NOT LISTED FOR SALE

8571 W Fm 515 Yantis, TX 75497

Estimated Value: $808,000 - $1,085,000

3 Beds
5 Baths
4,429 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 07, 2025

Current estimated payment $5,506/month

49 Days on Market

Highlights

  • Boathouse
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Waterfront
  • Traditional Architecture
  • No HOA

About This Home

As of April 2025

Great water, great trees, great view, great location! Well-designed 4000 SF home on 4.8 deeded acres plus approximately 1.8 leaseback acres with over 300’ of shoreline on world-famous Lake Fork. With a long private drive directly off FM 515, you’ll thoroughly enjoy this casual but a bit rustic home with many upscale features, such as real Chicago brick and amazing terracotta tile!! Plus, a circular drive and porte cochere. Conceived and built to accommodate large gatherings, this home features a large kitchen area with plenty of workspace & storage plus a breakfast nook adjacent to the more formal dining room – solarium for larger crowds. The formal living area shares a see-thru WBFP and wet bar with the family – game room both with built-ins, high ceilings, recessed lighting, sky lights, and ceiling fans. The huge master suite is off the formal living area with an equally large master bath with 2 closets…dual sinks…separate shower and jet tub plus dressing table. The upstairs begins with a large landing with a sliding door out to the balcony overlooking the lake and the vast backyard. There are 2 additional rooms upstairs…one en-suite bedroom plus an oversized room with great views for use as a 2nd master suite or dormitory! The entire house features large vertical single frame Anderson windows for great views. Outside there’s an oversized concrete pad used for a basketball court, dance floor, and general entertaining. There are 2 covered storage buildings for boats and equipment too. At the waterfront is a large stationary dock with metal roof plus open cantilevered deck over the water plus an adjustable bridge to a Mecco-built 2-slip galvanized steel floating dock with metal roof. Centrally located on the lake…you are only minutes to the main body of the lake!! Bring a few or bring a lot of friends and family…OWNER FINANCING available with significant down payment. Many furnishings may convey with acceptable offer!

Last Agent to Sell the Property

Paul Tibbets

Signature Properties, LLC-Lake Fork License #0538156 Listed on: 01/14/2025

Co-Listed By

Linda Burns

Signature Properties, LLC-Lake Fork License #0572269

Last Buyer's Agent

Paul Tibbets

Signature Properties, LLC-Lake Fork License #0538156 Listed on: 01/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,453

Year Built

  • Built in 1988

Lot Details

  • 4.8 Acre Lot
  • Waterfront
  • Sprinkler System
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 4,429 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace Features Blower Fan
  • See Through Fireplace
  • Brick Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room
  • Two Living Areas
  • Formal Dining Room
  • Game Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Double Vanity
  • Bathtub with Shower

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Boathouse
  • Covered patio or porch
  • Outdoor Storage
  • Rain Gutters

Schools

  • Yantis Elementary And Middle School
  • Yantis High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Co-Op Water
  • Multiple Water Heaters
  • Electric Water Heater
  • Aerobic Septic System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,453

Year Built

Built in 1988

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 8571 FM 515
  • Second Address Number: 8571
  • LakeCommunity: No
  • Unit Levels: 2 Stories
  • HOAClubYN: No
  • PrimaryType: Single Family Detached
  • PublicRemarksAmenities: Great water, great trees, great view, great location! Well-designed 4000 SF home on 4.8 deeded acres plus approximately 1.8 leaseback acres with over 300’ of shoreline on world-famous Lake Fork. With a long private drive directly off FM 515, you’ll thoroughly enjoy this casual but a bit rustic home with many upscale features, such as real Chicago brick and amazing terracotta tile!! Plus, a circular drive and porte cochere. Conceived and built to accommodate large gatherings, this home features a large kitchen area with plenty of workspace & storage plus a breakfast nook adjacent to the more formal dining room – solarium for larger crowds. The formal living area shares a see-thru WBFP and wet bar with the family – game room both with built-ins, high ceilings, recessed lighting, sky lights, and ceiling fans. The huge master suite is off the formal living area with an equally large master bath with 2 closets…dual sinks…separate shower and jet tub plus dressing table. The upstairs begins with a large landing with a sliding door out to the balcony overlooking the lake and the vast backyard. There are 2 additional rooms upstairs…one en-suite bedroom plus an oversized room with great views for use as a 2nd master suite or dormitory! The entire house features large vertical single frame Anderson windows for great views. Outside there’s an oversized concrete pad used for a basketball court, dance floor, and general entertaining. There are 2 covered storage buildings for boats and equipment too. At the waterfront is a large stationary dock with metal roof plus open cantilevered deck over the water plus an adjustable bridge to a Mecco-built 2-slip galvanized steel floating dock with metal roof. Centrally located on the lake…you are only minutes to the main body of the lake!! Bring a few or bring a lot of friends and family…OWNER FINANCING available with significant down payment. Many furnishings may convey with acceptable offer!
  • OFFICELIST_STATE: TX
  • Building Style: Traditional
  • Water Company: Lake Fork Water
  • YearOfConstruction: 1988
  • HistoricalDistrictYN: No
  • HistoricalHomesDesignationYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Primary Bathroom: Shower and Jetted Tub, Double Lavatory, Separate Walk-In Closets, Ceramic Tile
  • Master Bedroom: Master Bedroom Split, Master Bedroom Downstairs, Walk-In Closet
  • Number of Dining Areas: Separate Formal Dining, Kitchen/Eating Combo, Breakfast Bar
  • Energy Efficiency: Double Pane Windows
  • Fireplace: One Wood Burning, Blower Fan, Brick, See Through
  • Flooring: Carpet, Tile
  • Interior Amenities: Wet Bar, Ceiling Fan, Skylight(s), Blinds
  • Kitchen Equipment: Dishwasher, Disposal, Pantry, Double Oven, Cooktop-Electric, Island
  • Master Bedroom: Game Room, Family Room, Utility Room, 2 Living Areas
  • Source of Sq Ft: appraisal

Exterior Features

  • Exterior Construction: Brick Veneer, Concrete Based Siding
  • Fencing: None
  • Exterior: Patio Open, Patio Covered, Sprinkler System, Gutter(s)
  • Foundation: Slab
  • Lake Name: Lake Fork
  • Out Buildings: Storage Building(s), Boat House
  • Pool/Spa: None
  • Roof: Composition
  • Waterfront: Yes
  • Water View: No

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Spaces: 2
  • Garage/Carport Description: Door w/Opener w/Controls, Front Entry

Utilities

  • Cooling: Central Electric, Zoned-3 or more
  • Heating: Central/Electric, Zoned
  • Sewer: Aerobic Septic Sys
  • Hot Water: Cooperative
  • Water Heater: Standard-Electric, 2 or more Units

Fee Information

  • Tax Class: RESIDENTIAL
  • Taxes: 9453

Schools

  • Elementary School: Yantis
  • Middle School: Yantis
  • High School: Yantis
  • Elementary School: Yantis
  • High School: Yantis
  • Middle School: Yantis

Lot Info

  • Lot/Land Description: Water/Lakefront, Wooded
  • Total Acres: 4.8

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Apr 4, 2025
Sold by
Casselman Scott E and Casselman Danna K
Bought by
Lachner Michael J and Lachner Carol A
Seller's Agent
Paul Tibbets
Signature Properties, LLC-Lake Fork
Buyer's Agent
Paul Tibbets
Signature Properties, LLC-Lake Fork
List Price
$899,000
Total Days on Market
49
Views
344
Current Estimated Value
$891,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$783,750
Outstanding Balance
$783,750
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$62,980

Purchase Details

Closed on
Dec 30, 2011
Sold by
Collier Joan Lee Tibbets and Tibbets Adam Cole
Bought by
Casselman Scott E and Casselman Danna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.5%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lachner Michael J -- Wood County Title
Casselman Scott E -- Wood County Title Comany
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lachner Michael J $783,750
Previous Owner Casselman Scott E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold -- -- --
03/04/2025 03/04/25 Pending -- -- --
02/26/2025 02/26/25 Price Changed $849,000 -5.6% $192 / Sq Ft
01/14/2025 01/14/25 For Sale $899,000 -- $203 / Sq Ft
Source: Greater Tyler Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,872 $824,410 $261,360 $563,050
2023 $6,260 $804,410 $230,370 $574,040
2022 $6,718 $593,160 $186,170 $406,990
2021 $6,525 $491,540 $186,170 $305,370
2020 $6,331 $410,170 $72,940 $337,230
2019 $6,592 $383,520 $72,940 $310,580
2018 $6,301 $364,240 $83,880 $280,360
2017 $6,274 $360,430 $80,070 $280,360
2016 $6,274 $360,430 $80,070 $280,360
2015 -- $360,430 $80,070 $280,360
2014 -- $360,430 $80,070 $280,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 25000623

Greater Tyler Association of REALTORS®

APN: R52608