Rare Waterfront Opportunity – Development Potential or Income-Generating Retreat - Create your waterfront residence while generating income, NO HOA - OUTSIDE CITY LIMITS - ALL UTILITIES IN PLACE This prime waterfront property checks every box for investors, developers, or those looking for a flexible lakefront getaway. Currently operating with two park home cottages listed on Airbnb and five fully rented boat slips. The dock system features low-maintenance composite decking, with each slip offering individual storage, controls, boat lifts, and straps to accommodate pontoons and V-hull boats. You'll enjoy 293 feet of protected waterfront, complete with a concrete retaining wall, and concrete boat ramp. An asphalt road with a circle drive makes access smooth and easy, while irrigated, landscaped grounds and mature shade trees offer a tranquil, park-like setting. Security & Privacy Highlights: Cedar privacy fence, Custom gated entrance with keypad and camera system, No HOA dues or restrictions, Located outside city limits. This property is prime someone who is looking to develop a small project into waterfront condos, duplexes, or build your lakefront home with built-in income from boat slips and short-term rentals. The seller is open to removing the Park Home Cottages for the right buyer or vision. Whether you're looking to invest, develop, or just escape, this one-of-a-kind property delivers space, serenity, and serious potential. Concrete boat launch has an easement for the Pinnacle Club, majority of boat slips are rented to Pinnacle Club residence. Social and Golf memberships just a short golf cart ride through Pinnacle Club's back entrance. Opportunities await here.

Listing courtesy of Rena Mccord of Texas Premier Realty [email protected]



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Last checked: 2025-04-20 11:36 AM CDT