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1216 Shahan Prairie Road

Little Elm, TX 75068
  • $3,395,000
  • STATUS: Active
  • ON SITE: 191 Days
  • MLS #: 20420836
$3,395,000
  • 8
    BEDS
  • 4.47
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1992
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Kristen Trest of Ebby Halliday Realtors: 972-608-0300.

Description

Offering 4.5 ACRES of GORGEOUS LAKEFRONT Property complete with a Main House, a Guest house w 2 Apts & a 3 Unit APT Building. INCOME PRODUCING currently over $90K annually! Located on Lake Lewisville, nestled in the Cove at Oak Point in Little Elm at the Peninsula. NO HOA or Deed Restrictions & room still to build out or add on. Property boasts a 3 Bed 2 Bath Main House with over 2,000 sq ft. Enjoy great views of the Lake from every angle. Separate Guest House with 2 Apartments & 4 car Garage, Plus a 3 Unit Apartment built in 2022, Each unit has 1Bd, 1 Bth * 700 sq ft complete w Kitchen & Custom Closet. Underneath is a 5 Bay Garage *10ft High Doors* partially climate controlled w Garage Space, a Storage Closet for each Unit & a shared Laundry & Ice Machine for lake use! Property has a Floating Boathouse w Active Permit & 2 Boat lifts ! Make this your own little piece of Texas and enjoy the Sunrise & Sunsets along with Fishing, Swimming & a relaxed Lake-Lifestyle all year round!

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© 2024 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 Cottage & Co Realty. 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 Cottage & Co Realty 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 2024-04-03T23:43:32.373.
www.cottagecorealty.com/homes/144243983
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1216 Shahan Prairie Road Little Elm, TX 75068

  • Price: $3,395,000
  • Status: Active
  • On Site: 191 Days
  • MLS #: 20420836
8
Beds
7
Baths
0
½ Baths
4.47
Acres
1992
Built
Neighborhood:
Dm Cule
County:
Denton
Area:
Little Elm
Elementary School:
Oak Point
High School:
Little Elm
School District:
Little Elm ISD
Property Description
Offering 4.5 ACRES of GORGEOUS LAKEFRONT Property complete with a Main House, a Guest house w 2 Apts & a 3 Unit APT Building. INCOME PRODUCING currently over $90K annually! Located on Lake Lewisville, nestled in the Cove at Oak Point in Little Elm at the Peninsula. NO HOA or Deed Restrictions & room still to build out or add on. Property boasts a 3 Bed 2 Bath Main House with over 2,000 sq ft. Enjoy great views of the Lake from every angle. Separate Guest House with 2 Apartments & 4 car Garage, Plus a 3 Unit Apartment built in 2022, Each unit has 1Bd, 1 Bth * 700 sq ft complete w Kitchen & Custom Closet. Underneath is a 5 Bay Garage *10ft High Doors* partially climate controlled w Garage Space, a Storage Closet for each Unit & a shared Laundry & Ice Machine for lake use! Property has a Floating Boathouse w Active Permit & 2 Boat lifts ! Make this your own little piece of Texas and enjoy the Sunrise & Sunsets along with Fishing, Swimming & a relaxed Lake-Lifestyle all year round!
Exterior Features

Carport Spaces 0 Construction BrickRock/StoneSidingWood Covered Spaces 9 Dock Permitted No Exterior Features BalconyBoat SlipDockDog RunGray Water SystemLightingPlaygroundPrivate YardStorageOther Fencing Metal Foundation Slab Lot Description AcreageIrregular LotLandscapedLrg. Backyard GrassMany TreesOtherSprinkler SystemWater/Lake ViewWaterfront Lot Size Source Appraiser Parking Or Garage Garage Double DoorAdditional ParkingBoatCircular DrivewayCommonConcreteDeckDrivewayGarageGarage Door OpenerGarage Faces FrontGarage Faces SideGolf Cart GarageGravelHeated GarageInside EntranceLightedOversizedParking PadPavedPrivateRV Access/ParkingRV GarageStorageTandemWorkshop in GarageOther Parking Spaces 9 Patio And Porch Features Front PorchPatio Pool On Property No Roof Composition Waterfront Features Lake FrontLake Front – Corps of Engineers Waterfront YN Yes

Interior Features

Appliances DishwasherDisposalElectric CooktopGas Water HeaterMicrowave Attached Garage Yes Basement No Cooling Ceiling Fan(s)Central AirElectric Fireplaces 0 Flooring Tile Garage Yes Handicap YN No Heating CentralElectric Interior Features Cable TV AvailableHigh Speed Internet Available

Property Features

Accessory Unit Type Guest Quarters Accessory Unit YN Yes Building Area Source Appraiser Building Area Total 4643.00 Common Features FishingLakeLaundry Complex Name 1216 1217 Shahan Prairie Construction Status Preowned Exclusions Curtains and rods in the KitchenUpstairs Denand Master Bedroom Gross Annual Expenses 22000.00 Gross Annual Income 96000.00 HOA None Insurance Expense 7000 Intermediate School Name Colin Powell Lake Name Lewisville Lake Pump Yes Levels Two List MLSProvider Metrotex Association Of Realtors Listing Terms CashConventional Municipal Utility District Yes Net Operation Income 74000 Operating Expense Includes TrashUtilitiesWater/Sewer Possession Negotiable Property Type Multiple Single Units Senior Community No Special Notes Flood PlainSurvey AvailableVerify Tax Exemptions Tenancy Lease While on MarketOver 9 Months Unexempt Taxes 12721 Utilities Aerobic SepticPrivate SewerPrivate WaterSepticWater Tap Fee PaidWell Will Subdivide Subdivided

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 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 Cottage & Co Realty. 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 Cottage & Co Realty 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 2024-04-03T23:43:32.373.
 
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Cottage & Co Realty
4964 Burger Rd
Aubrey TX, 76227
Offered by Kristen Trest of Ebby Halliday Realtors: 972-608-0300.