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5523 Ehrman Lake Ln - Residential/Retreat/Flex Space

2,560 SF Speciality Building Offered at £13,301,650 in Wallis, TX 77485

Investment Highlights

  • Airbnb/VRBO income producing residence
  • Potential private residence, company or church retreat, or commercial venture
  • 15 Acre Private lake

Executive Summary

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 15-acre
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 or church retreat, or commercial ventures like storage units/RV park.
Offered below current appraisal.

Property Facts

Price £13,301,650
Price Per SF £5,196
Sale Type Investment
Property Type Speciality
Property Subtype Residential Income
Building Class C
Lot Size 184.77 AC
Building Size 2,560 SF
Number of Floors 1
Year Built 1963
Corridor Interior

Amenities

  • Air Conditioning
  • Listing ID: 32960050

  • Date on Market: 26/08/2024

  • Last Updated:

  • Address: 5523 Ehrman Lake Ln, Wallis, TX 77485

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