Tool, TX 75143 1505 Kanakoa * Drive N

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Presented By: Paul Ruth with RE/MAX Dallas Suburbs; 940-300-1887
  • MLS# 20916321
  • 04/26/2025
  • Request Tour
  • Request Info
  • SQFT • 2,400

Home Details

GREAT CAP RATE Pro Forma! VRBO Rental Opportunity! This Spacious lake retreat situated on large tree shaded lot with wonderful lake views on the water will attract the best of the best Vacation, Rental, Hospitality. This is turnkey project. All furnishings, dishes, appliances, fishing equipment, even a large Bay liner Ski or Fishing boat comes with the property. EVERYTHING is there for an investor to immediately start booking rooms. This well maintained 3 bedroom 3 bath home is the perfect getaway and will sleep up to 15 comfortably. The home features 2 living areas and 2 master bedrooms. Rustic finish out with wood floors, exposed beams, and roughed cedar ceiling. Open concept with lots of windows on the lake side. Kitchen offers solid surface counter tops, tile back splash, double ovens and breakfast bar. The upstairs master bedroom offers a separate room currently being used as bunk room or fourth bedroom. Great outdoor entertaining area with wrap around porch plus outdoor dining area and built in grilling area! Great boathouse with power lift for a boat and jet ski with remote operation. All covered along with lake pump and sprinkler system for the entire yard. Lots of space to park on the large concrete drive. This lake house comes furnished plus a great boat to enjoy the lake life!
Presented By: Paul Ruth with RE/MAX Dallas Suburbs; 940-300-1887

Interior Features for 1505 Kanakoa * Drive N

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet
Heating Y/NYes
Total Stories2

General for 1505 Kanakoa * Drive N

Additional Parcels Y/NNo
Attached Garage No
AttributionContact940-300-1887
Business TypeBedAndBreakfast, Other, RealEstate, Rental, Residential, Travel
Carport Y/NNo
CityTool
Construction MaterialsVinylSiding
CoolingCentralAir, CeilingFans, Electric
CountyHenderson
DirectionsGPS for Best Directions
Electric On Property Y/NNo
Garage Y/NNo
Gross Income0.0
HOANo
HeatingCentral, Electric, HeatPump
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area0.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLT 2053 AB 488 T S MITCHELL SUR, PARADISE BAY
Lot Size Square Feet14200.56
Lot Size UnitsAcres
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-28T19:41:46.120-00:00
Net Operating Income0.0
New ConstructionNo
Number Of Units Total1
Occupancy TypeOwner
OwnerPaysAllUtilities
PossessionCloseOfEscrow
Possible UseOther
Property Attached Y/NNo
Property Sub Type AdditionalBusiness
Property SubtypeBusiness
Property TypeCommercialSale
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameParadise Bay
Tax Annual Amount7985.0
Tax Lot2053
Tenant PaysOther
UtilitiesWaterAvailable
ViewWater
Virtual TourClick here
Waterfront FeaturesBoatDockSlip, BoatRampLiftAccess, LakeFront
Waterfront Y/NYes
Year Built1980
Year Built DetailsPreowned
Zoning DescriptionLake Property

Exterior for 1505 Kanakoa * Drive N

Building Area Total2400.0
Crops Included Y/NNo
Foundation DetailsPillarPostPier
Horse Y/NNo
InclusionsOther
Irrigation Water Rights Y/NNo
Lot FeaturesInteriorLot, Subdivision, FewTrees, RetainingWall
Lot Size Acres0.326
Lot Size Area0.326
Lot Size SourcePublicRecords
Open Parking Y/NNo
Parking FeaturesConcrete, Driveway, OnSite, Outside, Oversized
SpaNo
Water SourcePublic

Additional Details

Price History

Katie Edwards

Realtor
Price $729,000
MLS#20916321
List Date 04/26/2025
Property Type Commercial
Phone 979.571.7600
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