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Close| Price: | $744,500 |
| Property Type: | residential |
| MLS #: | 25002589 |
| 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! | |
| Area: | Smith |
| Lake: | Palestine |
| Year Built: | 2000 |
| Square Footage: | 1999 |
| Bedrooms: | Three |
| Bathrooms: | Three |
| Garage: | 2 |
| Acres: | 0.87 |
| Taxes: | $2,310 |
| CONSTRUCTION : | Alum/Vinyl Siding |
| COOLING : | Central Electric |
| DINING AREAS : | Kitchen/Eating Combo |
| FENCING : | Metal Fence |
| FENCING : | Partial Fence |
| FIREPLACE : | None |
| INTERIOR : | Ceiling Fan |
| INTERIOR : | Cable TV Available |
| INTERIOR : | Smoke Alarm |
| KITCHEN EQUIPMENT : | Range/Oven-Electric |
| KITCHEN EQUIPMENT : | Dishwasher |
| KITCHEN EQUIPMENT : | Disposal |
| KITCHEN EQUIPMENT : | Microwave |
| KITCHEN EQUIPMENT : | Pantry |
| KITCHEN EQUIPMENT : | Refrigerator |
| OUTBUILDINGS : | Guest Quarters |
| OUTBUILDINGS : | Metal Outbuilding(s) |
| OUTBUILDINGS : | Work Shop |
| STYLE : | Ranch |
| DRIVEWAY : | Gravel |
| KITCHEN EQUIPMENT : | Island |
| POOL/SPA : | None |
| INTERIOR : | Vaulted Ceilings |
Courtesy: Russell, Gina • Miller Homes Group • 903-504-5474 
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.
This content last refreshed on 04/10/2025 06:30 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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