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489 Martha Street

Bullard, Texas 75757
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Bed 3

Bed

Bath 2

Bath

SqFt1,323

Sqft

Acres0.60

Acre(Lot)

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 — comfor table 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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Detail Ic Property Details

Property Type : Residential

Price : $475,000

AD Id : 75938044

MLS Id : 553383817

Beds : 3

Lot Size : 0.60 Acre

Living Area Size : 1,323

Year Built : 2004

County : Cherokee

Subdivision: Shadybrook

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0
  • Interior Features

    Eat-in Kitchen

    Appliances

    Electric Oven,Electric Range

    Utilities

    Septic
  • Cooling Features

    Ceiling Fan(s),Electric,Window Unit(s)

    Heating Source

    Central

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 2004 Construction: Aluminum Siding
  • Construction Materials

    Aluminum Siding

  • Lot Information

    Lot Size (Acr): 0.6000 Lot Size Units: Acres Lot Size Square Feet: 26,136 Lot Size Source: Public Records
  • Property Information

    SQ ft (Living Area): 1,323 Property Type: Residential Property Sub Type: Mobile Home Subdivision: Shadybrook City: Bullard State: Texas Directions: From Tyler Loop 323 Head West on FM 2493 Old Jacksonville Hwy, follow FM 346 to Shadybrook Subdivision, turn right on Caroline St, turn left onto Caroline Bend, turn right onto Wiley Dr, Wiley Dr turn left and becomes Martha Dr, house will be on your right, SIY. GPS will take you there. Property Status: Active Levels: One Property Age: 22 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $475,000 List Price Tot SqFt: $359
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 531859000, 531860000 Tax Block: 2 Tax Legal Description: LT 694-696,697B, BK 2 Lk Palestine Shadybrook BISD

  • Parking Information

    Carport Spaces: 1 Parking Features: Carport
  • Homeowners Association Information

    Included Fees: Maintenance Grounds HOA Type: Mandatory HOA: $629.00 HOA Frequency: Annually

  • School Information

    Elementary School: Bullard Middle School: Bullard High School: Bullard Intermediate School: Bullard School District: Bullard ISD
  • Utility Information

    Utilities: Septic
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Nearby Home Value

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1004 San Saba St, Bullard, TX, 75757 $115,900 3 2 1,216 1,216 SqFt
128 Eton Ct., Bullard, TX, 75757 $87,000 3 2 1,216 1,216 SqFt
361 Balmorea Drive, Bullard, TX, 75757 $89,900 3 2 1,173 1,173 SqFt
181 Byron Ct, Bullard, TX, 75757 $175,000 3 2 1,685 1,685 SqFt
120 Co Rd 3513, Bullard, TX, 75757 $115,900 3 2 1,116 1,116 SqFt
258 Woodhue, Bullard, TX, 75757 $1,950 5 3 2,280 2,280 SqFt
543 Cr 3515, Bullard, TX, 75757 $179,000 2 2 1,000 1,000 SqFt
22908 Shell Shore Dr, Bullard, TX, 75757 $115,500 2 2 924 924 SqFt
720 Caroline Bnd, Bullard, TX, 75757 $169,000 3 2 1,216 1,216 SqFt
154 Janis Dr, Bullard, TX, 75757 $180,000 3 2 1,344 1,344 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/11/2026 @ 00:32

MLS: 553383817 LISTED BY: Kim Houser, The Property Shoppe - eXp Realty, LLC 903-330-2919 SOURCE: NTREIS - North Texas Real Estate Information

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