Price Reduction - Waterfront
Address
170 Armada Loop, Payne Springs, TX
Price
$ 699,950
Property Attributes
- MLS#21278477
- TypeSingle Family
- Listing Status Active
- CountyHENDERSON
- CityPayne Springs
- NeighborhoodDel Mar Sub
- Zip75156
- StyleSingle Family Residence
- Year Built1988
- Taxes$ 7553
- Price$ 699,950
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1250
- Lot Size0.446 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
TURN-KEY CEDAR CREEK LAKE INVESTMENT Rare opportunity to own a fully operational, income-producing waterfront retreat just one hour southeast of Dallas. This established Airbnb has three years of rental history, a 4.74-star guest rating, and Superhost status that transfers to the new owner. Step in and start earning from day one. Set on a huge, flat double lot in the desirable Del Mar subdivision, the property offers two separate dwellings: a 2-bedroom, 1-bath main home with fully equipped kitchen and cozy lake-view living area, plus a detached guest house studio with full bath and kitchenette, perfect for hosting extended family, accommodating larger guest groups, or capturing premium rental rates with private accommodations for up to 12. WATERFRONT FEATURES that set this property apart: private boat dock with lift for effortless launching, a community boat ramp located right next door for unmatched water access, expansive deck with stunning Cedar Creek Lake views, and a tucked-away cove location that delivers the peace and tranquility today's lake buyers are searching for. The double lot provides rare flexibility with room for outdoor entertaining, future expansion, RV or boat storage, or simply unobstructed space to enjoy lake living. Del Mar residents enjoy POA access to a community park, pavilion, and private boat ramp with fishing pier. FURNISHINGS AND BOAT WITH TRAILER NEGOTIABLE! The seller is open to packaging the home as a true lake life turnkey opportunity, including high-end touches already in place (Moccamaster coffee maker, 600 thread count linens, feather duvets, record player, Bluetooth speakers, fully stocked kitchens, family-friendly amenities). Bring your suitcase, take over the booking calendar, and start enjoying immediate cash flow. Cedar Creek is Texas's fourth-largest lake with 320 miles of shoreline, world-class bass and catfish fishing, and easy access via US-175. Showings require advance notice to work around active bookings.
| Elementary School |
|---|
| Central Elementary School |
| Price History | |
|---|---|
| 5/22/2026 | Listed $749,950 |
| 8/18/2026 | 7$699,950 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | City Water,Electricity Connected,Septic,Underground Utilities |
| Possession | Closing/Funding |
| Roof | Shingle |
| Appliances | Dishwasher,Disposal,Electric Range,Electric Water Heater |
| Assoc Fees | 250 |
| Number of Garage Spaces | 2 |
| School District | Mabank ISD |
| HOA Fee Includes | Maintenance Grounds |
| Year Built | 1988 |
| Community Features | Fishing,Lake,Park,Pickle Ball Court,Playground |
| Levels | One |
| Unexempt Taxes | 7553 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Del Mar Sub |
| Transaction Type | For Sale |
| Occupant Type | Tenant |
| County | Henderson |
| Property Type | Residential |
| Security Features | Smoke Detector(s) |
| Association Fee Frequency | Annually |
| Year Built Details | Preowned |
| HOA Type | Voluntary |
| Full Baths | 2 |
| Status | Active |
| Directions | From Hwy 198 South,turn right onto Leisure Land Rd. Continue approximately 1 mile to Del Mar entrance,turn left onto Del Mar. Left on Barcelona (street curves and becomes Cordoba). Right onto Armada |
| City | Payne Springs |
| Elementary School Name | Central |
| High School | Mabank |
| Elementary School | Central |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21278477 |
| Standard Status | Active |
| Junior High School | Mabank |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | Decorative Lighting,Double Vanity,High Speed Internet Available,Kitchen Island,Natural Woodwork,Open Floorplan,Vaulted Ceiling(s) |
|---|---|
| Flooring | Tile |
| Fireplace Features | Living Room,Wood Burning Stove |
| Fireplaces Total | 1 |
| Dining Areas | 1 |
| Living Areas | 1 |
| Room Count | 2 |
| Lock Box Type | Combo |
| Total Bedrooms | 3 |
| Total Baths | 2 |
| Window Features | Window Coverings |
| Laundry Features | Dryer Hookup,Washer Hookup |
Exterior Features
| Waterfront | Yes |
|---|---|
| Exterior Features | Boat Slip,Dock,Rain Gutters |
| Lot Features | Landscaped,Lrg. Backyard Grass,Water/Lake View,Waterfront |
| Fencing | Back Yard |
| Parking Features | Additional Parking,Boat,Concrete,Garage,Gravel |
| WaterFront Features | Dock – Covered,Lake Front,Retaining Wall – Other,Retaining Wall – Steel |
| Lot Size | Less Than .5 Acre (not Zero) |
| Covered Spaces | 2 |
| Lot Size Area | 0.4460 |
| Lot Size Units | Acres |
| Structural Style | Lake House,Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 19427.7600 |
| Lot Size Acres | 0.4460 |
| Patio And Porch Features | Deck |
| Attached Garage Y/N | Yes |
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
Property vs Single Family Average in 75156
Price
Taxes
Year Built
Visits
In The Neighborhood
Water Views
Payne Springs
$ 199,000
110 Hidalgo Loop
Payne Springs, TX 75156
- Type
- Single Family
- Size
- 1,938 SqFt
- Rooms
- 3 Beds + 2 Baths
Waterfront
Payne Springs
$ 320,000
170 Sierra Madre Street
Payne Springs, TX 75156
- Type
- Single Family
- Size
- 2,000 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Reduced
Payne Springs
$ 309,000
113 Nina Street
Payne Springs, TX 75156
- Type
- Single Family
- Size
- 1,692 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Reduced
Payne Springs
$ 249,900
124 Armada Loop
Payne Springs, TX 75156
- Type
- Single Family
- Size
- 1,547 SqFt
- Rooms
- 3 Beds + 2 Baths
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
