489 Martha Street, Bullard, TX 75757
Local realty services provided by:ERA Myers & Myers Realty
Listed by: kim houser
Office: the property shoppe - exp realty, llc.
MLS#:21199726
Source:GDAR
Price summary
- Price:$475,000
- Price per sq. ft.:$359.03
- Monthly HOA dues:$52.42
About this home
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....
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Home facts
- Year built:2004
- Listing ID #:21199726
- Added:65 day(s) ago
- Updated:May 11, 2026 at 11:48 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Electric Oven, Electric Range
- Living area:1,323 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric, Window Units
- Heating:Central
Structure and exterior
- Year built:2004
- Building area:1,323 sq. ft.
- Lot area:0.4 Acres
- Levels:1 Story
Schools
- High school:Bullard
- Middle school:Bullard
- Elementary school:Bullard
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$359.03
Features and amenities
- Appliances:Electric Oven, Electric Range
Parking
- Carport spaces:1
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