$2,500,000

1124 Paradise Cove Streetman, TX 75859

Estimated payment $16,187/month

Total Views 10,680
1.05 Acres
$2,380,952 Price per Acre
45,738 Sq Ft Lot

Highlights

  • Marina
  • Boat Ramp
  • In Ground Pool
  • Lake Front
  • Docks
  • Gated Community

About This Lot

Welcome to the ultimate blend of contemporary luxury living and smart investingthis stunning lakefront estate isnt just a dream home, its also a high-income producing *5-star* luxury short-term rental, with an impressive rental history. Even better? The sellers are ready to transfer the thriving rental business to the new owners, making this an incredible turnkey opportunity. From the moment you step through the front door, the craftsmanship and high-end finishes speak for themselves. The expansive main living room wows with soaring vaulted ceilings and a dramatic gas fireplace filled with sparkling glass rockperfect for cozy nights in. The chefs gourmet kitchen is a true showpiece, complete with a 6-burner gas range, custom cabinetry, and top-of-the-line appliances. With 5 bedrooms, each with ensuite access, 4 full baths, and 3 half baths, the home is designed for large groups. The primary suite is a sanctuary with floor to ceiling lake views and a luxurious ensuite bath with 2 custom designed closets (one doubles as a safe room). A spacious laundry room, 2 more utility areas, and a bonus exercise studio round out the amenities. Upstairs, guests will love the family room with its own balcony, dry bar, drink fridge, and ice makerideal for winding down the day. There's also game room with breathtaking lake views, making this home just as fun as it is relaxing.Step outside to paradise: a large covered patio with built-in grill, mosquito mister, and ceiling fans offers a seamless indoor-outdoor experience. Just beyond lies the infinity pool with a built-in fire pit feature and a jacuzzi spapure lakeside luxury. The boathouse comes equipped with a boat lift & jet ski lifts, ready for adventure at a moments notice. A 2-car garage stores your vehicles, while a separate garage is perfect for storing lake toys & lawn equipment. Whether youre looking for a luxurious personal getaway, a high-end vacation rental, or the best of both worlds, this property has it all.

Listing Agent

Julie Teel

RE/MAX LakeSide Dreams Listed on: 04/21/2025

RE/MAX LakeSide Dreams
Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,231

Lot Details

  • Lake Front
  • Fishing include bass, catfish
  • Property fronts a private road
  • Gated Home
  • Landscaped
  • Level Lot
  • Irregular Lot
  • Sprinkler System
  • Few Trees
  • Current uses include residential single, resort, hospitality
  • Potential uses include residential single, resort

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Shingle Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • Dual Staircase
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Decorative Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Bay Window
  • Game Room
  • Home Gym
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Self-Cleaning Oven
  • Plumbed For Gas In Kitchen
  • Built-In Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Linen Closet
  • Walk-In Closet
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Oversized Parking
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Location

  • Easements include utilities
  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Co-Op Electric
  • Propane
  • Water Filtration System
  • Co-Op Water
  • Tankless Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Community Details

Recreation

  • Boat Ramp
  • Marina
  • Park
  • In Ground Pool
  • Spa
  • Pool is Self Cleaning
  • Docks
  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Grill

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$28,231

Lot Details

0

Listing Details

  • Office Phone: 430-231-4780
  • Listing Website: https://www.land.com/property/1124-paradise-cove-streetman-texas-75859/23270810/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Outside Features: Balcony, Boat Dock/Slip, Grill, Lighting System, Patio Covered, Patio Open, Satellite Dish, Sprinkler System
  • Potential Use: Residential Single, Resort
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Exercise Room, Game Room
  • Has Attic: No
  • Disability Access: No
  • Floor Material: Carpet, Ceramic Tile, Wood Floor
  • Sprinklers: Yes
  • Appliances: Built-in Icemaker, Built-in Microwave, Built in Refrigerator/Freezer, Dishwasher, Disposal, Oven-Gas, Plumbed For Gas in Kitchen, Self Clean, Vent Mechanism, Water Line to Refrigerator
  • Ceiling Fan: True
  • Jetted Bathtub: True
  • Vaulted Ceiling: True
  • Interior Features: Bay Windows, Decorative Lighting, High Speed Internet Available, Multiple Staircases, Vaulted Ceilings, Water Filter, Water Purifier, Water Softener, Window Coverings, Built-ins, Garden Tub, Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Walk-in Closets, Breakfast Bar, Eat-in Kitchen, Granite/Granite Type Cntrtop, Island, Walk-in Pantry, Dryer Hookup-Elec, Full Size W/D Area, Separate Room, Washer Hookup
  • Foundation: Slab
  • Fireplace Type: Decorative, Gas Logs, Gas Starter

Exterior Features

  • Exterior: Rock/Stone, Stucco
  • Roof: Wood Shingle
  • Dock: True
  • Gated Entry: True
  • Hot Tub / Spa: True
  • Patio: True
  • Pool: True
  • Waterfront: True
  • Pool Features: Cleaning System, In Ground Gunite, Separate Spa/Hot Tub
  • Road Description: All Weather Road, Asphalt, Outside City Limits, Private Road, Private
  • Other Structures: Gutters

Garage/Parking

  • Parking Type: Attached, Covered, Front, Opener, Oversized, Rear

Utilities

  • Cooling: Central Air-Elec
  • Heating Fuel: Propane
  • Heating: Central Heat- Elec
  • Security System: True
  • Green Energy: Electric Water Heater, Tankless Water Heater
  • Security: Smoke Detector

Condo/Co-op/Association

  • Amenities: Boat Ramp, Gated Entrance, Marina, Park

Lot Info

  • Current Use: Residential Single, Resort, Hospitality
  • Lot Description: Irregular, Landscaped, Some Trees, Subdivision, Waterfront/Lakefront, Water/Lake View, Level, Lakefront
  • Easements: Utilities
  • Soil Type: Unknown
  • Fish: Bass, Catfish

Multi Family

  • Utilities Available: Co-op Water, No City Services, Septic, Co-op Electric, Propane Gas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $28,231 $1,713,710 $255,040 $1,458,670
2023 $16,027 $978,520 $255,040 $723,480
2022 $4,693 $252,520 $252,520 $0
2021 $5,284 $252,520 $252,520 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $2,500,000 -- $497 / Sq Ft

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,250,000 New Conventional
Source: Public Records