156 Cove Lane
Brookeland, TX 75931
3
Bed
3
Bath
1,280Sqft
0.78Acre(Lot)
Waterfront Income Property – Turn-Key Lake Sam Rayburn Escape! Maximize your investment potential or claim your ultimate lakefront paradise! Nestled on a massive 0.78-acre lot, this fully renovated 3BR/3BA waterfront home features a proven, highly lucrative short-term rental history with exceptional, established annual returns. Whether you want an income-producing asset or a pristine personal retreat, this property delivers top-tier value. The bright interior features fresh designer paint and premium finishes throughout. A fully remodeled kitchen boasts brand-new appliances, crisp countertops, updated lighting, and a modern tile backsplash. Enjoy total peace of mind with high-end mechanical upgrades, including a newly installed whole-home water filtration system paired with a dedicated rev
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 6 -
Flooring Information
Vinyl -
Roofing Information
Composition -
Interior Features
High Ceilings, Breakfast Bar, Kitchen Island Roof: Composition Appliances: Electric Oven, Microwave, Electric Range, Dryer, Washer Laundry Features: Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Gas Water front: 1
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Building Information
Year Built: 1998 Building Area Total: 1280 Construction Materials: Other Stories: 2 Patio And Porch Features: Covered, Porch Private Pool: No Water front Features: Lake Front, Waterfront Association Fee Frequency: Annually -
Exterior Features
Exterior Features: Dock
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Lot Information
Main Square Feet: 0.776 Acres Lot Size Acres: 0.776 Lot Size Source: Other Lot Size Square Feet: 33802.56 Lot Description: Other, WaterfrontProperty Information
Subdivision: Rayburn Country Sec 2 Source Property Type: Residential Postal Code Plus 4: 6210 Property SubType: Single Family Residence Property Age: 28
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Listing Price Information
Listing Price: $529000 Original Price: $565000 Cash, Conventional, FHA, 1031 Exchange
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Tax Information
Parcel Number: 012400044600 Tax Year: 2025 Annual Tax: $5721 Tax Legal Desc: LOT 32 SEC 2 RAYBURN COUNTRY 1314/680-1314/684 0.776 ACRES
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Parking Information
Parking Total: 4 Detached, Golf Cart Garage, RV Access/Parking, Detached CarportGarage Information
Has Garage: Yes Garage Space: 2Homeowners Association InformationHas Association: Yes Included Fees: Maintenance Grounds HOA: $80.00 Association Amenities: Boat Dock, Clubhouse, Pool Community Features: Clubhouse
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School Information
Elementary School: Brookeland Elementary SchoolJunior High School: Brookeland High SchoolSenior High School: Brookeland High School -
Location Information
Direction: From Sam Rayburn Parkway, go East on 1007, take a left on Lakeshore Dr, take a right on Cove Lane. Red home on the right. 2nd home from Cove Lane and Lakeshore Dr. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 968 Church Street, Brookeland, TX, 75931 | $84,999 | 2 | 1 | 1,830 | 2 Acres |
| 341 Red Wolf Lane, Brookeland, TX, 75931 | $499,000 | 7 | 2 | 2,332 | 10.74 Acres |
| 572 Spur 165, Brookeland, TX, 75931 | $269,000 | 4 | 3 | 1,700 | 1.27 Acres |
| 1630 County Road 219, Brookeland, TX, 75931 | $850,000 | 3 | 2 | 2,112 | 14.81 Acres |
| 122 County Road 223, Brookeland, TX, 75931 | $189,900 | 3 | 2 | 1,492 | 0.64 Acre |
| 207 Arrowcrest Drive Dr, Brookeland, TX, 75931 | $260,000 | 3 | 2 | 1,744 | 0.76 Acre |
| 159 County Road 223, Brookeland, TX, 75931 | $329,999 | 2 | 2 | 1,120 | 1.55 Acres |
| 162 Tamarack Drive, Brookeland, TX, 75931 | $289,000 | 3 | 2 | 1,260 | 0.25 Acre |
| 175 Vantage Dr Dr, Brookeland, TX, 75931 | $460,000 | 4 | 3 | 2,165 | 0.36 Acre |
| 1955 Wingate Blvd Blvd, Brookeland, TX, 75931 | $760,000 | 5 | 4 | 3,553 | 5 Acres |
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ByOwner last updated this listing 09/04/2026 @ 22:17
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