6 Beds
7 Baths
4,208 SqFt
6 Beds
7 Baths
4,208 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,208 sqft
Subdivision Deep Water Point
MLS Listing ID 21228583
Style Traditional,Other
Bedrooms 6
Full Baths 5
Half Baths 2
HOA Y/N None
Year Built 1968
Annual Tax Amount $4,579
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Single Family Residence
Property Description
Currently operating with strong short-term rental appeal, the property has potential for six-figure gross annual STR income depending on occupancy and management. The flexible layout may also work well for mid-term rentals, long-term rentals, house hacking opportunities, rent-by-the-room concepts, corporate retreats, group retreats, or hybrid owner-occupant investment strategies.
Designed for gathering and entertaining, the property features expansive outdoor spaces, lake views, multiple living and sleeping areas, updated finishes, hot tub, firepit area, and large common spaces ideal for hosting guests or extended stays.
Opportunities like this near DFW are becoming increasingly rare as development and growth continue around Lake Lavon. Whether you're searching for a waterfront residence, weekend getaway, Airbnb investment, or flexible income-producing property, this one offers options difficult to find in today's market. Seller is open to discuss owner financing.
Location
State TX
County Collin
Direction From HWY 78, exit 489 West. South on 487, West on 964.
Rooms
Dining Room 1
Interior
Interior Features Cable TV Available, Decorative Lighting, Paneling, Vaulted Ceiling(s), Wet Bar
Heating Central, Electric, Fireplace(s)
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Ceramic Tile, Tile, Wood
Fireplaces Number 2
Fireplaces Type Brick, Freestanding, Gas Starter, Wood Burning, Other
Appliance Dishwasher, Electric Cooktop, Electric Range, Double Oven, Plumbed For Gas in Kitchen, Refrigerator
Heat Source Central, Electric, Fireplace(s)
Exterior
Exterior Feature Balcony, Courtyard, Covered Patio/Porch, Fire Pit, Private Yard, RV/Boat Parking, Storage, Other
Garage Spaces 2.0
Fence Partial, Wood
Pool Separate Spa/Hot Tub
Utilities Available All Weather Road, Co-op Water, Electricity Connected, Individual Water Meter, Outside City Limits, Phone Available, Septic, Well
Waterfront Description Lake Front,Lake Front – Corps of Engineers,Lake Front – Main Body
Roof Type Composition
Total Parking Spaces 2
Garage Yes
Building
Lot Description Corner Lot, Greenbelt, Landscaped, Lrg. Backyard Grass, Many Trees, Subdivision, Water/Lake View, Waterfront
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Metal Siding,Siding,Wood
Schools
Elementary Schools Mcclendon
Middle Schools Leland Edge
High Schools Community
School District Community Isd
Others
Restrictions Deed,Easement(s),Other
Acceptable Financing Cash, Conventional, Owner Carry Second, Owner Will Carry
Listing Terms Cash, Conventional, Owner Carry Second, Owner Will Carry
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21228583
Nearby Locations
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