Investment Overview

Duck Cove Marina & RV Park is a 105-site property located on Lake Tawakoni in Quinlan, Texas. The site mix is comprised of 44 RV lot rents, 34 covered marina boat slips, 21 uncovered marina boat slips, five cabin rentals, and one apartment. The property operates on county co-op water and septic sewer with all utilities paid for by the property except for electric which is billed back to the residents. Lake Tawakoni is a popular boating and fishing lake about an hour’s drive east of Dallas and 7 miles east of Quinlan, Texas. The lake has 36,700 acres of surface area and approximately 200 miles of shoreline which offers a lot in recreational activities. It has become a popular lake for swimming, boating, waterskiing, jet skiing, fishing, picnicking, duck hunting, and more. It is also a good lake for summer lake homes along the shore. Lake Tawakoni is known as the “Catfish Capital of Texas”, but also includes striped bass, white bass, large-mouth bass, hybrid bass, sand bass and crappie. Lake Tawakoni is located in three Texas counties: Rains, Hunt and Van Zandt counties. Iron Bridge Dam, located in Van Zandt and Rains counties, is a rolled-earth embankment with an ungated concrete spillway. The total length of the dam, including the spillway, is approximately 5.5 miles long. Lake Tawakoni State Park is a 376-acre park with 5.2 miles of shoreline. The park offers boating, fishing, hiking trails, sandy beaches, boat docks, picnicking, and viewing of wildlife and fauna. It has three nature trails with beautiful views of Lake Tawakoni. It has open areas and deep woods.