Investors and renovators, here’s a rare opportunity to own a true Lake Fork fixer-upper with exceptional potential. Located at 520 RS CR 3445, Emory, TX 75440, this brick home was built in 1985 and sits on a fantastic waterfront lot with expansive lake views and unforgettable sunsets. The property is in one of the earliest established subdivisions on Lake Fork and is conveniently situated directly across the street from the Lake Fork Golf Club. The home features two bedrooms, two baths with a vaulted ceiling and an open-concept layout connecting the kitchen, dining area and living room. Parquet flooring runs through the entry and main living spaces, while carpet and linoleum are found in the bedrooms and baths. The all-electric kitchen offers an abundance of cabinets for storage, Formica countertops, and no formal pantry due to the extensive cabinetry. A brick-framed WBFP with an insert (possibly pellet) anchors the living room, which includes brick and paneling accents, with wallpaper throughout other areas of the home. Heavy popcorn ceilings are present in the home. The vaulted living room ceiling shows discoloration at the apex, and the parquet flooring appears to be heaving, indicating foundation movement that will require attention. Mechanical systems include one electric water heater and a single HVAC unit. Outdoor features add to the value and potential of this property. A large screened-in patio provides ample entertaining space, though most of the screens are missing and will need replacement. A small shed offers workshop or storage use. The enclosed single-slip boathouse features strap lifts and a manual roll-down door that is currently damaged. At full pool, water depth at the end of the pier approaches nine feet, making it ideal for boating and fishing. Offered as-is, this home is clearly in need of repairs and updates, but the lot, location, lake access, and views make it an exceptional opportunity to create a custom lake retreat or investment property.