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$75,000

Beds
1
Baths
1.0
sq ft
725

1221 Lake Franklin Dr, Winnsboro, TX 75494

1221 Lake Franklin Dr

Winnsboro, TX 75494

  • 7 days on market
If you are looking for a weekend retreat or full-time escape, this quaint cabin located on private Lake Franklin (The Winnsboro Fishing & Hunting Club) in the beautiful Piney Woods of East Texas just might fit the bill! The cabin has everything you need to rest and relax surrounded by wildlife, waterfowl, & trees with an open living/dining/kitchen and spacious bedroom with walk-in closet and full bath. The covered front porch is just the place to enjoy your morning coffee. The 100 acre spring-fed lake has been stocked with hybrid Brim and Bass with no jet skis to disturb the peaceful sounds of nature. The cabin is close to the community club house with fishing pier. The purchase will include one share of stock in the Winnsboro Fishing & Hunting Club and the improvements on the land. The buyers do not own the land, which is owned by the Club. The buyer will be buying the structures, along with stock ownership with an undivided interest in about 300 acres including the 100 acre spring-fed lake. Applicants must be approved by the Board for membership prior to closing on the house. Buyers will not pay property taxes but will pay personal property taxes on the house and other structures.

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

$104

Year built

Unknown

Annual property taxes

$1,147.9

Monthly HOA fee

$45.83

Price History

03/26/2025
TylerTX

TylerTX #25004505

Listed
$75,000

Schools & Community

Elementary school: 

Winnsboro

Middle school: 

Winnsboro

High school: 

Winnsboro

Seller’s Loan History

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

Lender

First National Bank

Loan start date

October 2015

Original loan amount

$47,920

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Purchase Money Mortgage, 15 year

Seller

James N Solomon and Jennifer Solomon

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: 04/03/2025 at 3:15 AM

Listing updated: 03/26/2025 at 3:31 PM

Listed by: Anna White, Clements, REALTORS®

MLS: TylerTX #25004505

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