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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!
Sq Ft: 1999
Area: Smith
Lake: Palestine
Year Built: 2000
Bedrooms: Three
Bathrooms: Three
Garage: 2
Acres: 0.87
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

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This content last refreshed on 04/10/2025 05:30 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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