and barn, shooting range, walking trails, wildlife and incredible views in every direction. Be sure to check out the virtual home tour and the drone tour of the community.

Details

Property type

Single Family Residence

Est. home value

$437,574

Lot size

0.69 acres

Price per sq ft

$232

Year built

2000

Annual property taxes

$4,632

Monthly HOA fee

$97.92

Price History

01/11/2025
TylerTX

TylerTX #25000519

Listed
$465,000
09/02/2020
NTREIS

NTREIS #14379903

Removed

Schools & Community

Elementary school: 

Brownsboro

Middle school: 

Brownsboro

High school: 

Brownsboro

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$167,290
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$260,510
Cash to seller
$167,290

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

September 2020

Original loan amount

$288,000

Est. remaining balance

$260,510

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Karen Brooks and John Boucher

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/11/2025 at 10:50 AM

Listing updated: 01/10/2025 at 9:13 PM

Listed by: Lisa B Alston, Newberry Real Estate

MLS: TylerTX #25000519

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