Good Opportunity under 400k
If you are in the market for Lake LBJ real estate or Sunrise Beach real estate, check out 411 Circle Drive is an excellent opportunity that I think could be purchased for under 400k. This property sits on a .42 acre lot with 100 feet of waterfront, at the mouth of channel just off the main body on Lake LBJ. The property has beautiful views and a nice sized yard and boat house.
The interior of the property needs a remodel but with a very open layout, open kitchen and master down this property could easily be made into a very fine waterfront property on Lake LBJ. The property has popcorn ceilings and is kept very dark by the owner.
Just removing the owner’s stuff from the property would make all the difference in the world and would increase the value by 25k instantly. The property is listed for 420k but I imagine that it could easily be bought for under 300k.