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.
Property Details
- Interior
- Wet Bar, Decorative Designer Lighting Fixtures, Paneling Wainscoting, Cable Tv, Vaulted Ceilings
- Fireplaces
- 2
- Cooling
- 1
- Heating
- Central, Electric, Fireplaces
- Cooling Features
- Central Air, Ceiling Fans, Electric
- Bedrooms
- 6
- Bathrooms
- 6.0
- Full Baths
- 5
- Half Baths
- 2
- View
- Water
- Lot Features
- Back Yard, Corner Lot, Greenbelt, Lawn, Landscaped, Many Trees, Subdivision, Waterfront
- Lot Description
- Back Yard, Corner Lot, Greenbelt, Lawn, Landscaped, Many Trees, Subdivision, Waterfront
- Exterior Features
- Balcony, Courtyard, Fire Pit, Other, Private Yard, Storage
- Exterior Materials
- Balcony, Courtyard, Fire Pit, Other, Private Yard, Storage
- Acres
- 0.0
- Square Feet
- 4208.0
- Lot Size (sqft)
- 0.35
- Parking Features
- Garage, Garage Faces Side, Boat, Rv Access Parking
- Parking
- 1
- Parking Type
- Garage
- Parking Garage Spaces
- 2.0
- Parking Carport Spaces
- 0.0
- Property Type
- Purchase
- Style
- Other, Traditional, Detached
- Property Subtype Additional
- Single Family Residence
- Year Built
- 1968
- Foundation
- Pillar Post Pier
- Roof
- Composition
- Sewer Information
- Septic Tank
- Utility Source
- Community Coop, Well
- Utility Features
- Electricity Connected, Phone Available, Septic Available, Separate Meters, Water Available, Cable Available
- Appliances
- Some Gas Appliances, Double Oven, Dishwasher, Electric Cooktop, Electric Range, Plumbed For Gas, Refrigerator
- Subdivision
- Deep Water Point
- School District
- Community ISD
- Elementary School
- Mcclendon
- Middle School
- Leland Edge
- High School
- Community
- County
- Collin
- Region
- Nevada
- Days on Market (Cumulative)
- 131
- Taxes Annual
- $4,579
Location
Legal
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Provided By
Listed by Sam Thomas (#0664947)
Listing Office: Providence Group Realty (#PDR01C)
