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$649,950

170 Armada Loop, Payne Springs, TX 75156

3 bd 2 ba 1,250 sq ft House · Built 1988

Price / sq ft$520
HOA$250
Lot0.45 acres
Built1988
Garage2-car
Stories1
HeatingCentral
CoolingCentral Air
SchoolsMabank ISD
ElementaryCentral
SubdivisionDel Mar Sub
MLS #21278477
Est. $4,849/mo · 7.18% · 20% down What rate do you qualify for? Find out Own a home near Payne Springs?Free estimate from nearby sales, in 30 seconds. Estimate

About this home

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.

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Features

  • Inside: Decorative Designer Lighting Fixtures, Double Vanity, High Speed Internet, Kitchen Island, Open Floorplan, Vaulted Ceilings, Natural Woodwork
  • Outside: Boat Slip, Dock, Rain Gutters
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal
  • Parking: Additional Parking, Boat, Concrete, Garage, Gravel
  • Laundry: Washer Hookup, Dryer Hookup

Where it is

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Listing information comes from the North Texas Real Estate Information Systems (NTREIS) IDX program and is deemed reliable but not guaranteed. Price and status can change; the listing agent has the latest.