489 Martha St

$395,000
Price
1,323 Sq. Ft.
$299 / Sq. Ft.
1,323
Sq. Ft.
$299
per Sq. Ft.

Description

Lakeside Living at Its Finest in Shadybrook on Lake Palestine! Welcome to your dream retreat nestled in the exclusive gated community of Shadybrook on stunning Lake Palestine in East Texas! This remarkable property offers the perfect blend of relaxation, recreation, and investment potential. Key Features You'll Love: 3 Spacious Bedrooms & 2 Bathrooms: Perfect for family living, living on-site while you build, or hosting guests. Two Expansive Lots with another 2 adjoining waterfront parcels available...Lakeside Living at Its Finest in Shadybrook on Lake Palestine! Welcome to your dream retreat nestled in the exclusive gated community of Shadybrook on stunning Lake Palestine in East Texas! This remarkable property offers the perfect blend of relaxation, recreation, and investment potential. Key Features You'll Love: 3 Spacious Bedrooms & 2 Bathrooms: Perfect for family living, living on-site while you build, or hosting guests. Two Expansive Lots with another 2 adjoining waterfront parcels available for purchase. Enjoy unparalleled privacy and space on this 0.4-acre property, featuring an impressive 170' of shoreline. Private Boat Dock & Fishing Pier: Step outside to your own slice of paradise—ideal for boating, fishing, or simply soaking up the tranquil lake views. 20x40 Shop with Office Quarters: The workshop is equipped with heated and cooled office space and a full bathroom, providing ultimate convenience and flexibility for work, hobbies, or storage. Whole-Home Propane Generator: With a reliable propane-powered generator, you’ll have peace of mind and uninterrupted comfort no matter the weather. Build & Expand: With ample space, you can live comfortably in the existing home while building another on the property, making it a versatile and future-ready investment. Versatility: Whether you're searching for your forever home, a peaceful vacation retreat, or an income-producing short-term rental, this property offers endless possibilities. Situated in a serene, tree-lined community, this lakeside gem invites you to unwind on the water, enjoy spectacular sunsets, and create lasting memories. Plus, with gated access, you’ll relish the peace of mind and exclusivity that Shadybrook provides. Don't miss the chance to own this exceptional property on Lake Palestine. Whether you're looking for a private sanctuary or your next investment opportunity, this home is a true treasure waiting to be discovered.
  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: 08/19/2025 08:17 AM

Property Details for 489 Martha Street

StatusActive
MLS #25012526
Days on Market142
Taxes$2,171 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built2004
Lot Size0.40 AC / 17,424 SF
CountyCherokee County

Location

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

Building Information for 489 Martha Street

Stories1Year Built2004Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

$2,106 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,925

Property Taxes

$181

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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: 0.4
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
Aug 19, 2025

Listed (Active)

Greater Tyler Association of REALTORS #25012526

$395,000
Aug 18, 2025

Listed (Active)

Greater Tyler Association of REALTORS #25009106

$500,000
Aug 16, 2025

Withdrawn

Greater Tyler Association of REALTORS #25009106

Jul 6, 2025

Listed (Active)

Greater Tyler Association of REALTORS #25009106

$550,000
DateEvent & SourcePrice
08/19/2025

Listed (Active)

Greater Tyler Association of REALTORS #25012526

$395,000
08/18/2025

Listed (Active)

Greater Tyler Association of REALTORS #25009106

$500,000
08/16/2025

Withdrawn

Greater Tyler Association of REALTORS #25009106

07/06/2025

Listed (Active)

Greater Tyler Association of REALTORS #25009106

$550,000

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
Public - 3 to 4
Public - 5 to 6
Public - 7 to 8
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.

Similar Homes

Similar Sold Homes

489 Martha Street is a single family home for sale in Bullard, TX 75757. This property was listed for sale on August 19, 2025 by The Property Shoppe - eXp Realty, LLC, it's currently listed at $395,000. 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 makes 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

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