Rare Deep-Water Opportunity on Lake PalestineDiscover the best of East Texas lake living in the prestigious gated community of Shadybrook on Lake Palestine. This remarkable property now spans four separate tracts, delivering an impressive 192 feet of deep-water shoreline — an uncommon and coveted feature for boating, fishing, and dependable year-round access.Situated on approximately 0.6 acres, this dynamic waterfront retreat offers space, versatility, and exciting investment possibilities.Property Highlights:3 Bedrooms 2 Bathrooms – Warm, welcoming living spaces perfectly suited for everyday living or relaxing weekend getaways.192’ of Deep-Water Shoreline – Generous waterfront frontage ideal for swimming, casting a line, or cruising the lake in any season.Private Boat Dock & Fishing Pier – Walk from your backyard straight into lakefront enjoyment.Four Individual Tracts – Enhanced flexibility, added value, and future development potential.Room to Expand – Plenty of space to enjoy the current home while building an additional residence.20x40 Shop with Heated & Cooled Office Quarters – Includes a full bath, offering exceptional functionality for business use, hobbies, guest space, or extra storage.Whole-Home Propane Generator – Dependable backup power for comfort and security year-round.Short-Term Rental Friendly – A prime opportunity for vacation rental income.Whether you’re seeking a secluded waterfront escape, a multi-tract investment, or a property with room to grow, this Lake Palestine treasure delivers. Take in peaceful water views, breathtaking sunsets, and the privacy of gated community living — all while enjoying the very best of East Texas lake life.
Listed By
Agency Name: The Property Shoppe - eXp Realty, LLC
Agency Contact: 903-561-2200
Agent Name: Kim Houser
Shown By
Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors
Estimated Payment
$ 1,195.69 per month $1,057.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $138.54 Homeowner's Insurance
489 Martha Street | MLS# 21199726
This single family home located at 489 Martha Street , Bullard, TX 75757 is currently listed for sale with an asking price of $475,000. This property was built in 2004 and has 3 bedrooms and 2 full baths with 1323 sq. ft. Martha Street is located in the Shadybrook subdivision within the Bullard ISD school district. Search Shadybrook real estate on suemilamreed.kellyrealtors.com today.