170 Armada Loop, Payne Springs, TX 75156

• 3 beds |
• 2 baths |
• 1,250 sqft

Property 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.

Listing Status:

Active

Data Last Updated:

May 25, 2026 at 1:19PM

Listing Office:

LPT Realty LLC : 972-215-7747

Listing Agent:

Bobby Moats :

MLS ID:

21278477

Interior

• General: Decorative/Designer Lighting FixturesDouble VanityHigh Speed InternetKitchen IslandOpen FloorplanVaulted Ceiling(s)Natural Woodwork
• Appliances: DishwasherElectric RangeElectric Water HeaterDisposal
• Laundry: Washer HookupDryer Hookup
• Flooring: Tile
• A/C: Central Air
• Heating: Central
• Fireplace: Living RoomWood Burning StoveFireplaceFireplaces: 1

Exterior

• General: Boat SlipDockRain Gutters
• Style: Detached
• Pool: None
• Parking: Additional ParkingBoatConcreteGarageGravel

Construction

• Roofing: Shingle
• Windows: Window Coverings
• General: 1

Location

• HOA Amenities: Maintenance Grounds250.0Annually
• Originating MLS: NTR
• School District: Mabank ISD
• County: Henderson

Lot

• Zoning: LTS 362 & 363 AB 1060 M E RICHARDSON SURDEL25900000362058
• View: WaterView
• Fencing: Back Yard

Utilities

• Utilities: Electricity ConnectedSeptic AvailableUnderground UtilitiesWater Available
• Water: Public
• Sewer: Septic Tank

Financial

• Source: NTR