The perfect lake house on Lake Cypress Springs! This is the opportunity buyers have been waiting for! A property offering million dollar views at a price point rarely found on the lake. Situated on an incredible waterfront lot with expansive open water views, this property combines breathtaking scenery, recent updates, and exceptional versatility. The property features a 1,652 SF main home, a 640 SF guest house, and an oversized shop, providing plenty of space for family, friends, and all your lake toys. The recently updated main home offers 3 bedrooms and 2.5 bathrooms with an open concept design that is ideal for entertaining. Large windows capture the spectacular lake views, while the spacious living, dining, and kitchen areas create the perfect gathering space. The kitchen features stainless steel appliances and ample room for a large island. An oversized utility room provides additional storage and functionality. The primary suite offers a private retreat with an en-suite bathroom and walk in closet, while two additional guest bedrooms provide comfortable accommodations for family and visitors. The guest house includes a bedroom and full bathroom, making it ideal for overflow guests or extended stays. The oversized shop easily accommodates multiple boats, vehicles, golf carts, and lake equipment. Outside, the waterfront lot is truly the star of the show, offering some of the most impressive views on Lake Cypress Springs and the perfect location to build your dream boathouse. Located in a highly desirable gated subdivision, residents enjoy outstanding amenities including a boat ramp, community pool, tennis courts, and more. Whether you're looking for a weekend getaway or a full time residence, this property delivers everything buyers love about lake living.
For sale
$782,500
331 Spring Creek Dr, Mount Vernon, TX 75457
4beds
2,292sqft
Single Family Residence
Built in 1986
0.66 Acres Lot
$751,700 Zestimate®
$341/sqft
$63/mo HOA
What's special
Incredible waterfront lotRecently updated main homeExpansive open water views
- 23 days |
- 749 |
- 41 |
Zillow last checked:
Listing updated:
Listed by:
Nicole Anderson 903-767-2805,
Anderson Elite Realty
Source: GTARMLS,MLS#: 26008112
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Utility Room, 1 Living Area
Primary bedroom
- Features: Master Bedroom Split
Bathroom
- Features: Shower Only, Shower/Tub, Walk-In Closet(s)
Kitchen
- Features: Kitchen/Eating Combo
Heating
- Central/Electric
Cooling
- Central Electric
Appliances
- Included: Range/Oven-Electric, Dishwasher, Microwave, Refrigerator
Features
- Ceiling Fan(s), Pantry
- Flooring: Vinyl Plank
- Windows: Blinds
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,292
- Total interior livable area: 2,292 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Faces Front
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck Open
- Pool features: None
- Fencing: None
- On waterfront: Yes
- Waterfront features: Waterfront, Water/Lakefront
- Body of water: Cypress Springs
Lot
- Size: 0.66 Acres
Details
- Additional structures: Guest Quarters, Workshop
- Parcel number: 025010000700046000000
- Special conditions: Homeowner's Assn Dues
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Siding
- Foundation: Pillar/Post/Pier
- Roof: Aluminum/Metal
Condition
- Year built: 1986
Community & HOA
Community
- Features: Tennis Court(s), Gated, Boat Ramp
- Subdivision: Tall Tree
HOA
- Has HOA: Yes
- HOA fee: $378 semi-annually
Location
- Region: Mount Vernon
Financial & listing details
- Price per square foot: $341/sqft
- Tax assessed value: $560,860
- Annual tax amount: $7,199
- Date on market: 6/9/2026
Estimated market value
$751,700
$714,000 - $789,000
$2,462/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $782,500+56.5%$341/sqft |
Source: | ||
| 8/2/2022 | Sold | -- |
Source: NTREIS #20002255 Report a problem | ||
| 7/5/2022 | Pending sale | $499,900$218/sqft |
Source: NTREIS #20002255 Report a problem | ||
| 6/17/2022 | Listing removed | $499,900$218/sqft |
Source: NTREIS #20002255 Report a problem | ||
| 3/18/2022 | Listed for sale | $499,900$218/sqft |
Source: NTREIS #20002255 Report a problem | ||
| 3/14/2022 | Pending sale | $499,900$218/sqft |
Source: NTREIS #20002255 Report a problem | ||
| 3/9/2022 | Contingent | $499,900$218/sqft |
Source: NTREIS #20002255 Report a problem | ||
| 3/4/2022 | Listed for sale | $499,900$218/sqft |
Source: NTREIS #20002255 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $560,860 +6.9% |
| 2024 | $7,189 +11% | $524,700 +16.3% |
| 2023 | $6,479 +274.8% | $451,120 +19.1% |
| 2022 | $1,728 | $378,820 +32.7% |
| 2021 | -- | $285,430 +6.9% |
| 2020 | -- | $266,990 +5.4% |
| 2019 | -- | $253,420 -2.5% |
| 2018 | -- | $260,050 +3.5% |
| 2017 | -- | $251,250 +4.1% |
| 2015 | -- | $241,340 |
| 2014 | -- | $241,340 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 75457
Nearby schools
GreatSchools rating
- 8/10Mount Vernon Elementary SchoolGrades: PK-4Distance: 7.2 mi
- 7/10Mt Vernon Junior High SchoolGrades: 5-8Distance: 7.2 mi
- 5/10Mt Vernon High SchoolGrades: 9-12Distance: 7.2 mi
Schools provided by the listing agent
- Elementary: Mt Vernon
- Middle: Mt Vernon
- High: Mt Vernon
Source: GTARMLS. 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.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Franklin County
- Mount Vernon
- 75457
- 331 Spring Creek Dr




