170 Armada LoopPayne Springs, TX 75156

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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

House

Year built

1988

Living area

1,250 Sq Ft

Lot size

0.45 acres

Garage spaces

2

Days on market

129

MLS^® Listing#

21278477

Property Features

Interior

Double Vanity · Kitchen Island · Natural Woodwork · Open Floorplan · Vaulted Ceiling(s) · High Speed Internet

Exterior

Boat Slip · Dock · Rain Gutters

Appliances

Dishwasher · Disposal · Electric Range · Electric Water Heater

Cooling

Central Air

Heating

Central

Flooring

Tile

Fireplace

Living Room · Wood Burning Stove

Parking

Additional Parking · Boat · Concrete · Garage · Gravel · Attached

Laundry

Washer Hookup

Patio

Deck

Fencing

Back Yard

Lot features

Landscaped · Waterfront

Roof

Shingle

Windows

Window Coverings

Security

Smoke Detector(s)

Community

Fishing · Lake · Park · Playground

Utilities

Electricity Connected · Underground Utilities

Sewer

Septic Tank

Water source

Public

Rooms

Schools

Elementary

Central

Middle

Mabank

High

Mabank

District

Mabank ISD

Financial Details

HOA

$250 / AnnuallyAssociation: Del Mar Owners Association

Annual taxes

$7,553

Parcel number

25900000362058

Directions

From Hwy 198 South, turn right onto Leisure Land Rd. Continue approximately 1 mile to Del Mar entrance, turn left onto Del Mar. Left on Barcelona (street curves and becomes Cordoba). Right onto Armada Loop. Property on the right at 170 Armada Loop.