170 ARMADA LOOP, PAYNE SPRINGS, TX 75156
Homes for sale in Payne Springs.
Homes for sale in 75156.
List Price$749,950
170 Armada Loop
Payne Springs, TX 75156
Listing #21278477
About This Property
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.
Property Features
Location Information
County
Henderson
Subdivision
Del Mar Sub
Interior Features
Rooms
First Floor Living Room, First Floor Primary Bedroom
Number of Fireplaces
1
Interior
Decorative/Designer Lighting Fixtures, Double Vanity, High Speed Internet, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Natural Woodwork
Heating
Central
Master Bedroom Description
12 x 13
Cooling
Central Air
Full Baths
2
Floors
Tile
Living Room Description
20 x 20
Laundry
Washer Hookup, Dryer Hookup
Has Fireplace
Yes
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal
Exterior Features
Style
Detached
Lot Description
Back Yard, Lawn, Landscaped, Waterfront, Retaining Wall
Stories
1
Lot Size in Acres
0.446
Exterior
Boat Slip, Dock, Rain Gutters
Lot Size in Sq. Ft.
19,427
Roof
Shingle
Lake Name
Cedar Creek
Utilities
Electricity Connected, Septic Available, Underground Utilities, Water Available
Waterfront Description
Boat Dock/Slip, Lake Front, Waterfront
Security System
Smoke Detector(s)
Has Waterfront
Yes
Parking Description
Additional Parking, Boat, Concrete, Garage, Gravel
Has View
Yes
Has Garage
Yes
View Description
Water
Garage Spaces
2
Is One Story
Yes
Fencing
Back Yard
Lot Description
Back Yard, Lawn, Landscaped, Waterfront, Retaining Wall, Boat Dock/Slip, Lake Front, Waterfront
Patio / Deck Description
Deck
Windows Description
Window Coverings
Pool Description
None
School
Elementary School District
Mabank ISD
Jr. High School
Mabank
Elementary School
Central
High School
Mabank
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
Yes
Property Type
SFR
HOA Fee
$250
Property SubType 2
House
HOA Frequency
Annually
Property SubType
Single Family Residence
HOA Includes
Maintenance Grounds
Year Built
1988
Tax Annual Amount
7553.0
Status
Active
Community Features
Fishing, Lake, Playground, Park, Pickleball
Similar Listings
Mortgage Calculator
$3,500
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,702
Monthly Tax
$624
Monthly Insurance
$174
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder
