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ACTIVEsingle familyvia mls

48 Clearspring Road

Shell Knob, MO, 65747

3 bd2 ba2,617 sqftBuilt 1979

Listing courtesy of Murney Associates - Tri-Lakes · (417) 335-6222 · MLS# SOM60319907

List price

$420,000

$160/sqft

Listing description
Looking for a home with a beautiful lake view? This inviting, single-level home offers over 2,600 sq. ft. of comfortable living space, including 3 bedrooms, 2 bathrooms, an office/craft room and two generous living areas that make everyday living feel spacious and relaxed. Much of the furniture is included with an acceptable offer.One of the standout features is the bright, lake-view sunroom with its own mini-split system, it's a year-round haven for enjoying morning coffee, quiet reading time, or simply taking in the scenery. The panoramic views from the deck, dining area and sunroom are spectacular!The home has seen several updates in recent years, including brand-new carpet, an updated guest bathroom, a 3-year-old roof, and a 5-year-old HVAC system. These improvements give you the confidence of a well-maintained property from the moment you move in.Set on two nearly flat acres, the property offers plenty of room to enjoy the outdoors. Whether you're relaxing under the trees, watching wildlife, or taking in the views, there's no shortage of peaceful spots to unwind. For those who love projects or need extra storage, the workshop provides excellent space for tools, lake gear, or hobbies.Convenience is another major perk. Shell Knob's downtown is just 15 minutes away with several great restaurants and shopping. Kings River Marina is just a few miles away and a public boat ramp is less than a mile from the property which makes getting out on the water incredibly easy.If you've been dreaming of a comfortable home with a serene lake backdrop, this one deserves a visit before you make your next move.
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

-$1,358

Cap rate

2.5%

Cash-on-cash

-19.4%

DSCR

0.39

Est. annual revenue$18,867
Property tax($4,200)
Insurance($1,680)
Utilities($0)
HOA($0)
Management($1,509)
Maintenance reserve($943)
Total operating expenses($8,333)
Net operating income$10,535
Down payment$84,000
Loan amount$336,000
Monthly payment (P&I)$2,235.42
Annual debt service($26,825)
Annual cash flow-$16,290

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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.

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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