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$499,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Units
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Welcome to Cabins by the Lake a rare income-producing retreat near Lake O the Pines! This versatile property on 3.84 acres 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
  • Taxes: $4,418 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Tyler_MLS
  • MLS ID: 25015301
  • Updated: 2/3/2026
  • Added to Site: 140 day(s) ago

Interior

  • Interior Features: Ceiling Fan
  • Fireplace(s): None
  • Appliances: Range/Oven-Electric, Microwave

Rooms

Bathrooms

  • Total Bathrooms: 5

Exterior

  • Exterior Features: Patio Covered, Other/See Remarks, Porch

Parking

  • Parking: 1 Or More Per Unit

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

  • Elementary School: Jefferson
  • Middle School: Jefferson
  • High School: Jefferson

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Other/See Remarks

Utilities

  • Sewer: Other/See Remarks
  • Water: Well
  • Metering: Other/See Remarks

Structural Information

  • Exterior Const.: Wood/ Frame
  • Foundation: Pier and Beam
  • Roof: Aluminum/Metal
  • Square Feet: 3,253
  • Sq. Ft. Source: TAX RECORD
  • Year Built: 1980

Unit Information

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 3.84
  • Driveway/Sidewalk: Other Driveway
  • Zoning: Single Family
  • Fencing (Description): Stone

Financial Considerations

  • Tax Amount: $4,418
  • Tax Year: 2024
  • Terms: Cash, Conventional, Land Bank, Must Qualify
  • Landlord Pays: Other/See Remarks
  • Tenant Pays: Other/See Remarks

Disclosures and Reports

  • Special Conditions: Other/See Remarks

Listed by Texas Farms & Ranches, Mark Coleman

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Listing agent

— 8880 Fm 729 —

  • Mark Coleman

    Texas Farms & Ranches

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
1/15/2026
Price Reduced
$499,000
-7.58%
MLS
11/07/2025
Price Reduced
$539,900
-1.84%
MLS
10/15/2025
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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8880 Fm 729, Avinger, TX 75630 (MLS# 25015301) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 8880 Fm 729 is currently listed for $499,000 and was received on October 15, 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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