Estimated payment $2,290/month
Highlights
- Boathouse
- Deck
- Cottage
- Waterfront
- No HOA
- Covered Patio or Porch
About This Home
Welcome to your lakeside paradise! This charming 2-bedroom, 1-bathroom cottage-style home, located in a gated community on the shores of Lake Palestine, offers both comfort and opportunity. With a 4-car carport and a waterfront location, this home is currently a successful Airbnb but can easily become your private retreat or a fantastic income source. The highlight of this home is its direct access to the lake, with private shoreline frontage. Unlike most lake houses, this one boasts a gradual slope to the water, making access easy for everyone. The landscaping was beautifully completed in 2024, including clearing land to the water, removing trees, and adding sand to create a beach-like area—perfect for swimming and relaxing by the lake. The 616 sq. ft. boat house comes equipped with a convenient boat lift, perfect for easy lake days, while the 12x20 storage shed provides ample space for kayaks and other water toys. Enjoy the peaceful lake views from the covered back porch or gather around the paved firepit area for cozy nights under the stars. The home’s interior is move-in ready, with furniture available for sale, making it a seamless transition whether you're looking to live in it or continue its Airbnb success. This property offers everything you need for lakefront living or a profitable vacation rental on Lake Palestine!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,506
Year Built
- Built in 2020
Lot Details
- 0.61 Acre Lot
- Waterfront
- Wood Fence
- Sprinkler System
Home Design
- Cottage
- Wood Frame Construction
- Aluminum Roof
- Pier And Beam
Interior Spaces
- 1,146 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Blinds
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Utility Room
- Vinyl Flooring
- Fire and Smoke Detector
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Tile Bathroom Countertop
- Bathtub with Shower
Parking
- Garage
- Front Facing Garage
Outdoor Features
- Boathouse
- Deck
- Covered Patio or Porch
- Outdoor Storage
- Rain Gutters
Schools
- Brownsboro Elementary And Middle School
- Brownsboro High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
- Septic System
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
- Hollyhills Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,450 | $218,898 | $189,000 | $29,898 |
| 2024 | $3,450 | $215,436 | $189,000 | $26,436 |
| 2023 | $3,506 | $213,790 | $189,000 | $24,790 |
| 2022 | $4,083 | $205,400 | $189,000 | $16,400 |
| 2021 | $1,212 | $61,400 | $45,000 | $16,400 |
| 2020 | $1,276 | $60,920 | $45,000 | $15,920 |
| 2019 | $1,339 | $60,920 | $45,000 | $15,920 |
| 2018 | $1,331 | $60,770 | $45,000 | $15,770 |
| 2017 | $1,324 | $60,460 | $45,000 | $15,460 |
| 2016 | $1,324 | $60,460 | $45,000 | $15,460 |
| 2015 | $357 | $60,460 | $45,000 | $15,460 |
| 2014 | $508 | $60,460 | $45,000 | $15,460 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | For Sale | $375,000 | 0.0% | $327 / Sq Ft |
| 05/23/2023 05/23/23 | Sold | -- | -- | -- |
| 04/19/2023 04/19/23 | Pending | -- | -- | -- |
| 03/27/2023 03/27/23 | For Sale | $375,000 | -- | $313 / Sq Ft |
| 05/22/2015 05/22/15 | Sold | -- | -- | -- |
| 04/13/2015 04/13/15 | Pending | -- | -- | -- |
Source: Greater Tyler Association of REALTORS®
MLS Number: 25008641
APN: 3118-0000-0020-10
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