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3 Beds
2 Baths
1,323 sqft

$449,000

489 Martha Street, Bullard TX, 75757

Price per sqft$339.38
Built in2004
Property size1,323 sqft
Property typeManufactured

Overview

Active

Updated 3 days ago

Deep-Water on Lake Palestine, Shadybrook Gated Community There's lake life — and then there's this. Tucked inside the exclusive gated community of Shadybrook on Lake Palestine, this exceptional East Texas retreat offers something that serious water lovers spend years searching for: 192 feet of deep-water shoreline. That's not a detail. That's a lifestyle. Spanning approximately 0.6 acres across four separate tracts, this property delivers rare flexibility alongside stunning waterfront living. Whether you're casting a line from your private fishing pier, launching from your own boat dock, or simply watching the sun melt into the lake at the end of the day, this is the kind of place that makes every season feel like vacation. The main home offers 3 bedrooms and 2 bathrooms — comfortable and inviting whether you're settling in full-time or escaping for the weekend. And the possibilities don't stop there. With four tracts combined, there's ample room to build a second residence while living in the existing home, making this as strong an investment as it is a retreat. The impressive 20x40 shop with heated and cooled office quarters and a full bathroom adds another layer of versatility — think guest overflow, a creative studio, a home office, or the ultimate hobby space. A whole-home propane generator ensures you're never at the mercy of the grid, and the property's short-term rental-friendly status opens the door to serious income-producing potential. Gated security. Deep water. Room to grow. East Texas at its absolute finest. This is the one you don't wait on.

$2,987/mo

Est. mortgage payment based on a $449,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21404668

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.6 Acres

Other Property Details

Association Fee Frequency
Yearly
Waterfront
Yes

Listed by Kim Houser with The Property Shoppe - eXp Realty, LLC
Listing Contact: 903-561-2200 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 10/7/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/7/2026 at 6:47 AM UTC

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