1216 Shahan Prairie Road, Little Elm TX, 75068
(Active)
$3,295,000
|
3 beds, 2 Full baths, 5,800 sqft
|
MLS# 20332404
Last Updated: 5/20/2024 11:58 AM
Description for
1216 Shahan Prairie Road
Little Elm, TX 75068
Offering 4.5 ACRES of GORGEOUS LAKEFRONT Property complete w Main House, Guest house & 3 Unit Apartment building which currently nets over $75K per year! Currently installing 3 New Roofs & Siding due to recent storm. HVAC in Main House replaced Dec 23. Nestled in the Cove at Oak Point,on Lake Lewisville, in Little Elm at the Peninsula. No HOA or Deed Restrictions is a bonus and you have more space to play and build on. The Property boasts a 3 Bed 2 Bath Main House with over 2,000 sq ft. Enjoy great views of the Lake from every angle. Separate Guest Hse with 2 Apartments & 4 car Garage, plus a 3 Apartment Unit built in 2022. 1 Bd 1 Bth w Kitchen & Living Room* 700 sq ft complete. Building has 5 Bay Garage *10ft High Doors* partially climate controlled w Storage Closet for Each Unit & a shared Laundry. 2 Slip Boathouse w Active Permit. This is what you have been looking for! Enjoy Beautiful Sunrise & Sunsets along with Fishing, Swimming & a relaxed Lake lifestyle year round,
Price
$3,295,000
Dm Cule
Denton
3
2 Full
5,800 (approx)
20332404
Active
Description
Offering 4.5 ACRES of GORGEOUS LAKEFRONT Property complete w Main House, Guest house & 3 Unit Apartment building which currently nets over $75K per year! Currently installing 3 New Roofs & Siding due to recent storm. HVAC in Main House replaced Dec 23. Nestled in the Cove at Oak Point,on Lake Lewisville, in Little Elm at the Peninsula. No HOA or Deed Restrictions is a bonus and you have more space to play and build on. The Property boasts a 3 Bed 2 Bath Main House with over 2,000 sq ft. Enjoy great views of the Lake from every angle. Separate Guest Hse with 2 Apartments & 4 car Garage, plus a 3 Apartment Unit built in 2022. 1 Bd 1 Bth w Kitchen & Living Room* 700 sq ft complete. Building has 5 Bay Garage *10ft High Doors* partially climate controlled w Storage Closet for Each Unit & a shared Laundry. 2 Slip Boathouse w Active Permit. This is what you have been looking for! Enjoy Beautiful Sunrise & Sunsets along with Fishing, Swimming & a relaxed Lake lifestyle year round
Listing Information
| Property Type: Single Family, Traditional, 2 Story | ||
| 3 | 2 Full | |
| 11 | 4.47 Acres | 5,800 (approx) |
| 1992 | Yes-9 spaces | 2 |
| Brick,Wood | ||
Dm Cule
Slab
Private, Well
Septic Tank
Neighborhood
School Information
| District: Little Elm ISD | ||
| Oak Point | Little Elm | |
Room Information
| Bathrooms | |||
| 2 | |||
Fireplace
Electric Dryer Hookup, Washer Hookup, Other
Interior Features
Dishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave
Tile, Ceramic Tile, Carpet
Central Air, Electric, Ceiling Fan(s)
Electric Heating,
Central
Guest House
Window Coverings
1,
Circulating, Decorative, Electric, Living Room
Other
Exterior / Lot Features
9 Garage Spaces,
Additional Parking, Boat, Circular Driveway, Common, Concrete, Deck, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side, Golf Cart Garage, Gravel, Heated Garage, Inside Entran
Wood, Brick
Front Porch, Patio, See Remarks
Composition
Water
Balcony, Boat Slip, Dock, Dog Run, Gray Water System, Lighting, Playground, Private Yard, Storage, Other,
Irregular Lot, Landscaped, Many Trees, Waterfront
Driving Directions
GPS best. Once you turn on Shahan Prairie Rd, go almost to the end of the peninsula. Property has 2 driveways, into the Main & Guest House, plus the Apartment Building. Park in either. Enjoy the views on this beautiful 4.5 Acre Section of Prime Lakefront prpty & be sure to check out the BOATHOUSE!
Financial Considerations
| R44159 |
| $12,721 |
Cash, Conventional
Listing Price History
Little Elm Real Estate
Little Elm is located in Texas. Little Elm, Texas 75068 has a population of 48,981.
The median household income in Little Elm, Texas 75068 is $104,753. The median household income for the surrounding county is $91,772 compared to the national median of $66,222. The median age of people living in Little Elm 75068 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/22/2024 | Active | $3,295,000 USD -2.95% |
|
| 12/31/2023 | Active | $3,395,000 USD -2.86% |
|
| 10/10/2023 | Active | $3,495,000 USD -2.92% |
|
| 7/21/2023 | Active | $3,600,000 USD -7.69% |
|
| 7/15/2023 | Active | $3,900,000 USD |
|
| 7/10/2023 | Pending | $3,900,000 USD |
|
| 5/25/2023 | Active | $3,900,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $10,904 USD | -10.08% | $1,585,806 USD | - |
| 2022 | $12,126 USD | 20.32% | $1,585,806 USD | 152.41% |
| 2021 | $10,078 USD | -3.73% | $628,260 USD | - |
| 2020 | $10,469 USD | -12.31% | $628,260 USD | -2.69% |
| 2018 | $11,939 USD | 5.78% | $645,595 USD | 1.69% |