For Sale For Rent
Advertise
bedrooms
bedrooms
4
bathrooms
bathrooms
3
square feet
square feet
1,999
acreage
Acreage
0.743
open houses
Open Houses
-
year built
year built
2000
full baths
Full Baths
3
half baths
Half Baths
0
Newly Remodeled Waterfront Home on Lake Palestine with Guest ADU & Workshop! Experience the best of lakefront living and investment potential with this beautifully updated 3BR, 2BA home, featuring a 1BR, 1BA ADU inside a spacious 2-car workshop. Situated on deep water in a sought-after location on Lake Palestine, this property is perfect for full-time residence, a weekend getaway, or a high-income vacation rental! Main Home Features: Newly remodeled with modern finishes throughout Open concept living with breathtaking lake views Updated kitchen with stylish appliances & ample storage Spacious primary suite with en-suite bath Large windows for natural light and stunning water views Additional Dwelling Unit (ADU): 1BR, 1BA – ideal for guests, rental income, or a home office Private entrance for added flexibility 2-Car Workshop: Plenty of space for storage, hobbies, or lake toys Attached ADU offers a convenient multi-use space Waterfront Perks: Deep water access – perfect for boating, fishing, and water sports Stunning lake views with potential for a private dock Vacation Rental Potential: Evolve estimates annual rental income between $35K–$80K Potential rental rates: $150–$300 per night (standard) or $900 per night (peak demand) Prime location for short-term rental success Don't Miss This Incredible Opportunity!
Location
Subdivision Lakeway Harbor
County Smith
Elementary School Bullard
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 20859106
Listing agent: Gina Russell #0755328
Listing broker: Miller Homes Group Pllc (903) 504-5474
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Monday, March 3 2025 at 11:24 p.m. EST
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