170 Armada Loop, Payne Springs, TX 75156

$699,950
3
BD
2
BA
1,250
SqFt

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List Price
$699,950
Status
ACTIVE
MLS#
21278477
Price Change
▼ $50,000 1787084369
Bedrooms
3
Bathrooms
2
Living Area
1,250
Lot Size
19,427

Property Description

TURN-KEY CEDAR CREEK LAKE INVESTMENT Rare opportunity to own a fully operational, income-producing waterfront retreat just one hour southeast of Dallas. This established Airbnb has three years of rental history, a 4.74-star guest rating, and Superhost status that transfers to the new owner. Step in and start earning from day one. Set on a huge, flat double lot in the desirable Del Mar subdivision, the property offers two separate dwellings: a 2-bedroom, 1-bath main home with fully equipped kitchen and cozy lake-view living area, plus a detached guest house studio with full bath and kitchenette, perfect for hosting extended family, accommodating larger guest groups, or capturing premium rental rates with private accommodations for up to 12. WATERFRONT FEATURES that set this property apart: private boat dock with lift for effortless launching, a community boat ramp located right next door for unmatched water access, expansive deck with stunning Cedar Creek Lake views, and a tucked-away cove location that delivers the peace and tranquility today's lake buyers are searching for. The double lot provides rare flexibility with room for outdoor entertaining, future expansion, RV or boat storage, or simply unobstructed space to enjoy lake living. Del Mar residents enjoy POA access to a community park, pavilion, and private boat ramp with fishing pier. FURNISHINGS AND BOAT WITH TRAILER NEGOTIABLE! The seller is open to packaging the home as a true lake life turnkey opportunity, including high-end touches already in place (Moccamaster coffee maker, 600 thread count linens, feather duvets, record player, Bluetooth speakers, fully stocked kitchens, family-friendly amenities). Bring your suitcase, take over the booking calendar, and start enjoying immediate cash flow. Cedar Creek is Texas's fourth-largest lake with 320 miles of shoreline, world-class bass and catfish fishing, and easy access via US-175. Showings require advance notice to work around active bookings.

Additional Information

Taxes
$7,553
HOA Fee
$250
HOA Name
Del Mar Owners Association
Year Built
1988
Garage Spaces
2
Exterior Features
Boat Slip, Dock, Rain Gutters
Interior Features
Decorative Designer Lighting Fixtures, Double Vanity, High Speed Internet, Kitchen Island, Open Floor Plan, Vaulted/Cathedral Ceilings, Natural Woodwork
Roof
Shingle
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal
View
Water
School District
Mabank Isd
Elementary School
Central
High School
Mabank
Middle School
Mabank
Sewer
Septic Tank
Stories
1
Street Name
Armada Loop
Street Number
170
Water
Public
Waterfront
Yes
Acres
0.45
County
Henderson
Heating
Central
Lot Description
Back Yard, Lawn, Landscaped, Waterfront, Retaining Wall

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Calculator source: Real Geeks

Listing courtesy of Bobby Moats from LPT Realty LLC. Contact: 972-215-7747

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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