1516 N Lakeview Drive, Palo Pinto, TX 76484

$699,999 Asking Price

3 beds
2 baths
2,118  sqft

Palo Pinto Lake Retreat. Dive into lakeside luxury with this exceptional waterfront property on Palo Pinto Lake. Featuring two distinct homes, a beautifully updated 3-bedroom, 2-bath main home, and a spacious, rustic cabin caters to both relaxation and recreation. The main home shines with extensive updates, ensuring comfort, while the charming cabin ensures your guests enjoy their own slice of lake paradise. The main home has a 24x30 dock with boat lift, storage and plenty of room to fish or relax. The second home has a swim dock that also includes two jet ski platforms. Recently added is an expansive 45x50 insulated shop with two 12x12 overhead doors and a walk-thru door, perfect for storing all your lake toys and more! If investment or income producing is something you are after, this versatile property is ideally setup for VRBO, promising potential income as a sought-after lakefront rental. Rent one home or both when you are not enjoying it yourself and have it pay for itself!


Features & Amenities

Interior

General:
Decorative/Designer Lighting Fixtures,Granite Counters,High Speed Internet,Kitchen Island,Open Floorplan,Cable TV,Walk-In Closet(s)
Appliances:
Dishwasher,Electric Cooktop,Electric Oven,Electric Water Heater,Refrigerator
Laundry:
Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room
Flooring:
Luxury Vinyl Plank
A/C:
true, Central Air,Ceiling Fan(s),Electric
Heating:
true, Central,Electric
Fireplace:
Masonry, Fireplace, Fireplaces: 1

Exterior

General:
Awning(s),Balcony,Boat Slip,Dock,Fire Pit, Boat House,Guest House,RV/Boat Storage,Shed(s),Workshop
Other Structures:
Boat House,Guest House,RV/Boat Storage,Shed(s),Workshop
Parking:
Additional Parking,Circular Driveway,Golf Cart Garage,Oversized,Boat,RV Access/Parking

Construction

Roofing:
Composition
Windows:
Window Coverings
General:
2, Slab

Location

Road/Access:
All Weather Road
Originating MLS:
NTR
School District:
Santo ISD
County:
Palo Pinto

Lot

Zoning:
ACRES: 1.147 LOVE PP LAKE BLK 2 LOTS 3 & 4 G#, 19794
View:
Water, View

Utilities

Utilities:
Electricity Available,Electricity Connected,Propane,None,Overhead Utilities,Septic Available,Cable Available
Sewer:
Aerobic Septic,Septic Tank

Financial

Source:
NTR
Exclusions:
All personal belongings.
Buyers Agent Compensation:
3

This listing courtesy of:
CLARK REAL ESTATE GROUP, Mindy Holloway

About Gordon, TX

Housing

Number of Units
897
Median Home Value
$213,643
Median Rent
$544

15.76% of housing units are renter occupied.

34.91% are vacant.

Commute

Car
73.30%
Public Transportation
0.00%
Walk to Work
3.10%
Work from Home
20.21%
Other
3.38%

The median travel time to work is 22 minutes.

People

Population
1,380
Median Age
51.20
Median Household Size
2.50

Education

High School
27.22%
Associate’s Degree
3.88%
Bachelor’s Degree
18.71%
Graduate Degree
13.68%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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