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$499,000 -$40,900 (-7.58%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 7 Units
  • 8 Total Beds
  • Updated 2 days ago
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Welcome to Cabins by the Lake - a rare income-producing retreat near Lake O' the Pines! This versatile property on 3.84acres offers endless potential for investors or families seeking a peaceful escape. The main home features 2 bedrooms and 2baths, full of rustic charm and modern comfort. Surrounding it are six 1-bedroom, 1-bath cabins - two recently updated with new flooring, paint, and modern finishes. All cabins are currently leased long-term, providing immediate cash flow, yet the setup also works beautifully for short-term rentals or Airbnb. With room to expand, you could easily add more cabins, RV hookups, or outdoor recreation areas to increase income potential. The property also includes three storage buildings and one RV hookup already installed. Whether you envision a family compound, lakeside getaway, or investment with multiple income streams, this property delivers flexibility and opportunity in one package. Just minutes from Lake O' the Pines, this is your chance to own a truly special retreat. Schedule your private showing today and see how "Cabins by the Lake" can bring your vision to life!

Full Property Details for 8880 Fm 729

General

  • Price: $499,000
  • Status: Active
  • Type: Multi-Family
  • Source: NTREIS
  • MLS ID: 21088630
  • Updated: 3/2/2026
  • Added to Site: 139 day(s) ago

Interior

  • Interior Features: Other
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Exterior Features: Other
  • Porch/Patio/Deck: Front Porch

Parking

  • Carports: Yes
  • Total Spaces: 12
  • Parking Features: Carport

Location

  • County: Marion
  • Subdivision: NA
  • Driving Directions: HWY 49 - HWY 59 - W 49 - L on 729 - Cross over Johnson Creek property on R.

School Information

  • Elem School District: Jefferson ISD
  • Midd School District: Jefferson ISD
  • High School District: Jefferson ISD
  • Elementary School: Jefferson ISD Schools
  • Middle School: Jefferson ISD Schools
  • High School: Jefferson ISD Schools

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Other

Utilities

  • Water: Well
  • Well: Yes
  • Utility Description: Other, Water Available

Structural Information

  • # Buildings: 6
  • Detached/Attached: Detached
  • Construction: Frame, Wood Siding
  • Roof: Metal
  • Stories/Levels: 1
  • Square Feet: 3,253
  • Sq. Ft. Source: Public Records
  • Year Built: 1980

Lot Features

  • Lot Size (Acres): 3.84
  • Lot Size (Sq. Ft.): 167,270.4
  • Lot Features: Landscaped, Few Trees
  • Fencing (Description): Other

Financial Considerations

  • Terms: Cash, Conventional, Other

Disclosures and Reports

  • Legal Description: ABST 383
  • Disclosures/Rstr.: Other
  • Property ID: 7206/7222

Listed by TX Farms & Ranches/Park Villag, Mark Coleman

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Listing agent

— 8880 Fm 729 —

  • Mark Coleman

    TX Farms & Ranches/Park Villag

903-759-1600

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 8880 Fm 729 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/02/2026
Price Reduced
$499,000
-7.58%
MLS
11/07/2025
Price Reduced
$539,900
-1.84%
MLS
10/16/2025
Listed
$550,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8880 Fm 729

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,846
27%
$296,720
—
2022
$3,032
—
$297,790
8%
2022
$3,032
—
$275,180
43%
2022
$3,032
-8%
$192,090
-1%
2021
$3,306
—
$194,060
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by TX Farms & Ranches/Park Villag, Mark Coleman

8880 Fm 729, Avinger, TX 75630 (MLS# 21088630) is a Multi-Family property with 7 units containing 8 bedrooms and 8 full bathrooms. 8880 Fm 729 is currently listed for $499,000 and was received on October 16, 2025. Want to learn more about 8880 Fm 729? Do you have questions about finding other Multi-Family real estate for sale in Avinger? You can browse all Avinger real estate or contact a Coldwell Banker agent to request more information.

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