489 Martha St

Bullard, TX 75757

$475,000
Price
3
Beds
1,323 Sq. Ft.
$359 / Sq. Ft.
1,323
Sq. Ft.
$359
per Sq. Ft.
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New
New

Description

Deep-Water on Lake Palestine | Shadybrook Gated Community There'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...Deep-Water on Lake Palestine | Shadybrook Gated Community There'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.
  1. Listed by Kim Houser • TREC #0611001 • The Property Shoppe - eXp Realty, LLC

Property Details for 489 Martha Street

Waterfront
Yes
Subdivision Name
Shadybrook
STYLE
Manufactured Housing
NEIGHBORHOOD AMENITIES
Common Areas, Tennis Courts, Community Pool, Fishing, Boat Ramp, Other, Playground
LISTING UPDATED: 04/29/2026 05:00 PM

Property Details for 489 Martha Street

StatusActive
MLS #26002842
Days on Market59
Taxes$2,171 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential
Year Built2004
Lot Size0.60 AC / 26,136 SF
CountyCherokee County
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Location

Listing Courtesy of The Property Shoppe - eXp Realty, LLC, Kim Houser, TREC #0611001
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Building Information for 489 Martha Street

Stories1Year Built2004Building Size-Lot Size0.60 AC / 26,136 SF

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$2,573 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,392

Property Taxes

$181

HOA Dues

$0

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Property Information for 489 Martha Street

Summary
Location and General Information
  • County: Cherokee
  • Waterview: No
  • Lake Name: Lake Palestine
  • Directions: From Tyler Loop 323 Head West on FM 2493/Old Jacksonville Hwy, follow FM 346 to Shadybrook Subdivision, turn right on Caroline St, turn left onto Caroline Bend, turn right onto Wiley Dr, Wiley Dr turn left and becomes Martha Dr, house will be on your right, SIY. GPS will take you there.
  • City: Bullard
  • State: TX
  • Geo Subdivision: TX
  • Lake Community: No
Taxes and HOA
  • Taxes: $2171.16
  • HOA Transfer Fee: 400.0
  • HOA/Club (Y/N): Yes
  • Tax Year: 2025
Parking
  • Garage: 1.0
  • GARAGE/CARPORT: Side Entry, Workshop Area, Front Entry
School Information
  • Elementary: Bullard
  • Middle School: Bullard
  • High School: Bullard
Property
Property and Assessments
  • Appraisal District Number: 531859000
  • Class: RESIDENTIAL
  • Year of Construction: 2004
  • Foreclosure/Bank Owned Y/N: No
  • Legal: LT 694 & 695 BLK 2 LK PALESTINE SHADYBROOK-BISD NT
Lot Information
  • Approx SqFt: 1323
  • LOT/LAND DESCRIPTION: Water/Lakefront
  • Total Number of Acres: 0.6
Utilities
  • SEWER: Conventional Septic
  • STREET UTILITIES: Paved
  • Water Co: Southern Utilities
Interior and Exterior Features
Exterior Features
  • CONSTRUCTION: Other/See Remarks
  • EXTERIOR: Deck Covered
  • OUTBUILDINGS: Work Shop
  • FENCING: None
  • POOL/SPA: None
  • ROOF: Aluminum/Metal, Other/See Remarks
  • FOUNDATION: Pier and Beam
Interior Features
  • FIREPLACE: None
  • # Bedrooms: 3.0
  • BEDROOM DESCRIPTION: Master Bedroom Split
  • COOLING: Central Electric, Window Unit(s), Ceiling Fan(s)
  • HEATING: Central/Electric
  • LEVELS: 1 Story
  • # Full Baths: 2.0
  • # Half Baths: 0.0
  • BATH DESCRIPTION: Shower Only, Shower and Tub
  • DINING AREAS: Den/Dining Combo
  • INTERIOR: Satellite Dish, Smoke Alarm
  • FLOORING: Carpet, Laminate
  • KITCHEN EQUIPMENT: Range/Oven-Electric
  • WATER HEATER: Standard-Electric
  • ROOM DESCRIPTION: Family Room, 1 Living Area

Property History for 489 Martha Street

DateEvent & SourcePriceAppreciation
Apr 29, 2026

Listed (Active)

Greater Tyler Association of REALTORS #26002842

$475,000—
Mar 5, 2026

Listed (Active)

NTREIS #21199726

$475,000—
Feb 23, 2026

Listed (Active)

Greater Tyler Association of REALTORS #25012526

$395,000—
DateEvent & SourcePrice
04/29/2026

Listed (Active)

Greater Tyler Association of REALTORS #26002842

$475,000
03/05/2026

Listed (Active)

NTREIS #21199726

$475,000
02/23/2026

Listed (Active)

Greater Tyler Association of REALTORS #25012526

$395,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 489 Martha Street

Taxable ValueLand$54,000Additions$195,270Total$249,270
Tax Record2025$117 ($10 / month)
Home Facts
Total Finished SqFt3,007 SqFtAbove Grade Finished SqFt3,007 SqFtLot Size7,187 SqFtStyleMobile / Manufactured HomeYear Built1997CountyCHEROKEEAPN531859000

Schools near 489 Martha Street

This home is within Bullard Independent School District.
Rating
School
Type
Grades
Distance
Bullard Elementary School
Public - 3 to 4
Bullard Intermediate School
Public - 5 to 6
Bullard Middle School
Public - 7 to 8
Bullard High School
Public - 9 to 12
Rating
School
Distance
Bullard Elementary School
Public3 to 4

Bullard Intermediate School
Public5 to 6

Bullard Middle School
Public7 to 8

Bullard High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 489 Martha Street, Bullard, TX 75757

489 Martha Street is a single family home for sale in Bullard, TX 75757. This property was listed for sale on April 29, 2026 by The Property Shoppe - eXp Realty, LLC, it's currently listed at $475,000. This listing's school district is Bullard Independent School District. Nearby schools include Bullard Elementary School, Bullard Intermediate School and Bullard Middle School. 489 Martha Street is a 3-bed, 2-bath, 1,323 sqft single family home built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Property Shoppe - eXp Realty, LLC, Kim Houser, TREC #0611001

Copyright © 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.