170 Armada Loop, Payne Springs, TX 75156
Local realty services provided by:Better Homes and Gardens Real Estate Lindsey Realty
Listed by: bobby moats
Office: lpt realty llc.
MLS#:21278477
Source:GDAR
Price summary
- Price:$749,950
- Price per sq. ft.:$599.96
- Monthly HOA dues:$20.83
About this home
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....
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Home facts
- Year built:1988
- Listing ID #:21278477
- Added:2 day(s) ago
- Updated:May 25, 2026 at 11:46 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile
- Kitchen Description:Dishwasher, Disposal, Electric Range
- Living area:1,250 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1988
- Building area:1,250 sq. ft.
- Lot area:0.45 Acres
- Lot Features:Landscaped, Lawn, Retaining Wall, Waterfront
- Levels:1 Story
Schools
- High school:Mabank
- Middle school:Mabank
- Elementary school:Central
Finances and disclosures
- Price:$749,950
- Price per sq. ft.:$599.96
- Tax amount:$7,553
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range, Electric Water Heater
- Amenities:Smoke Detectors, Window Coverings
Parking
- Garage:Yes
- Garage spaces:2
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