Doug Eastland

241 Rs County Road 1534

Point, TX
$ 699,770 Beds 5 Baths 4 Sq 2,551 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to the Reel Lazy Lake House, a wonderful family waterfront retreat on beautiful Lake Tawakoni! Currently operating as a successful and profitable short-term rental, this unique lakefront property offers the perfect combination of personal enjoyment and investment potential. With two homes on site featuring a combined 5 bedrooms and 4 full bathrooms, this property is ideal for large families, vacation rentals, weekend getaways, or income-producing opportunities. The main home features 3 bedrooms and 3 bathrooms with wood-look flooring, shiplap accents, natural wood trim, and expansive windows showcasing stunning lake views. The fully renovated kitchen offers new cabinetry, quartz countertops, stainless steel appliances, and ample space for entertaining. The spacious living area includes a pool table and comfortable gathering spaces, while the private primary suite features its own lakeside deck and ensuite bathroom. A large screened porch and hot tub provide additional spaces to relax and enjoy the views. Connected by a boardwalk, the detached guest house, known as the 'Party Room' is an entertainment destination all its own. Complete with ping pong, air hockey, foosball, poker table, & more, it's designed for endless fun. The guest house also includes a living area, full bathroom downstairs, and an additional bedroom upstairs. Outside, enjoy everything Lake Tawakoni living has to offer, including waterfront access, a private pier, boat dock, fire pit, volleyball court, and plenty of room for outdoor gatherings. Located in one of East Texas' most popular recreational lake destinations and within easy driving distance of the DFW Metroplex, this property offers a rare opportunity to own a proven short-term rental, family retreat, and waterfront investment all in one. Whether you're searching for a lake house, vacation rental, Airbnb investment, or weekend getaway, the Reel Lazy Lake House is ready to make memories from day one. Furnishings are negotiable.

Active

  • Price
  • $ 699,770
  • City
  • Point
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • RAINS
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.75 Acres
  • Zip
  • 75472
  • Sqr Footage
  • 2,551
  • Year Built
  • 1969
  • Taxes
  • $ 6748
  • Style
  • Split Level,Traditional
  • MLS#
  • 21307564
Listed By: Fathom Realty, LLC
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric,Heat Pump
Cooling Ceiling Fan(s),Central Air,Electric
Utilities All Weather Road,City Water,Co-op Electric,Electricity Connected,Individual Water Meter,Outside City Limits,Septic
Possession Closing/Funding
Roof Metal
Appliances Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Microwave
Easements Electric,Utilities,Water Lines
Number of Garage Spaces 3
School District Rains ISD
Year Built 1969
Architectural Style Split Level,Traditional
Levels Three Or More
Unexempt Taxes 6748
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Sun Point
Transaction Type For Sale
Occupant Type Tenant
County Rains
Property Type Residential
Security Features Security System,Smoke Detector(s)
Construction Materials Board & Batten Siding,Cedar,Fiber Cement,Siding
Year Built Details Preowned
HOA Type None
Special Notes Aerial Photo,Survey Available
Full Baths 4
Status Active
Directions Please refer to your preferred navigation system
City Point
Elementary School Name Rains
High School Rains
Elementary School Rains
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21307564
Standard Status Active
Junior High School Rains
Listing Terms Cash,Conventional

Interior Features

Interior Features Chandelier,Decorative Lighting,Double Vanity,Flat Screen Wiring,Kitchen Island,Multiple Staircases,Natural Woodwork,Open Floorplan,Walk-In Closet(s)
Flooring Luxury Vinyl Plank
Fireplace Features Electric,Family Room
Dining Areas 1
Living Areas 3
Room Count 10
Lock Box Type None
Total Bedrooms 5
Total Baths 4
Laundry Features Electric Dryer Hookup,In Hall,Stacked W/D Area,Washer Hookup,On Site

Exterior Features

Waterfront Yes
Exterior Features Balcony,Boat Slip,Covered Patio/Porch,Dock,Fire Pit,Rain Gutters,Mosquito Mist System
Lot Features Few Trees,Water/Lake View,Waterfront
Vegetation Cleared
Soil Type Sandy Loam
Other Structures Boat House
Parking Features Driveway,Garage,Garage Double Door,Garage Faces Front,On Street
WaterFront Features Dock – Covered,Lake Front,Lake Front – Main Body,Retaining Wall – Steel
Lot Size .5 to < 1 Acre
Covered Spaces 3
Foundation Concrete Perimeter,Pillar/Post/Pier
Lot Size Area 0.7500
Lot Size Dimensions .5 sra leased
Lot Size Units Acres
Structural Style Lake House,Single Detached,Vacation Home
Garage Y/N Yes
Lot Size Square Feet 32670.0000
Lot Size Acres 0.7500
Patio And Porch Features Covered,Deck

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Rains Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/19/2026 Listed $750,000
8/1/2026 4% - $725,000
8/20/2026 4% - $699,770

Property vs Zip Code Average in 75472

Price
AVG $330K
$700K
Taxes
AVG $3,601
$6,748
Year Built
AVG 1985
1969
Visits
AVG 126
16
Data Provided by Inside Real Estate®

Areas That We Cover

241 Rs County Road 1534 Point, TX is a Single Family Home for sale at $699770 with 2551 sqft and a lot size of 0.75 Acres Acre(s). 241 Rs County Road 1534 Point has 5 bedrooms, 4 baths and was built in 1969. The property's zip code is 75472 which is in Point, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Doug Eastland

Doug Eastland

254-722-4333

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