489 Martha St, Bullard

$475,000

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3

Beds

2

Baths

1,323

Square feet

0.60

Acres

About 489 Martha St

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.

Features of 489 Martha St

MLS® # 26002842
Price $475,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,323
Acres 0.60
Year Built 2004
Type Residential
Sub-Type Manufactured Home
Status Active

Community Information

Address 489 Martha St
Subdivision Shadybrook
City Bullard
County Cherokee
Zip Code 75757

Amenities

Amenities Common Area, Tennis Court(s), Fishing, Other, Playground
Utilities Standard Electric
Parking Inside Entrance, Workshop in Garage, Garage
# of Garages 1
Waterfront Lake Front
Has Pool No
Pool None

Interior

Interior Features Master Bedroom Split
Appliances Electric Range
Heating Central/Electric
Cooling Central Electric, Window Unit(s), Ceiling Fan(s)
Fireplace No
Fireplaces Other
Stories One
Has Basement No

Exterior

Roof Aluminum/Metal, Other/See Remarks
Construction See Remarks
Foundation Pillar/Post/Pier

School Information

Elementary Bullard
Middle Bullard
High Bullard

Additional Information

Date Listed March 1st, 2026
Short Sale No
RE / Bank Owned No
HOA Fees 629.7
HOA Fees Freq. Annually

Listing Details

OfficeThe Property Shoppe - eXp Realty, LLC

Listing Map

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