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.
For sale
$749,950
170 Armada Loop, Mabank, TX 75156
3beds
1,250sqft
Single Family Residence
Built in 1988
0.45 Acres Lot
$-- Zestimate®
$600/sqft
$21/mo HOA
What's special
Fully equipped kitchenHuge flat double lotRoom for outdoor entertaining
- 28 days |
- 351 |
- 28 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Bobby Moats 0652117 972-215-7747,
LPT Realty LLC 972-215-7747
Source: NTREIS,MLS#: 21278477
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 12 x 13
Living room
- Features: Fireplace
- Level: First
- Dimensions: 20 x 20
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Disposal
- Laundry: Washer Hookup, Dryer Hookup
Features
- Decorative/Designer Lighting Fixtures, Double Vanity, High Speed Internet, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Natural Woodwork
- Flooring: Tile
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning Stove
Interior area
- Total interior livable area: 1,250 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Boat, Concrete, Garage, Gravel
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Boat Slip, Dock, Rain Gutters
- Pool features: None
- Fencing: Back Yard
- Has view: Yes
- View description: Water
- Has water view: Yes
- Waterfront features: Boat Dock/Slip, Lake Front, Waterfront
- Body of water: Cedar Creek
Lot
- Size: 0.45 Acres
- Features: Back Yard, Lawn, Landscaped, Waterfront, Retaining Wall
Details
- Parcel number: 25900000362058
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- Year built: 1988
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Septic Available, Underground Utilities, Water Available
Community & HOA
Community
- Features: Fishing, Lake, Playground, Park, Pickleball
- Security: Smoke Detector(s)
- Subdivision: Del Mar Sub
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $250 annually
- HOA name: Del Mar Owners Association
- HOA phone: 903-501-3292
Location
- Region: Mabank
Financial & listing details
- Price per square foot: $600/sqft
- Tax assessed value: $435,106
- Annual tax amount: $7,553
- Date on market: 5/22/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $749,950$600/sqft |
Source: NTREIS #21278477 Report a problem | ||
| 2/6/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/16/2024 | Listed for rent | $3,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/15/2022 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,418 +8.4% | $435,106 +0% |
| 2024 | $3,153 +3.3% | $434,961 +2.5% |
| 2023 | $3,052 +2.1% | $424,152 +5.3% |
| 2022 | $2,987 -28.2% | $402,830 |
| 2021 | $4,162 +169.1% | -- |
| 2020 | $1,546 -67.7% | -- |
| 2019 | $4,788 +8.9% | $238,010 +8.9% |
| 2018 | $4,397 +15.2% | $218,600 +15.2% |
| 2017 | $3,816 +0.1% | $189,690 |
| 2016 | $3,810 +0.9% | $189,690 |
| 2015 | $3,778 0% | $189,690 |
| 2014 | $3,778 | $189,690 |
| 2013 | -- | $189,690 |
| 2012 | -- | $189,690 |
| 2011 | -- | $189,690 |
| 2010 | -- | $189,690 |
| 2009 | -- | $189,690 +0.6% |
| 2008 | -- | $188,500 |
| 2007 | -- | $188,500 +1.2% |
| 2006 | -- | $186,320 +8.3% |
| 2005 | -- | $172,070 -34% |
| 2004 | -- | $260,670 +45.6% |
| 2003 | -- | $179,060 +4.7% |
| 2002 | -- | $170,990 +90.6% |
| 2001 | -- | $89,700 |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75156
Nearby schools
GreatSchools rating
- 5/10Southside Elementary SchoolGrades: PK-4Distance: 4.3 mi
- 6/10Mabank Junior High SchoolGrades: 7-8Distance: 6.4 mi
- 6/10Mabank High SchoolGrades: 9-12Distance: 6.6 mi
Schools provided by the listing agent
- Elementary: Central
- Middle: Mabank
- High: Mabank
- District: Mabank ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Henderson County
- Payne Springs
- 75156
- 170 Armada Loop



