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489 Martha Street

Bullard, TX 75757
  • $475,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 21199726
UPDATED: 55 min ago
$475,000
  • 3
    BEDS
  • 0.4
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,323
    SQFT
  • $359
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2004
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Kim Houser of The Property Shoppe - eXp Realty, LLC: 903-561-2200.

Description

Deep-Water on Lake Palestine, Shadybrook Gated CommunityThere's lake life — and then there's this.Tucked inside the exclusive gated community of Shadybrook on Lake Palestine, this exceptional East Texas retreat offers something that serious water lovers spend years searching for: 192 feet of deep-water shoreline. That's not a detail. That's a lifestyle.Spanning approximately 0.6 acres across four separate tracts, this property delivers rare flexibility alongside stunning waterfront living. Whether you're casting a line from your private fishing pier, launching from your own boat dock, or simply watching the sun melt into the lake at the end of the day, this is the kind of place that makes every season feel like vacation.The main home offers 3 bedrooms and 2 bathrooms — comfortable and inviting whether you're settling in full-time or escaping for the weekend. And the possibilities don't stop there. With four tracts combined, there's ample room to build a second residence while living in the existing home, making this as strong an investment as it is a retreat.The impressive 20x40 shop with heated and cooled office quarters and a full bathroom adds another layer of versatility — think guest overflow, a creative studio, a home office, or the ultimate hobby space. A whole-home propane generator ensures you're never at the mercy of the grid, and the property's short-term rental-friendly status opens the door to serious income-producing potential.Gated security. Deep water. Room to grow. East Texas at its absolute finest.This is the one you don't wait on.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-14T10:44:35.75.
www.homesbylainie.com/homes/173777184
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489 Martha Street Bullard, TX 75757

  • Price: $475,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 55 min ago
  • MLS #: 21199726
3
Beds
2
Baths
0
½ Baths
0.4
Acres
1,323
SQFT
$359
$/SQFT
2004
Built
Neighborhood:
Shadybrook
County:
Cherokee
Area:
Bullard
Elementary School:
Bullard
High School:
Bullard
School District:
BULLARD ISD
Property Description
Deep-Water on Lake Palestine, Shadybrook Gated CommunityThere's lake life — and then there's this.Tucked inside the exclusive gated community of Shadybrook on Lake Palestine, this exceptional East Texas retreat offers something that serious water lovers spend years searching for: 192 feet of deep-water shoreline. That's not a detail. That's a lifestyle.Spanning approximately 0.6 acres across four separate tracts, this property delivers rare flexibility alongside stunning waterfront living. Whether you're casting a line from your private fishing pier, launching from your own boat dock, or simply watching the sun melt into the lake at the end of the day, this is the kind of place that makes every season feel like vacation.The main home offers 3 bedrooms and 2 bathrooms — comfortable and inviting whether you're settling in full-time or escaping for the weekend. And the possibilities don't stop there. With four tracts combined, there's ample room to build a second residence while living in the existing home, making this as strong an investment as it is a retreat.The impressive 20x40 shop with heated and cooled office quarters and a full bathroom adds another layer of versatility — think guest overflow, a creative studio, a home office, or the ultimate hobby space. A whole-home propane generator ensures you're never at the mercy of the grid, and the property's short-term rental-friendly status opens the door to serious income-producing potential.Gated security. Deep water. Room to grow. East Texas at its absolute finest.This is the one you don't wait on.
Exterior Features

Carport Spaces 1 Covered Spaces 1 Housing Type Single Detached Parking Or Garage Carport Pool On Property No Waterfront Features Dock – UncoveredLake Front Waterfront YN Yes

Interior Features

Appliances Electric OvenElectric Range Basement No Cooling Ceiling Fan(s)ElectricWindow Unit(s) Dining Areas 1 Fireplaces 0 Garage No Handicap YN No Heating Central Interior Features Eat-in Kitchen Living Areas 1 Rooms Bedroom-Primary (1 Level) Bath-Primary (1 Level) Living Room (1 Level)

Property Features

Barns1 0 HOA Mandatory Hoa Billing Freq Annually Hoa Dues 629 Hoa Includes Maintenance Grounds HOAManagement Company Shadybrook HOAManagement Company Phone 903-561-2200 Intermediate School Name Bullard Levels One Listing Terms CashConventionalFHAVA Loan Municipal Utility District No Possession Closing/Funding Property Attached No Property Type Mobile Home Utilities Septic Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-14T10:44:35.75.
 
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Homes By Lainie Real Estate Group
682 E. FM 120, Ste 3
Pottsboro TX, 75076
Offered by Kim Houser of The Property Shoppe - eXp Realty, LLC: 903-561-2200.