Property
Beds
6
Full Baths
5
1/2 Baths
2
Year Built
1968
Sq.Footage
4,208
Lakefront retreat, income opportunity, and private escape all in one property located less than an hour from Dallas on the shores of Lake Lavon. This unique property offers flexibility for personal use, investment, or multi-generational living with multiple possible income strategies. 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.
Features & Amenities
Interior
-
Other Interior Features
Vaulted Ceiling(s), Wet Bar
-
Total Bedrooms
6
-
Bathrooms
5
-
1/2 Bathrooms
2
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Electric, Fireplace(s)
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Wood Siding, Metal Siding
-
Other Exterior Features
Balcony, Courtyard, Fire Pit, Private Yard, Storage, Other
-
Parking
Garage, Garage Faces Side, Boat, RV Access/Parking
-
Pool
No
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Corner Lot, Greenbelt, Landscaped, Many Trees, Waterfront, Subdivided
-
Lot Size(acres)
0.35
-
Lot Size(square feet)
15246.0
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional, Other
Price
-
Sales Price
$950,000
-
Tax Amount
$4,579
-
Sq. Footage
4, 208
-
Price/SqFt
$225
HOA
-
Association
No
School District
-
Elementary School
Mcclendon
-
Middle School
Leland Edge
-
High School
Community
Property Features
-
Foundation Details
Pillar/Post/Pier
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
1-3
-
Water Source
Well
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Location
County
Collin
Elementary School
Mcclendon
Middle School
Leland Edge
High School
Community
Listing Courtesy of Sam Thomas , Providence Group Realty
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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