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ACTIVEsingle familyvia mls

257 Elm Point Lane

Kimberling City, MO, 65686

3 bd2 ba1,400 sqftBuilt 1974

Listing courtesy of EXP Realty LLC · (866) 224-1761 · MLS# SOM60317562

List price

$480,000

1% price cut$485,000

$343/sqft

Listing description
Experience true lakefront living on Table Rock Lake, just minutes from Joe Bald Park, in the desirable Hoot Owl Point subdivision. Nestled in a peaceful cove and surrounded by abundant wildlife--including frequent visits from deer and fox families--this property offers the perfect blend of nature, privacy, and convenience.Enjoy stunning lake views with direct water access and a vegetation permit in place to preserve your view for years to come. Outdoor living shines with an oversized covered deck featuring a propane hookup--ideal for grilling and year-round enjoyment--as well as a custom stone patio with fire pit and outdoor shower, all adjoining Corps property for added privacy.Inside, the home features a bright open floor plan with extensive hardwood flooring throughout (no carpet), a cozy gas log fireplace, and a completely remodeled kitchen with new cabinetry, quartz countertops, and black stainless appliances. New windows and sliding doors maximize natural light and lake views, while a high-efficiency 17 SEER heat pump ensures comfort and low utility costs. Community water service adds additional efficiency and affordability.The current owner's 10x28 boat slip with lift and two PWC ports, located just adjacent to the property, is available for additional purchase (along with a boat and two PWCs). The home is being sold fully furnished--including appliances and stainless grill--making this a true turnkey lake retreat.Additional highlights include a spacious walkable crawlspace for convenient storage of lake toys, fiber optic internet through White River Connect, and a recently repaired foundation with a transferable warranty for added peace of mind.Whether you're seeking a full-time residence, vacation escape, or investment opportunity, this is a rare chance to own a fully equipped lakefront property in one of Table Rock Lake's most sought-after areas.
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

-$1,613

Cap rate

2.4%

Cash-on-cash

-20.2%

DSCR

0.37

Est. annual revenue$21,086
Property tax($4,800)
Insurance($1,920)
Utilities($0)
HOA($325)
Management($1,687)
Maintenance reserve($1,054)
Total operating expenses($9,786)
Net operating income$11,300
Down payment$96,000
Loan amount$384,000
Monthly payment (P&I)$2,554.76
Annual debt service($30,657)
Annual cash flow-$19,357

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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.

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