Lake Home For Sale

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!

Property Details

  • Beds: 4
  • Baths: 3.0
  • Sq Feet: 1999
  • Year Built: 2000
  • Location: Lake Palestine
  • Acres: 0.743
  • Lakefront: Yes
  • Lakeview: Yes
  • County: Smith County
  • Community: Lakeway Harbor
  • Heat/AC: Central Furnace
  • Garage: Driveway, Garage, Guest, Heated, Workshop
  • Siding: Concrete
  • Roof: Metal
  • Stories: 2
  • MLS #: 20859106
  • Yearly HOA Fee: $125

Location

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Contact Information:

Contact Agent
Buyer's Agent: Kyle Smith
RealEdge Real Estate
903-530-4171
Please say you found it on Lakehouse.com !
Listing Agent: Gina Russell, Miller Homes Group PLLC, 903-504-5474, 903-504-5474 Listing Site, Listing Status: Active
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Ad Statistics:

Lake Home For Sale in Flint, Texas
Ad Number : 5872450
Viewed: 134 times
Added: Mar 04, 2025
Updated on: Mar 25, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.