Tool, TX 75143 1505 Kanakoa * Drive S

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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

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 S

Other Interior Features

SQFT Gross2400
Lock Box TypeSupra
FlooringCarpet
Total Stories2
Total Units1

General for 1505 Kanakoa * Drive S

Building UseOther
Business TypeBed & Breakfast, Real Estate, Rental, Residential, Travel, Other
Ceiling HeightOther
CityTool
Construction MaterialsVinyl Siding
CoolingCeiling Fan(s), Central Air, Electric
CountyHenderson
DirectionsGPS for Best Directions
Gross Annual Expenses0.00
HeatingCentral, Electric, Heat Pump
Listing TermsLease Purchase, Owner Will Carry
Occupant TypeOwner
Owner PaysAll Utilities
PossessionClosing/Funding
Property SubtypeBusiness
Property TypeCommercial Sale
RoofComposition
Standard StatusActive
StatusActive
Subdivision NameParadise Bay
Tenant PaysOther
Unexempt Taxes7985
UtilitiesCity Water
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Year Built1980
Year Built DetailsPreowned
Zoning DescriptionLake Property

Exterior for 1505 Kanakoa * Drive S

Building Area Total2400.00
Foundation Pillar/Post/Pier
Lot FeaturesFew Trees, Interior Lot, Subdivision, Water/Lake View
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.3260
Lot Size Area0.3260
Lot Size SourcePublic Records
Lot Size Square Feet14200.5600
Lot Size UnitsAcres
Parking FeaturesConcrete, Driveway, On Site, Outside, Oversized
WaterFront FeaturesDock – Covered, Lake Front, Personal Watercraft Lift, Retaining Wall – Other
WaterfrontYes

Additional Details

Price History

Mec Cheney

Realtor
Price $699,900
MLS#20916321
List Date 04/26/2025
Property Type Commercial
Phone 903.570.7479
Request Tour
Request Info
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