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ACTIVEsingle familyvia mls

15 Aspen Road

Galena, MO, 65656

4 bd2 ba1,730 sqftBuilt 1996

Listing courtesy of United Country-Cozort Realty, Inc. · (417) 264-7288 · MLS# SOM60325582

List price

$499,900

$289/sqft

Listing description
Welcome to 15 Aspen Road in Galena, Missouri--a rare opportunity to own 2.11 acres with breathtaking views of Table Rock Lake. Nestled in the desirable Jackson Hollow area, this unique property offers the perfect combination of privacy, natural beauty, and potential. The property features a 4-bedroom, 2-bath home with approximately 1,730 square feet of living space, an attached 2-car garage, and a large sunroom. While the home is in need of repairs and updates, it presents an excellent opportunity for investors, renovators, or buyers looking to create their own lake-view retreat. With a solid footprint and an unbeatable setting, this fixer-upper offers tremendous upside potential. A large steel workshop with electricity provides ample space for storage, hobbies, equipment, boats, or recreational vehicles. The property consists of four parcels totaling 2.11 acres, offering room to expand, build, or simply enjoy the privacy and beauty of the Ozarks. Utilities are already in place, including electricity, shared well, and septic, adding value and convenience for future improvements. Whether you're looking for a renovation project, investment opportunity, vacation getaway, or full-time residence, the possibilities are endless. Located just a short drive from Branson and surrounded by the natural beauty of Table Rock Lake, this property combines incredible views, acreage, existing improvements, and outstanding potential. Bring your vision and transform this diamond in the rough into something truly special.
Financial analysis

Adjust the assumptions to see live results. Defaults are Branson-area estimates and will be refined with local data.

Short-term rentals aren't permitted here, so this is underwritten as a long-term rental — monthly rent and vacancy instead of nightly rate and occupancy.

Monthly cash flow

-$1,557

Cap rate (all-in)

2.4%

Cash-on-cash

-11.6%

DSCR

0.41

Est. annual revenue$23,272
Property tax($4,999)
Insurance($2,000)
Utilities($0)
HOA($0)
Management($1,862)
Maintenance reserve($1,164)
Total operating expenses($10,024)
Net operating income$13,248
Down payment$99,980
Renovation budget$60,550
Total cash invested$160,530
All-in cost$560,450
Loan amount$399,920
Monthly payment (P&I)$2,660.68
Annual debt service($31,928)
Annual cash flow-$18,680

This listing reads as a fixer, so we seeded a rough renovation budget to keep the cap rate honest — the low list price isn't a bargain if it needs work. It's only an estimate; replace it with a contractor bid to see your real return.

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Sydney Shepherd can confirm subdivision rules, HOA restrictions, and realistic revenue for this property.

Projections and scores are estimates for informational purposes only — not financial, investment, tax, or legal advice. Branson-area defaults are starting points; confirm local rules, rates, and revenue before making any decision.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Keller Williams Tri-Lakes are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2019 Southern Missouri Regional MLS, LLC. All rights reserved.

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