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
Price per Sqft $225
Subdivision Deep Water Point
MLS Listing ID 21228583
Style Other,Traditional,Detached
Bedrooms 6
Full Baths 5
Half Baths 2
HOA Y/N No
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.
Body of Water Lavon
Rooms
Other Rooms Garage(s)
Interior
Interior Features Wet Bar, Decorative/Designer Lighting Fixtures, Paneling/Wainscoting, Cable TV, Vaulted Ceiling(s)
Heating Central, Electric, Fireplace(s)
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Ceramic Tile, Tile, Wood
Fireplaces Number 2
Fireplaces Type Free Standing, Gas Starter, Masonry, Other, Wood Burning
Fireplace Yes
Appliance Some Gas Appliances, Double Oven, Dishwasher, Electric Cooktop, Electric Range, Plumbed For Gas, Refrigerator
Exterior
Exterior Feature Balcony, Courtyard, Fire Pit, Other, Private Yard, Storage
Parking Features Garage, Garage Faces Side, Boat, RV Access/Parking
Garage Spaces 2.0
Fence Partial, Wood
Pool None
Utilities Available Electricity Connected, Phone Available, Septic Available, Separate Meters, Water Available, Cable Available
Waterfront Description Lake Front,Waterfront
View Y/N Yes
Water Access Desc Community/Coop,Well
View Water
Roof Type Composition
Porch Balcony, Covered
Road Frontage All Weather Road
Garage Yes
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Greenbelt, Lawn, Landscaped, Many Trees, Subdivision, Waterfront
Dwelling Type House
Foundation Pillar/Post/Pier
Sewer Septic Tank
Water Community/Coop, Well
Level or Stories Two
Additional Building Garage(s)
Schools
Elementary Schools Mcclendon
Middle Schools Leland Edge
High Schools Community
School District Community Isd
Others
Senior Community No
Tax ID R074201200101
Acceptable Financing Cash, Conventional, Owner Will Carry, Owner May Carry
Listing Terms Cash, Conventional, Owner Will Carry, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21228583
Nearby Locations
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