Beautiful waterfront lot in a relaxed and peaceful Lake Palestine community. Site is prepared for your dream home or weekend getaway home! The lot is about 120 feet deep, but you have access to an additional 70 feet of depth through the portion of the property lying between the lot line and the water. Restrictions allow a minimum 450 square feet heated and cooled space for site-built homes. Mobile and modular homes allowed. All improvements subject to ACC approval. An optional approved site plan is available, including a preliminary survey, approved three bedroom, two bath cabin plan, and an approved septic design. High-speed internet access available. The community provides two swimming pools, parks, a playground, boat ramp, swimming pier, and a clubhouse through a very reasonable annual HOA fee. Short-term rental friendly.
Lot/land
$140,000
279 Martha St, Bullard, TX 75757
--beds
--baths
0.25Acres
Unimproved Land
Built in ----
0.25 Acres Lot
$-- Zestimate®
$--/sqft
$41/mo HOA
What's special
Beautiful waterfront lot
- 22 days
- 185
- 11
Zillow last checked:
Listing updated:
Listed by:
Jonathan Martin 903-316-6653,
Coldwell Banker Apex, REALTORS
Source: GTARMLS,MLS#: 26013169
Facts & features
Property
Features
- Fencing: None
- On waterfront: Yes
- Waterfront features: Lake Front
- Body of water: Lake Palestine
- Frontage length: 60
Lot
- Size: 0.25 Acres
- Dimensions: 60 x 118
- Features: Lake on Lot, Rectangular Lot, Subdivision
- Topography: Sloped
- Residential vegetation: Partially Wooded
Details
- Parcel number: 531877000
Utilities & green energy
- Sewer: None
- Water: Private
- Utilities for property: Phone Available, Cable Available, Electric On Site, Natural Gas Not Available, Water On Site, Cable Internet
Community & HOA
Community
- Features: Boat Ramp
- Security: Security Gate
- Subdivision: Shadybrook
HOA
- Has HOA: Yes
- Amenities included: Common Area, Tennis Court(s), Pool, Fishing, Security, Greenbelt, Playground
- HOA fee: $488 annually
Location
- Region: Bullard
Financial & listing details
- Tax assessed value: $45,000
- Annual tax amount: $4,544
- Date on market: 9/24/2026
- Listing terms: Conventional,Cash
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $140,000-17.6% |
Source: | ||
| 7/1/2026 | Listing removed | $169,900 |
Source: | ||
| 1/1/2026 | Listed for sale | $169,900-15% |
Source: | ||
| 12/23/2025 | Listing removed | $200,000 |
Source: | ||
| 9/20/2025 | Listed for sale | $200,000+73.9% |
Source: | ||
| 7/31/2020 | Sold | -- |
Source: | ||
| 5/26/2020 | Price change | $115,000-15.4% |
Source: COLDWELL BANKER HOME PLACE REALTY #20196541 Report a problem | ||
| 4/28/2020 | Pending sale | $135,900 |
Source: Coldwell Banker Home Place Realty #20196541 Report a problem | ||
| 1/6/2020 | Price change | $135,900-3.3% |
Source: Coldwell Banker Home Place Realty #20196541 Report a problem | ||
| 12/7/2019 | Listed for sale | $140,500 |
Source: Homepath Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $45,000 -82.8% |
| 2025 | $1,282 +42.6% | $261,650 +42.6% |
| 2024 | $899 -2.5% | $183,430 -2.5% |
| 2023 | $922 | $188,220 +15.8% |
| 2022 | -- | $162,550 +6.4% |
| 2021 | $886 +21.4% | $152,740 +22% |
| 2020 | $730 | $125,190 +12.9% |
| 2019 | -- | $110,870 -3.7% |
| 2018 | -- | $115,160 -17.4% |
| 2017 | -- | $139,380 +60.2% |
| 2016 | -- | $86,990 +5.2% |
| 2015 | -- | $82,680 +0.6% |
| 2014 | -- | $82,220 -1% |
| 2012 | -- | $83,010 +5.1% |
| 2011 | -- | $79,000 -4.7% |
| 2010 | -- | $82,860 |
| 2009 | -- | $82,860 |
| 2008 | -- | $82,860 -19.2% |
| 2007 | -- | $102,600 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Shadybrook
Nearby schools
Schools provided by the listing agent
- Elementary: Bullard
- Middle: Bullard
- High: Bullard
Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



