bedrooms
4
bathrooms
3
square feet
1,999
Acreage
0.743
Open Houses
-
year built
2000
Full Baths
3
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 | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
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
Kotohomes National
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