240 Private Road 5516

Palestine, TX 75801

$365,000
Price
3
Beds
2
Baths
1,960 Sq. Ft.
$186 / Sq. Ft.
1,960
Sq. Ft.
$186
per Sq. Ft.

Description

Lake lovers welcome! Welcome to your dream retreat on the private tranquil shores of the 14 acre-Lake Mary. Step off the sandy bank and into luxury living with this stunning newer barn-dominium, boasting expansive living spaces and modern amenities it is nestled on one of the largest lake lots that is offered in this gated subdivision (3 to be exact). It hosts 3 bedrooms with a flex space, 2 bathrooms, an open concept kitchen/living area and plenty of storage. Whether you are seeking a serene weekend...Lake lovers welcome! Welcome to your dream retreat on the private tranquil shores of the 14 acre-Lake Mary. Step off the sandy bank and into luxury living with this stunning newer barn-dominium, boasting expansive living spaces and modern amenities it is nestled on one of the largest lake lots that is offered in this gated subdivision (3 to be exact). It hosts 3 bedrooms with a flex space, 2 bathrooms, an open concept kitchen/living area and plenty of storage. Whether you are seeking a serene weekend get-a-way or year-round paradise, this property offers the perfect blend of sophistication, natural beauty and southern charm. With it's panoramic views of the lake and ample space for outdoor recreation you can't help but to enjoy all the tranquility that's provided; whether taking a nap out in the hammock by the shore or listening to the crawdads sing &while reeling in that big bass. This home just welcomes you to just get comfy on those East Texas Nights while your fire pit is giving off the perfect ambiance as the sun sets in the distance. You don't want to miss this opportunity to make this exclusive oasis yours and make every day a stay-cation not just vacation. Financing option is only Austin Bank Seller is leaving new paddle boat.
  1. Listed by Meagan Miller • TREC #0742351 • LPT Realty LLC

Property Details for 240 Private Road 5516

Waterfront
Yes

Location

Listing Courtesy of LPT Realty LLC, Meagan Miller, TREC #0742351
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LISTING UPDATED: 06/12/2024 10:45 PM

Property Details for 240 Private Road 5516

StatusActive
MLS #24006770
Days on Market32
Taxes$2,629 / year
HOA Fees$1,400 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built2017
Lot Size-
CountyAnderson County

Location

Listing Courtesy of LPT Realty LLC, Meagan Miller, TREC #0742351
Add your commute

Building Information for 240 Private Road 5516

Stories1Year Built2017Building Size-Lot Size-

Payment Calculator

$2,328 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,992

Property Taxes

$219

HOA Dues

$117

The Payment Calculator is for illustrative purposes only.

Property Information for 240 Private Road 5516

Summary
Location and General Information
  • County: Anderson
  • Waterview: No
  • Lake Name: Mary
  • Directions: From the Loop and 84 in Palestine take left go 450 feet to fm323 veer to right after 4 miles to Acr 153, turn right at 2 miles to pvt rd 5516 back entrance to Lake Mary HOA contact Meagan for Gate code at gate turn left house will be on right.
  • City: Palestine
  • State: TX
  • Geo Subdivision: TX
  • Lake Community: No
Taxes and HOA
  • Taxes: 2629
  • HOA/Club (Y/N): Yes
  • Initiation Fee Amt: $200.00
  • Tax Year: 2023
  • HOA/Club Amount: $1,400.00
Parking
  • Garage: 0.0
  • GARAGE/CARPORT: Detached, Golf Cart Storage
School Information
  • Elementary: Elkhart
  • Middle School: Elkhart
  • High School: Elkhart
Property
Property and Assessments
  • Appraisal District Number: 853851
  • Class: RESIDENTIAL
  • Year of Construction: 2017
  • Foreclosure/Bank Owned Y/N: No
  • Legal: LAKE MARY LOT 28, 29 & 30 (IMPROVEMENTS ONLY)
Lot Information
  • Approx SqFt: 1960
  • Total Number of Acres: 0.0
Interior and Exterior Features
Exterior Features
  • CONSTRUCTION: Metal
  • EXTERIOR: Security Gate, Patio Covered, Security Lighting, Gutter(s)
  • OUTBUILDINGS: Gazebo
  • FENCING: None
  • POOL/SPA: None
  • ROOF: Aluminum/Metal
  • FOUNDATION: Slab
Interior Features
  • FIREPLACE: None
  • # Bedrooms: 3.0
  • BEDROOM DESCRIPTION: Guest Bedroom Split, Sitting Area in Master, Walk-In Closet
  • COOLING: Central Electric
  • HEATING: Central/Electric
  • LEVELS: 1 Story
  • # Full Baths: 2.0
  • # Half Baths: 0.0
  • BATH DESCRIPTION: Shower/Tub
  • DINING AREAS: Den/Dining Combo
  • INTERIOR: Ceiling Fan, Security System, Blinds
  • KITCHEN EQUIPMENT: Dishwasher, Pantry, Oven-Electric, Cooktop-Electric
  • ROOM DESCRIPTION: 1 Living Area, Media Room

Property History for 240 Private Road 5516

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 240 Private Road 5516

This home is within Elkhart Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Elkhart Elementary School
PublicPK to 2

Elkhart Middle School
Public6 to 8

Elkhart High School
Public9 to 12

Elkhart Intermediate School
Public3 to 5

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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240 Private Road 5516 is a single family home for sale in Palestine, TX 75801. This property was listed for sale on May 17, 2024 by LPT Realty LLC, it's currently listed at $365,000. This listing's school district is Elkhart Independent School District. Nearby schools include Elkhart Elementary School, Elkhart Middle School and Elkhart High School. 240 Private Road 5516 is a 3-bed, 2-bath, 1,960 sqft single family home built in 2017.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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 LPT Realty LLC, Meagan Miller, TREC #0742351

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.