1579 Eastside Lake Road, Graham, TX 76450
Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
Listed by: austin chamness
Office: weatherbee real estate
MLS#:21414433
Source:GDAR
Price summary
- Price:$399,000
- Price per sq. ft.:$221.67
About this home
Turnkey investment opportunity with a lake view! This Lake Graham leasehold property offers incredible financial flexibility and cash flow potential, easily functioning as a full-time residence, an income generator, or a blended-use retreat. Includes two distinct, beautifully updated residences built in 2022. The 1,200 sq. ft. house offers a comfortable 1 large ensuite bedroom with a bathroom and walk-in closet connecting to a utility room with washer and dryer hookups. The open concept kitchen and living room combo features granite-countertops beneath vaulted ceilings. Both the living room and the bedroom have sliding doors access to a covered back porch with multiple seating and dining spaces facing the western sky lake view for morning coffee, afternoon drinks, and family cookouts. Includes a half bath for guests and gatherings. Under the same roof as the main house is a 600 square foot carport workshop that could converted to extra living space if needed. Both the main house and the efficiency apartment boast custom granite countertops with modern finishes in the kitchens and bathrooms with luxury wood like vinyl flooring throughout. The property's income potential is the separate 600 sq. ft. efficiency apartment, currently operating as an affiliated AirBNB, generating 1,000–1,500 monthly. This apartment was designed as a handicap accessible unit with it's own kitchen, bedroom, and bathroom. The yard has a sprinkler system with the water supplied from Lake Graham. Included is a parking space ready for a travel trailer with water and sewer hookups for personal use or as another rental potential. Along with storage container on site, the sellers are open to negotiating most of furnishings (except for some family heirlooms), furniture, appliances, tools, and yard equipment, The City of Graham leasehold is currently $1,000 a year (discounts available for 65+ and homestead). This is a rare chance to offset your lake lifestyle with established income....
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Home facts
- Year built:2022
- Subdivision & Development:Lk Graham
- Listing ID #:21414433
- Added:6 day(s) ago
- Updated:October 24, 2026 at 12:10 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Electric Range
- Living area:1,800 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric, Propane
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2022
- Building area:1,800 sq. ft.
- Lot area:1.1 Acres
- Lot Features:Sprinkler System, Waterfront
- Construction Materials:Metal Siding
- Levels:1 Story
Schools
- High school:Graham
- Middle school:Graham
- Elementary school:Graham
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$221.67
- Tax amount:$5,076
Features and amenities
- Appliances:Dishwasher, Electric Range, Electric Water Heater
- Amenities:Generator, Smoke Detectors, Window Coverings
Parking
- Garage:Yes
- Garage spaces:2
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